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Mayor Park Heong-joon: Busan Signs Investment MOUs with Four Eco-Friendly and Manufacturing AI Companies to Become a Hub for Future Industries

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□ Busan Metropolitan City (Mayor Park Heong-joon) announced that today (24), at 11:10 a.m., it will sign investment memorandums of understanding with four companies, including those specializing in eco-friendly shipbuilding equipment, renewable energy, and manufacturing artificial intelligence (AI), at the City Hall video conference room. The agreements cover investment totaling KRW 44 billion and the creation of 193 jobs (new hires and relocations).

○ Attendees at the signing ceremony will include Mayor Park Heong-joon; Hwang Oe-yeol, CEO of SNCIS Co., Ltd.; Seong Su-gyeong, CEO of Hairiana Co., Ltd.; Son Sang-ho, CEO of Now ENT Co., Ltd.; and Lee Min-bong, CEO of Christine Company Co., Ltd., who will sign the MOUs in person.

□ SNCIS Co., Ltd. is a specialized company in eco-friendly shipbuilding and marine equipment. It develops and produces key ship components—such as switchboards, ballast water treatment systems, and automatic control systems—and provides an integrated solution that includes maintenance, repair, and overhaul (MRO). Recently, it successfully listed on KOSDAQ and has continued a steep growth trajectory backed by strong technological capabilities.

○ Although its headquarters are in Hwaseong-si, Gyeonggi-do, it successfully relocated its manufacturing plant from Haman-gun, Gyeongsangnam-do to Busan in 2021 and has since stabilized its operations. With growing orders, the company plans to establish a second plant on an idle site near its current facility (within the International Industrial Logistics City in Gangseo-gu) to expand production capacity (CAPA) and build advanced production lines (AI-based, automated, and robotized).

□ Hairiana Co., Ltd., a renowned local company in Busan, manufactures ship temperature sensors, navigation equipment, and measuring instruments. Through sustained investment in research and development (R&D), it has led localization efforts to replace imported equipment and has earned recognition for its solid technological strengths.

○ With orders surging amid the shipbuilding boom, the company has decided to relocate and expand by integrating its headquarters and factory at EcoDeltaCity (EDC) in Gangseo-gu, in order to enter new businesses in the eco-friendly energy sector.

□ Now ENT Co., Ltd. is a specialized manufacturer of solar power plants. It is a promising renewable-energy small but strong enterprise with differentiated core competitiveness through its “in-house design and assembly system,” which goes beyond simple construction by taking structural stability and maintenance into account.

○ To expand its infrastructure—such as strengthening renewable energy facilities and introducing automation equipment—Now ENT Co., Ltd. has decided to expand and relocate its Busan headquarters to a site in EcoDeltaCity (EDC) in Gangseo-gu.

□ Christine Company Co., Ltd., which operates Korea’s only artificial intelligence (AI)-converged footwear manufacturing platform, is a shoes-tech company leading the digital transformation (DX) of the traditionally offline-focused footwear manufacturing industry by integrating advanced technologies.

○ The company will relocate its headquarters to Sasang-gu, where many local footwear companies are concentrated. By actively leveraging the region’s footwear industry network, it plans to enhance the completeness of SINPLE, an AI footwear manufacturing matching platform, and to focus its capabilities on advancing technology through ShoeCatch, a footwear manufacturing design (engineering) solution.

□ Meanwhile, these agreements are expected to become a major turning point that reshapes Busan’s industrial landscape by adding the values of digital transformation (DX) and carbon neutrality to the traditional manufacturing ecosystem.

○ Building on this investment attraction, the city will accelerate digital innovation in key local industries such as shipbuilding and footwear, and strengthen Busan’s future competitiveness by creating a high value-added industrial ecosystem that converges eco-friendly energy and advanced manufacturing technologies.

□ Mayor Park Heong-joon is set to say, “The fact that companies with eco-friendly energy and artificial intelligence (AI) technologies—key drivers of future growth—have chosen Busan again is proof of the city’s growth potential,” adding, “We will spare no administrative and financial support to help these companies grow into global players in Busan and become a strong pillar of the local economy.”