industrial cluster Archives

S. Korea to Lift Regulations, Expand Support for Industrial Clusters

SEOUL, June 1 (Korea Bizwire) — South Korea plans to revamp its policy on fostering industrial clusters to establish a self-sustaining ecosystem and expand ties with global partners, the finance ministry said Thursday. The move is in line with the government’s efforts to build global business concentrations that can bring up innovative firms in high-end [...]

S. Korea’s Largest Hardwood Charcoal Producer to Build Industrial Complex

JINCHEON, Nov. 18 (Korea Bizwire) — North Chungcheong Province’s Jincheon County, South Korea’s largest hardwood charcoal producer, is building an eco-friendly hardwood charcoal industrial cluster. The county plans to invest 4.8 billion won (US$4.3 million) to build a hardwood charcoal industrial complex on 36,000 square meters of land in Baekgok District by 2024. Jincheon is [...]