Regional EconomySisterhood Ties

Regional Economy

  • Establishment and support for Public Facilities
  • Pohang: Hwanho Sunrise Park (KRW 30 billion), Contribution of Techno Park
    (KRW 22.5 billion), etc.
  • Gwangyang: Community Center (KRW 29.7 billion), Raising Fund for Suncheon University
    (KRW 10 billion), etc.
  • Building and running of Korea¡¯s first football stadiums (Pohang and Gwangyang)
  • Pohang Steelers (1984), Chunnam Dragons (1994)
  • Pohang Fireworks and Lights Festival (2004~)
  • Participants: 300,000 in 2004, 650,000 in 2005, and 700,000 in 2006
  • Economic impact of KRW 15 billion every year
  • Gwangyang Bay Festival
  • Venue of festival and unity for Gwangyang Bay Community
  • Development of local specialties and souvenirs and purchase of them through Local Market
    (Jukdo)
  • Developing POSCO plants as a tourist spot / Installation of view light for facilities