KICOX Striving to Change Industrial
Complexes into Innovative Clusters

New President Park calls for KICOX's being transformed as a body tailored to meet customers'demands and changes of the times

New Korea Industrial Complex Corp. (KICOX) President Park Bong-kyu said his corporation will do its utmost to shift its paradigm in order to transform industrial complexes into new growth centers that will reenergize the national economy.
In his inaugural ceremony held at the KICOX on Aug. 1, Park said, "Our industry is reborn as a new industrial field, as the now-defunct Guro Industrial Complex, which served as a center of simple sewing in the 1960s, has now turned into the so-called IT Valley, so the KICOX will have to change according to changes of the times." "I've heard that the KICOX has been entrusted with the management of the 2nd Dalseong Industrial Complex in Daegu from the local government. We need to be recognized and trusted for other local government bodies to hand over the management of their industrial complexes,"he said.
Park said he will work out short- and long-term development plans to establish a foundation to build up a field-oriented and knowledge-based management system.
National industrial complexes, which have served as a fundamental engine behind the unparalleled development of the economy, are now shifting into innovative clusters of industrial complexes in order to create an innovation-driven economy. Plans are now under way to change the exiting manufacturing-oriented industrial complexes, which take up 30 percent of production and 43 percent of exports in the nation's manufacturing industry, into clusters of knowledge-based industries, supported by networks linking industry, academia, research and government sectors.
A native of Cheongdo, Gyengsangbuk-do, Park graduated from Kyungbook National University and North Western Graduate School.
He entered the officialdom after passing a higher administrative examination in 1975. He held such positions as a commercial attache of the Korean Embassy in the former Czechoslovakia, the director general in charge of trade and investments, the director general of trade policy and an assistant minister in charge of trade and investments. He also served the secretary general of Korea Industry Technology Foundation during the period between 2004 and 2006 and the vice mayor of political affairs at the Daegu Metropolitan Government during the period between September 2006 and July 2008. nw

KICOX President Park Bong-kyu