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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.

South Jeolla Province Launches KRW 4.6 Trillion Industrial Transformation Project for Petrochemicals and Steel
Jan 16, 2026, 6:11 AM

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