Jung Myunggeun, Mayor of Hwaseong: "We Will Build a Virtuous Cycle from Corporate Success to Urban Growth to Citizen Happiness"
Vision Presented at Hwaseong Economic Forum
"Providing a Business-Friendly Environment"
Jung Myunggeun, mayor of Hwaseong City in Gyeonggi Province, has declared his commitment to creating an ecosystem that fosters a virtuous cycle in which corporate success leads to urban growth.
Jung Myunggeun, mayor of Hwaseong, is explaining the city's policy support reinforcement plan for corporate growth at the 'Hwaseong Economic Forum' held at the Hwaseong Chamber of Commerce on the 15th. Provided by Hwaseong City
View original imageMayor Jung made this announcement during a special lecture at the 'Hwaseong Economic Forum' held at the Hwaseong Chamber of Commerce Convention Hall on the 15th.
The Hwaseong Economic Forum, which has been held once a month since 2007, is an economic network where local business representatives and executives gather to listen to lectures on management, economics, and the humanities, and to network. With this event, the Hwaseong Economic Forum marked its 200th session.
In his special lecture titled "Hwaseong's Unique Future Created Together with Businesses," Mayor Jung emphasized, "A city grows only when its businesses succeed, and citizens can be happy only when the city grows."
He added, "Good jobs are created by businesses, and it is the city's responsibility to create a business-friendly environment. Going forward, the city will work together with businesses to become a future-oriented city where work, residence, and leisure are harmoniously integrated."
Previously, under the 8th popularly elected administration, Hwaseong City achieved its initial investment attraction goal of 20 trillion won ahead of schedule and subsequently raised the target to 25 trillion won. To this end, the city is expanding the foundation for corporate growth by fostering national strategic industries such as semiconductors, future vehicles, and bio, building an advanced industrial ecosystem, improving transportation, housing, and working environments, strengthening support for small and medium-sized enterprises, and promoting the transition to artificial intelligence (AI) and smart manufacturing.
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The city has also strengthened its customized support system for attracting investment. Key initiatives include the establishment of a new Corporate Investment Office, expansion of dedicated corporate support organizations, and the implementation of a one-stop service for investment attraction.
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