This thesis analyzes the industrial structure in the Pohang region and points out various problems with which the Pohang regional economy is facing. It also tries to present the ways to reorganize the industrial structure of the region and examines th...
This thesis analyzes the industrial structure in the Pohang region and points out various problems with which the Pohang regional economy is facing. It also tries to present the ways to reorganize the industrial structure of the region and examines the cases of restructuring the industries in foreign steel cities.
The industrial structure in the Pohang area can be characterized by the high proportion of the steel industry in the GRP of the Pohang area. Since the Pohang regional economy is heavily dependent on steel industry, particularly Pohang Steel Co., it lacks the self-sustaining ability and causes several problems for balanced regional growth.
The followings are suggested to vitalize the local economy through maximizing its potentials. First, it is necessary to establish new research and development system for developing innovatory steel technology new products, and new production processes. Second, high-technology industries need to be fostered to transform Pohang into a high-technology city. The industries to be supported include computer, semiconductor, new materials, information communication, bio-engineering, energy, resource reprocessing, and so forth. third, fostering of logistics and financial industry is suggested to improve the self-sustaining abilty of the Pohang local economy. And the comprehensive development plan for the Pohang port is also requried.
In conclusion. the restructuring of the present unbalanced industrial structure of the Pohang region is required to boost the local economy. Further study is encouraged in the area of the specific ways to activate the industries mentioned above, particularly high-technology as well as logistics industry.