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Busan Metropolitan City Holds the “1st On-site Meeting for Innovative Growth” Close communication with businesses and the field!

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Busan Metropolitan City (Mayor Park Heong-joon) announced that it will hold the “1st On-site Meeting for Innovative Growth with Local Companies” today (October 16) at 2 p.m. in the conference room of the Busan-Gyeongnam Automotive Parts Technology Business Cooperative located in Jangansa Industrial Complex, Gijang-gun, together with companies based in the complex.

The “On-site Meeting for Innovative Growth with Local Companies” (hereinafter referred to as “the meeting”) has been organized to hear directly from the manufacturing sector and identify practical solutions to remove obstacles to growth through close communication with the field.

The meeting will be attended by Mayor Park Heong-joon, Shin Gyu-jin, Chairman of the Busan-Gyeongnam Automotive Parts Technology Business Cooperative, and about 20 representatives of companies located in the Jangansa Industrial Complex.

During the meeting, participants will discuss a wide range of on-site issues faced by local businesses, including improving residential conditions in the complex, expanding transportation infrastructure, resolving parking shortages, expanding the public wastewater treatment facility, and supporting information security systems.

The city plans to promptly review and implement specific measures in response to these issues, including phased development of residential complexes, cooperation on the establishment of bypass roads, expansion of commuter bus services, and support for information security education.

Furthermore, beginning with this meeting, Busan Metropolitan City plans to continue a series of on-site relay meetings across the city to address corporate challenges closely and strengthen policy support aimed at revitalizing the local manufacturing industry.

Meanwhile, this year alone, the city has secured more than KRW 2 trillion in policy funds to support operating capital, companies affected by tariffs, and special funds for technological innovation. It is also actively assisting companies in entering overseas markets by expanding support for international logistics costs and global market development.

In addition, the city is pursuing various initiatives to improve working environments and strengthen corporate competitiveness, such as providing eco-friendly vehicle rental subsidies for young workers, supplying dormitory-type rental housing through LH, and offering customized education and consulting programs for industrial complexes.

Mayor Park Heong-joon stated, “Although the manufacturing sector is facing difficulties due to high interest rates, a strong exchange rate, and supply chain restructuring, we must seize opportunities even amid these challenges. This meeting will mark the beginning of a path toward innovative growth in cooperation with local companies.” He added, “Busan will do its utmost to achieve innovative growth together with businesses, transcending the single-centered system of the capital region and positioning Busan as the leading hub city of the southern region.”