Gyeongbuk emerging as a new leader of global biotechnology
Gyeongbuk awaits international investors to invest in cutting-edge biotechnology R&D facilities, specialized industrial clusters, and expansive industrial infrastructure for the province.
Impetus behind the Growth of Biotechnology and Vaccine Industries
National Vaccine Industry Cluster established in Andong:
KRW 102.9 billion invested in the establishment of an animal cell testing support center (to serve as a contract manufacturing organization for vaccine production)
A medical mold R&BD base established in Yeongcheon:
KRW 31.9 billion invested in equipment construction, technological development, commercialization support, etc.
Medical textile fusion material industry project (Gyeongsan):
KRW 45 billion to be invested in the creation of MedicalTex Plaza
Laying the foundation for improving the reliability and quality of ocular lenses (Gyeongsan):
KRW 21.2 billion to be invested in the creation of a convergence technology center, equipment construction, etc.
Andong Bio-Industry Valley
Gyeongbuk Bio-Industry Complex
Location: Pungsan-eup, Andong (941,000 ㎡)
Tenant industries: Vaccine, bio-materials, food, electronics, etc.
40 tenant businesses employing 150+ employees together
Areas of research: Plant-based biotechnology, functional foods and health supplements, biotechnology, etc.
Andong Animal Cell Testing Support Center
Location: Pungsam-eup, Andong (within the Bio-Industry Valley)
Main function: To organize and support clinical trials on vaccines before they are taken onto the global market
※ To be completed in 2019
Pohang Next-Generation Bio-Industry Valley
POSTECH Biotech Center
Location: Pohang University of Science and Technology (POSTECH)
Features: Biotech Center, Life Science Building, Chemistry Building
Areas of research: Molecular pharmaceuticals, nano- and plant-based biotechnology
Partnered with specialized biotechnology institutes and companies at home and abroad
Pohang Techno Park
Location: Jigok-dong, Pohang
Size: 187,000 ㎡ for land, 64,000 ㎡ combined for buildings
59 tenant businesses employing 450+ employees together
Main areas of focus: Collaborative R&D projects, start-up incubation and support, training and education
Bioinformatics Construction Center: Specializing in testing the efficacy of bio-materials, equipment construction, and business support
Gyeongbuk New Drug Support Center
Location: POSTECH, Pohang
Size: Five floors (one under the ground), 11,550 ㎡ in total floor area
Main functions: Collaborative R&D projects, work spaces for pharmaceutical companies
K-Beauty Convergence Cluster in Gyeongsan
Project duration: Five years (2015–2019)
Location: Yugok-dong, Gyeongsan
Global Cosmetic Business Center: Center of industrial infrastructure
Size: 8,508 ㎡ in land, 4,600 ㎡ in total floor area (four floors, with one under the ground)
Project budget: KRW 20 billion (KRW 10 billion from the national government; KRW 3 billion from the provincial government; KRW 7 billion from the municipal government)
To feature cosmetic product testbeds, support joint R&D, and provide business support
Global Cosmetic Business Valley: An industrial complex specializing in cosmetics
40 tenant businesses, over a total area of 1,650,000 ㎡
Boosting global prospects of tenant businesses by providing an integrated K-beauty platform and marketing support