About Chungnam
News
Emerging Maritime Power Chungnam: Next 2-3 Years a Golden Time for New Maritime and Fishing Industries
2020.01.03(금) 14:11:19 | CNnews (
chungnamdo@korea.kr)
Amid the crisis of the province’s key industries like semi-conductors and displays, establish the Seohae Maritime New Industrial Belt to develop marine biotech and marine healing industries.
Chungnam is paying attention to ‘the West Sea Tidal Flats’ as a new growth engine for its sustainable future. The West Sea Tidal Flats are one of the world's five biggest tidal flats. Chungnam has as much marine healing resources as any region in Europe, including salt, mud, tidal flats and marine sand - a reason why Chungnam is striving to foster new maritime and fishing industries as a new growth engine. Due to increasing uncertainty surrounding the global economy caused by the US-China trade conflict among others, Chungnam needs to expand its portfolio of future-oriented innovative growth.
Chungnam promotes three core strategies to develop its maritime and fishing industries. The first is the restoration of its marine ecology. Chungnam strives to restore the sustainability of Garorim Bay and create a national marine garden there. The bay is the largest shellfish breeding ground on the country’s west coast and the country’s only marine life preserve. Chungnam plans to open the closed estuaries and restore 10 km of coastline and 1.96 million m² of tidal flats at the bay. Through the creation of a national marine garden, Chungnam expects to bring about 470 billion won in production-induced effect and create more than 20,000 jobs.
The second is to reverse reclamation and promote the marine healing industry for Lake Bunam at Cheonsuman Bay which has become useless as its water quality has deteriorated into grade 6. The lake will draw seawater and the marine ecosystem of the area will be restored - a first in the country. Fishers’ income will increase in the area. Taean Business City will recover vitality on the back of the restoration of the marine ecology in Cheonsuman Bay under the big picture of promoting the marine healing industry along the shore.
The third is to develop the marine biotech industry through the creation of a national marine biotech cluster around the Janghang National Ecological Industrial Complex. Chungnam plans to attract companies that tap into marine fish, plants and microorganisms to produce food, medicine, chemicals and energy to foster the marine biotech industry. It is supporting R&D related to the development and commercialization of various marine bio prototypes.
The next two to three years is the golden time for the province’s maritime industry. Chungnam has been leading the rapid growth of Korea over the past decade. However, the growth of Chungnam's flagship industries, including the display, semiconductor and steel industries, has begun to slow down. Chungnam has found its exit strategy in its abundant marine resources. It has watched Germany succeeding in marine healing and biotech and the Netherlands prospering from reclamation reversal and marine tourism. Chungnam intends to build a new industrial belt along the West Sea with its marine resources with the firm conviction that Chungnam's maritime industry will take the lead in accelerating Korea's future innovative growth.
Chungnam is paying attention to ‘the West Sea Tidal Flats’ as a new growth engine for its sustainable future. The West Sea Tidal Flats are one of the world's five biggest tidal flats. Chungnam has as much marine healing resources as any region in Europe, including salt, mud, tidal flats and marine sand - a reason why Chungnam is striving to foster new maritime and fishing industries as a new growth engine. Due to increasing uncertainty surrounding the global economy caused by the US-China trade conflict among others, Chungnam needs to expand its portfolio of future-oriented innovative growth.
Chungnam promotes three core strategies to develop its maritime and fishing industries. The first is the restoration of its marine ecology. Chungnam strives to restore the sustainability of Garorim Bay and create a national marine garden there. The bay is the largest shellfish breeding ground on the country’s west coast and the country’s only marine life preserve. Chungnam plans to open the closed estuaries and restore 10 km of coastline and 1.96 million m² of tidal flats at the bay. Through the creation of a national marine garden, Chungnam expects to bring about 470 billion won in production-induced effect and create more than 20,000 jobs.
The second is to reverse reclamation and promote the marine healing industry for Lake Bunam at Cheonsuman Bay which has become useless as its water quality has deteriorated into grade 6. The lake will draw seawater and the marine ecosystem of the area will be restored - a first in the country. Fishers’ income will increase in the area. Taean Business City will recover vitality on the back of the restoration of the marine ecology in Cheonsuman Bay under the big picture of promoting the marine healing industry along the shore.
The third is to develop the marine biotech industry through the creation of a national marine biotech cluster around the Janghang National Ecological Industrial Complex. Chungnam plans to attract companies that tap into marine fish, plants and microorganisms to produce food, medicine, chemicals and energy to foster the marine biotech industry. It is supporting R&D related to the development and commercialization of various marine bio prototypes.
The next two to three years is the golden time for the province’s maritime industry. Chungnam has been leading the rapid growth of Korea over the past decade. However, the growth of Chungnam's flagship industries, including the display, semiconductor and steel industries, has begun to slow down. Chungnam has found its exit strategy in its abundant marine resources. It has watched Germany succeeding in marine healing and biotech and the Netherlands prospering from reclamation reversal and marine tourism. Chungnam intends to build a new industrial belt along the West Sea with its marine resources with the firm conviction that Chungnam's maritime industry will take the lead in accelerating Korea's future innovative growth.
