Chungcheongnam-do

Chungnam is known as the growth engine of Korea's high-tech industries, where the major production sites of Samsung Electronics and Hyundai Automobiles are located. Chungnam, with 36 universities and 623 research institutes, leads the nation in the field of technology development and commercialization, which in turn, attracts start-up businesses and foreign direct investments. Chungnam Techno Park (henceforth, CTP) plays an important role in developing provincial economy as a regional innovation platform, utilizing the innovative resources such as enterprises, universities, research institutes, governments, and business service agencies.

CTP is a public organization jointly founded by the Chungnam provincial government and the Ministry of Knowledge Economy in 1999. It aims to promote regional strategic industries as well as to nurture technology-based enterprises. The regional strategic industries include information technology, automobiles, multi-media contents, and agricultural biotechnology. CTP operates three R&BD (research and business development) centers for strategic industries, and three agencies for provincial industry planning, business services, and enterprise education program.
Last 10 years, CTP created 245 new enterprises, providing 13,000 new jobs with total products of $5 billion. CTP also supported 115 enterprises with R&D investment and commercialization, which yields 19,500 jobs and total products of $4.6 billion. One of the most successful stories at CTP is Evertechno Co., Ltd. The enterprise began its business with 3 people at CTP in 2000, listed on the Korean Stock Exchange Market in2007, and reached its production amounts to $150 million with 450 employees in 2008. On the CTP campus today, more than 120 enterprises are following the path of Evertechno Co., Ltd.

As a member of Asia Science Parks Association and International Association of Science Parks, CTP is active in global cooperation. CTP has the sister park relations with Surrey University Research Park in UK, Tshinghua University Science Park in China, Kumamoto Technopolis in Japan, Thailand Science Park, and Mubarak Science City in Egypt. CTP also collaborates with foreign institutes for R&D and commercialization. The University of Texas at Dallas, Arizona State University and Metroplex Technology Business Council, USA are CTP's partners to develop IT fusion technology.

CTP is changing the business environment of Korea. CTP's ultimate goal is to make Chungnam as the world leader in high-tech industries that will assure the sustainable development of economy and the quality of life for the people of Chungnam. In the year 2020, CTP will create 20 star enterprises whose annual sales exceed $100 million and 2 mega star enterprises whose annual sales exceed $1 billion. CTP is the innovative organization to make impossible possible!

A Message from CEO

We have created a perfect habitat for knowledge workers and their dreams. The comprehensive business service programs of CTP provide the enterprises with pleasant business spaces, state-of-art facilities for R&BD, capital funds for new businesses, training programs for skilled workers, legal and marketing services, and much more. You are cordially invited to be a resident of CTP. We will be your faithful partner until your dreams come true. Your success is our happiness.
www.ctp.or.kr / ceo@ctp.or.kr