Gyeonggi Province Holds Joint Strategy Meeting on 100 Trillion Won Investment Attraction and Hwaseong's 20 Trillion Won Target

[Suwon Ilbo = Reporters Choi Ki-ho and Park Noh-hun] Gyeonggi Province held a provincial-municipal joint investment attraction strategy meeting at the Hwaseong City Hall situation room on the 12th, seeking investment attraction measures to achieve the current administration's vision of 20 trillion won in investment for Hwaseong.

The meeting was part of the 'On-site Municipal Investment Attraction Consulting Project,' organized to jointly develop investment attraction strategies between Gyeonggi Province and Hwaseong to achieve the 100 trillion won investment target for the province, including the 20 trillion won investment goal for Hwaseong in the current administration.

Attending the meeting were 10 provincial and municipal investment attraction officials, including Lee Hee-jun, Director of Economic Investment at Gyeonggi Province, and Lim Jong-chul, Vice Mayor of Hwaseong. They discussed Hwaseong's industrial attraction response strategies from the perspective of regional industry development analyzed by the province.

The province proposed investment attraction measures for industrial infrastructure development and designation and expansion of leading industries, and briefed on Gyeonggi Province's investment attraction plus strategy to strengthen overseas high-tech company recruitment activities centered on emerging industries and provincial policy issues.

Furthermore, it emphasized the need to establish differentiated investment environments for each local government, conduct accurate site analysis and information sharing, carefully review corporate needs and challenges, and establish customized strategies.

Additionally, at this meeting, the province presented its strategy to achieve 100 trillion won in investment attraction and explored ways to attract advanced industries for Hwaseong's 20 trillion won investment target.

Meanwhile, Gyeonggi Province believes that both provincial and local governments must work together for industrial development within the province. The province designed the 'On-site Investment Attraction Consulting Project,' which shares Gyeonggi's expertise in municipal and county development and investment attraction strategy planning and conducts joint investment attraction activities, and has been operating it since 2022.

Vice Mayor Lim Jong-chul of Hwaseong said, "Our city has grown rapidly over the past 20 years, but urban development through systematic planning has been insufficient. Based on today's investment attraction consulting from Gyeonggi Province, we will actively work to attract strategic companies for the development of our city's core future industries such as semiconductors, future mobility, and biotechnology."

Director Lee Hee-jun of Economic Investment at Gyeonggi Province said, "Hwaseong is one of the fastest-growing cities in Korea, achieving excellent results in the national local government competitiveness evaluation. We hope Hwaseong will attract innovative industries for future growth such as semiconductors, advanced mobility, artificial intelligence, and big data to revitalize the local economy and lead Korea's future industries."