South Jeolla Province Launches KRW 4.6 Trillion Industrial Transformation Project for Petrochemicals and Steel
HYDROGENGREEN STEELCARBON CAPTURE
South Jeolla Province has launched a KRW 4.6 trillion industrial transformation project aimed at restructuring its petrochemical and steel sectors to enhance eco-friendliness and high-value manufacturing. Centered on the Yeosu National Industrial Complex and Gwangyang Steelworks, the initiative includes strategies for carbon neutrality, AI-based industry advancements, and renewable energy development, with significant investments planned for carbon capture and low-carbon steel production by 2030. The project also emphasizes job protection and support for local businesses during the industrial transition.

Jan 16, 2026, 6:11 AM