Leading Korea’s Innovation-led Growth

Hwang Gyu-yeon, chairman of KICOX, delivers a speech at a ceremony marking the 2018 Industrial Complex Entrepreneurs Day held at the COEX, Seoul on Oct. 23.

Korea Industrial Complex Corp. (KICOX) and the Federation of Korean Industrial Complexes Employers Association held a ceremony to mark the 2018 Industrial Complex Entrepreneurs Day at the COEX, Seoul on Oct. 23.

In a speech, Hwang Gyu-yeon, chairman of KICOX, said that industrial complexes will play a leading role in creating jobs, fostering industries and accelerating technology growth.


Approximately 1,000 people attended the ceremony including Park Kun-soo, head of the Industrial Policy Department of the Ministry of Trade, Industry and Energy, and businesspeople from companies which have moved into industrial complexes nationwide.

"The event for 2018 Industrial Complex Entrepreneurs Day is quite meaningful in that we can think about the achievements and value ​​of industrial complexes which are the foundation for the Korean manufacturing industry and job creation," said Kim Ki-won, chairman of the Federation of Korean Industrial Complexes Employers Association.

Industrial complexes and entrepreneurs vowed to lead the innovation and development of industrial complexes which had taken the initiative in industrialization and creating jobs through shared growth and harmony, job innovation, industrial and technological innovation and the innovation of industrial locations for the purpose of becoming a driving force behind Korea's innovation-led economic growth.

At this event, a total of 117 people including businessmen and workers who contributed to the development of industrial complexes received citations for industrial development. The Presidential citations went to Lee Kye-woo, president of Aquapick and Kim Young-joo, president of Taeho while the Prime Minister citations to Shim Seong-won, president of JaewonIndustrial, RohByung-moo, president of Hyupshin Hydraulic and Kim Young-koo, president of Hanla IMS.


"Through this event, industrial complexes will grow into a space for Korea’s innovation-led growth by taking into consideration the Korean people’s and entrepreneurs’ will for change and hopes," said Hwang Gyu-yeon, chairman of KICOX.

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