Gyeonggi Province played a critical role in Korea's recovery from the
foreign exchange
crisis of 1997,recording a 23%real growth rate that was double the average
for
the nation.With this kind of potential,it is now focusing its energy
on
strengthening high-tech knowledge-based competitive power in
order to help Korea take another forward leap.
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Establishment of Knowledge Infrastructur
The staff working at the research institutes of colleges,universities,and
enterprises in Gyeonggi Province are privileged with a network that
connects them and facilitates the effective exchange of information
and manpower. The small and medium-sized companies located in Gyeonggi
Province receive considerable support from local government.
Gyeonggi Province has already expanded its Internet network and
is providing
one-stop service covering management,technology,laws,taxation,and
accounting
in order to support business and research efforts.
In addition,Gyeonggi Province has set up a high-tech compound in
an easily
accessible area.This area has great potential and is well on the
road to becoming
an economic center. |
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Promoting Semiconductors,Bioengineering,
& Information Technology
Gyeonggi Province has created a five-year plan for developing
science and technology concentrating its investments and support
on such high-tech sectors as semiconductors,bioengineering and
information technology.
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Promoting Venture Firms and Vitalizing Start-ups
Thanks to generous government incentives 1,501 venture firms,21%
of the national total,have been able to start up in the province.
(The present 2000) |
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