[Pangyo Tech] Gyeonggido gathers Gwanggyo and Pangyo research institutes representatives to seek collaborative project

On Aug. 27, Gyeonggido Business & Science Accelerator (GBSA) held “Gwanggyo-Pangyo Research Institute Policy Council – 1st Representative Meeting” in video conference format.

The Policy Committee was established this year to implement the cooperative system for communication and cooperation among Gyeonggido and research institutes according to Article 9 of the Gyeonggido Business & Science Accelerator Ordinance (projects for knowledge information, technology exchange, joint cooperation, etc.) and Article 9 of the Gyeonggido Innovation Cluster Fostering and Support Ordinance (promotion of industry-university-year joint research and development), and the first meeting was held on this day.

The Policy Council is made up of 10 national and provincial-funded research and promotion organizations located in Gyeonggi-do and Gwanggyo and Pangyo Techno Valleys, listing from ▲Gyeonggido Business & Science Accelerator (Bio Center, 4th Industry Headquarters) ▲Advanced Institute of Convergence Technology ▲Korea Advanced Nano Fab Center ▲Gyeonggi Technopark ▲National Institute for Mathematical Science ▲Intelligent ICT Convergence Research Center ▲Seoul SW-SoC Convergence R&BD Center ▲Software Policy & Research Institute ▲Artificial Intelligence Cooperation Center, and ▲Institut Pasteur Korea.

At the first representative meeting, each participating organization announced its major core project, and based on the results of the agenda demand survey conducted in advance, various opinions for practical cooperation between Gyeonggi-do and institutions were presented and issues that need policy changes were raised and suggestions were made.

Starting with this meeting, the next policy council will be held to develop the council by discovering collaborative tasks that can create synergy by connection and cooperation among the institutes.

Moon Young Lim, Gyeonggi-do Future Growth Policy Bureau Officer, said, “Until now, Gwanggyo and Pangyo Techno Valleys were acting as independent institutes. But through the Policy Council, we have provided the window for communication and cooperation between them, and I expect that this will contribute to the development of Gyeonggido’s science and technology.”

Pangyo Technovalley is an innovation hub for global companies comparable to the Silicon Valley in the US, Zhongguancun in China, and STATION F in France. It is an Asia tech hub with 1,259 IT, BT, CT, and NT companies that possess innovative products and technologies. Located just south of the metropolitan area, it provides the best environment for Korean companies to do business with great transportation access and infrastructure.

Various high-tech companies are located in Pangyo Technovalley, and it is occupied by 64,000 full-time employees, many in their 20-30s. In terms of industry, the companies are engaged in information technology, contents technology, biotechnology, and nanotechnology.

With the support of innovative companies with global capabilities such as Kakao, Naver, AhnLab, Krafton, NCSoft, Nexon, and Hancom, companies in Pangyo Technovalley recorded 107 trillion won in sales last year. Investment and infrastructure growth in Pangyo is expected to continue, with the Metaverse hub entering Pangyo this year.

Source: Pangyo Techno Valley Official Newsroom