Jeollanamdo to Host F1 Korean Grand Prix in October
Jeollanamdo to Host F1 Korean Grand Prix in October
  • Lee Kyung-min
  • 승인 2010.08.13 09:58
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The first-ever Formula 1 (F1) Korean Grand Prix Series will be held in Yeongam, Jeollanamdo

The first-ever Formula 1(F1) Korean Grand Prix Series will be held in Yeongam, Jellanamdo, for a three-day run from October 22-24.

"Organizers here are rolling up their sleeves to make the event a success, as F1 is one of the biggest sporting attractions worldwide. Starting this year, Korea will host a Grand Prix for the next six years," said Park Joon-hyung, governor of Jeollanamdo.

In F1, around 20 races are held annually at venues worldwide. So far this year, 10 of the 19 rounds have been completed, and the Korean Grand Prix Series will be the 17th race of this season.

"We are making full preparations for the international event, which is expected to attract some 200,000 visitors, including 30,000 foreign guests. I think it is a golden opportunity for the country to reduce chronic travel deficit and herald South Korea and Jeollanamdo to the world," said the governor.

"In the future, we plan to hold domestic and international motorsport events and attract the auto tuning industry to our province. We will exert best efforts to make the F1 track one of Jeollanamdo's representative tourist resource," said Park.

 

2012 Yeosu EXPO

Park Joon-hyung, governor of Jeollanamdo

Under the theme of "The Living Ocean and Coast: Diversity of Resources and Sustainable Activities," 2012 Yeosu EXPO will be held in Jeollanamdo from May 12, 2012 through August 12.

"Currently, various projects to build a large-scale aquarium, exhibition halls and expressways have begun smoothly. In particular, we are making a strong push for providing U-EXPO service to realize IT exhibition," said the governor.

"For instance, we will create a test bed equipped with state-of-the-art IT technology to provide visitors with a strong impression and interest. We will use the 2012 Yeosu EXPO as an opportunity to herald Jeollanamdo to the world by introducing product service that represent Korea for the first time," he said.

Among the planned events for visitors are UCC-recommending tour course, digital coupons, smart map, and automatic interpretation and translation services, he explained.

 

Construction of BcN

Jeollanamdo plans to build Broadband convergence Network(BcN), which merges broadcasting, communication and Internet networks in a single unit by using advanced information and communication technology within the province.

"The province will invest KRW 53 billion over five years to build 782 BcNs each year to make 3,230 administrative 'ri' units. Through the BcN, we will provide a variety of multimedia services in households located in small agricultural and fishery regions. The system is also expected to create profit-generating models such as remote control medical and educational services and direct trade of agricultural products through IPTV," said Park.

"In addition, we plan to graft IT to build environment-friendly agricultural, fishery and livestock industries. At the same time, we will improve the educational environment in the agricultural and fishery regions by establishing IPTV study rooms in 353 regional children centers in the province by 2013," he said.

 

Fostering 4 strategic industries

In keeping with the government's five-year plan to achieve balanced national development, Jeollanamdo has been actively fostering the four sectors - biotechnology, new materials, shipbuilding and new & renewable energy - as the province's strategic industries.

"We have already established the foundation for the regional strategic industries by building 10 research and support centers in the province. In particular, we focused on securing infrastructure in the food, medicine, nano and biotechnology sectors," Park said.

Food Research Center located in Naju

"Based on this foundation, we will invest KRW 150 billion by 2012 to actively foster such future-oriented industries such as biology and new materials. By regions, the food, vaccine and biomedicine industries will be strengthened in Naju, Hwasoon and Jangheung; nano bio and biotechnology in Jangseong and Gokseong; magnesium lightweight materials and rare metals in Suncheon and Boseong; ceramic material in Mokpo; and high molecular convergence materials in Gohung," said Park.

"Along with this, the province is pushing ahead to establish a microorganism research center to foster environment-friendly agriculture and a comprehensive support center for the ocean leisure ship industry," said the governor.

Jeollanamdo boasts its best conditions for green industry, including the nation's largest sunshine, rapid tide of the Dadohae, and affluent offshore wind power resources.

"Based on these rich resources, we are now creating the 5GW offshore wind power generation estate on the southwestern coast. Also, we have just completed the construction of a factory so we can produce 2MW-class wind power generation systems in the Daebul Industrial Estate within this year, and we are also moving to advance into the overseas export market," he noted.

The governor also said that the province will establish the "Southwestern Area Clean Energy Technology Research Center" to assist companies' new technology development projects and produce bio energy by using seaweed.

2012 Yeosu EXPO will be held in Jeollanamdo from May 12, 2012 through Aug. 12

"By making the best use of such infrastructure for strategic industries, we will attract more relevant large companies and create more jobs to pull down the province's unemployment rate," he said.

Noting that a number of youths left the province due to a shortage of jobs, the governor stated, "The province will attract some 2,000 enterprises and create 100,000 jobs in the near future by actively fostering future-oriented industries, including magnesium factories and bicycle manufacturers."

"Related to this, we attracted the vaccine factory of Green Cross to Hwasoon in our province. Now, we are now building our own BCG vaccine factory. If we attract future-oriented companies in ocean bio, microorganism and space industries, we can create more than 100,000 jobs here and the recent phenomenon of decreasing population in the province will disappear around 2014," he added.


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