Jeonnam Province recently announced an investment agreement of 5 billion ~ 1 trillion won in Hampyeong, Damyang, and Gwangyang, emphasizing economic revitalization and regional development. A typical example is as follows.
â–² Damyang-gun-Eco Palm Tech: Establishment of onions and vegetable seed research institutes price KRW 5 billion â–² Hampyeong-gun-Dongwoo Co., Ltd.
Nevertheless, some have raised suspicions that these presentations usually are not inflated before local elections. Up to now, there have been large -scale investment announcements, but there are cases where some projects didn’t proceed as planned.
Due to this fact, it’s vital to fastidiously monitor whether the present investment attraction and policy support are literally executed.

Specifically, it’s vital to substantiate clear data on whether the 27 trillion won investment agreement was accomplished in 2024 or the cumulative value containing the prevailing investment agreement.
The announcement of investment attraction and policy support in Jeonnam -do is a vital strategy that may contribute to the event of local economy, but it surely is vital to confirm the sensible effect.
It’s identified that it’s vital to examine the clear performance management and policy implementation process in order that it may possibly result in the actual economic revitalization.
By Yang Joon -seok, reporter kailas21@aitimes.com