Investment Attraction>Investment Environment>7 Strategic Industries>Future-oriented Automotive Parts
Future-oriented Automotive Parts
Improving Gyeongsangbuk-do with strategic, future-oriented industries.
We are creating new value for the next generation as we pioneer future-oriented hybrid parts technologies in major industries that represent the confidence and advancement of the local economy.
Favorable Investment Conditions
Convenient access for automobile manufacturers: within 1 hour
Automobile manufacturers: Hyundai (Ulsan), Renault Samsung (Busan), GM (Changwon)
Convenient logistics
Easy to send overseas through international ports in Busan, Ulsan, and Pohang
Professional manpower for the automotive industry
Five universities, including Yeungnam University
Establishment of a Global Supply Base for Automotive Parts
Nation's largest industrial cluster for automotive parts
55,000 employees in 1,163 companies, 29 companies with KRW 100 billion in sales (27% of the total number nationwide)
Formation of a wide area mechatronics cluster
Parts (Gyeongju, Yeongcheon, Gyeongsan), steel and machines (Pohang, Gyeongju), electrics and electronics (Gumi)
An R&D and manufacutirng base for intelligent vehicles and hybrid automobile parts
Concentration of research institutes in the automotive industry value chain
Materials
Gyeongbuk Green Car Parts Institute (Gyeongsan), Gyeongbuk Hybrid Technology Institute (Yeongcheon)
Pohang Institute of Metal Industry Advancement (Pohang), Advanced Automotive Inspection Technology Research Center (Gimcheon)
Unit Parts
Gyeongbuk Research Institute of Vehicle Embedded Technology (Yeongcheon), Mechatronics Center (Daegu)
Module Parts
Gyeongbuk Institute of IT Convergence Industry Technology (GITC), Mechatronics Parts Center