Korea Development Bank conducts a briefing on its major tasks for regional economic revitalization with representatives from over 50 companies in the Busan and Ulsan region at the Busan Chamber of Commerce on Nov. 18. /Courtesy of Korea Development Bank

Korea Development Bank announced on the 18th that it conducted a briefing on its main tasks for revitalizing the local economy at the Busan Chamber of Commerce and Industry, attended by representatives from over 50 companies in the Busan-Ulsan-Gyeongnam region.

The special lecture by Kang Seok-hoon, chairman of Korea Development Bank, began on the topic of the economic development of the southeastern region and the bank's role. This was followed by information on domestic and international economic forecasts for establishing sales strategies for southeastern corporations, tailored financial services for regional companies, and expanded support for the marine industry.

During today's lecture, Chairman Kwon introduced the bank's efforts and achievements for the economic development of the southeastern region, emphasizing, "The concentration in the capital region is one of the factors that diminish national competitiveness. For the Republic of Korea's economic resurgence and sustainable growth, the abundant industrial capital in the southeastern region must be developed into a new axis of economic growth."

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