President Yoon Suk Yeol Commits to Developing Hydrogen Industry in North Gyeongsang Region
Key Ideas
  • President Yoon Suk Yeol announces an 800 billion won project to establish a hydrogen economy industrial belt in North Gyeongsang.
  • Plans include creating a hydrogen fuel cell cluster in Pohang, a nuclear hydrogen national industrial complex in Uljin, and a small modular reactor complex in Gyeongju.
  • The project aims to boost the region as a hydrogen industry hub and empower the Gumi industrial complex for semiconductor production.
  • Yoon's commitment also extends to revitalizing the nuclear industrial ecosystem and advancing new industrialization in the region.
President Yoon Suk Yeol of South Korea has unveiled plans to support the development of a hydrogen economy in the North Gyeongsang region. The project, totaling 800 billion won, is aimed at fostering the region as a hub for the hydrogen industry. During a public debate in Gyeongsan, Yoon emphasized the need for innovation to drive the region's industrial growth. The initiatives include establishing a network of hydrogen pipes for a potential hydrogen fuel cell cluster in Pohang and a nuclear hydrogen national industrial complex in Uljin. Additionally, investments will be made in a small modular reactor complex in Gyeongju and the construction of Shin Hanul reactors Three and Four. President Yoon also committed to enhancing the Gumi industrial complex, focusing on its transformation into a production base for material parts. The overall goal is to revitalize the nuclear industrial ecosystem and promote new industrialization in the region, showcasing a positive sentiment towards hydrogen and economic development.
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