Restarting Gunsan Shipyard ③ Interested in the scale of investment by Hyundai Heavy Industries and local governments

Hyundai Heavy to invest 100 billion won this year and then gradually expand its scale
Support for local governments, logistics costs, manpower training, and subcontractor wages

Hyundai Heavy Industries plans to invest regarding 100 billion won this year in the Gunsan Shipyard, which will reopen from January next year.

This is the cost required to improve or repair facilities to reduce fine dust because factories and facilities are outdated due to the 5th year of shutdown since 2017.

The Gunsan Shipyard, which was completed in 2010 at the 2nd National Industrial Complex in Gunsan, Jeollabuk-do at a total cost of 1.2 trillion won, is equipped with the world’s largest Goliath crane (1,650 tons), docks and quay walls, and built around 10 ships every year. enjoyed

At that time, the ship was built from design to completion at the Gunsan Shipyard, but when it restarts next year, it will be limited to the production of parts (blocks) necessary for the finished product.

Blocks produced here are moved to Ulsan Shipyard, etc. and finished products are made there.

Gunsan Shipyard plans to produce 100,000 tons of blocks per year, which varies depending on the size of the ship, but is roughly equivalent to 4 ships.

[군산조선소 재가동]  ③ Interested in the scale of investment by Hyundai Heavy Industries and local governments

An official from Gunsan City said, “As the sales of each vessel are regarding 100 billion won, the annual sales from block production at the Gunsan Shipyard are estimated to be 400 billion won.”

This is 40% compared to the boom period.

We also plan to start recruiting partners immediately.

Gunsan Shipyard has decided to first recruit 6 to 7 in-house subcontractors that can have a workforce of around 100 people.

Jeollabuk-do and Gunsan City have introduced various support measures as the ripple effect on the local economy will reach 200 billion won per year if the Gunsan Shipyard restarts from next year.

First of all, 60% of the logistics cost is subsidized for 3 years.

For the cost of shipping blocks produced at the Gunsan Shipyard to other areas, such as Ulsan, it has decided to support 6 billion won a year, 18 billion won for 3 years.

It will also bear the cost of cultivating skilled manpower necessary for block production of KRW 6.7 billion.

This year, KRW 3.95 billion will be provided to 660 trainees to receive education from related institutions, and KRW 2.75 billion will be provided to 460 trainees in 2023.

In addition, it has decided to provide support for employment subsidies of 13.2 billion won, subcontractors’ financial support of 8 billion won, workers’ lodging expenses, commuter bus operation expenses, and regular route bus operation.

In addition, they decided to provide various administrative and financial support, such as changing the use of the dormitory at the Gunsan Shipyard to a support facility area so that it can operate normally, and promising to simplify the immigration procedure and expand quotas for hiring foreign workers.

[군산조선소 재가동]  ③ Interested in the scale of investment by Hyundai Heavy Industries and local governments

An official from Jeollabuk-do said, “In the early days of restart, Hyundai Heavy Industries’ Gunsan Shipyard is limited to block production, but in the future, special purpose ships that operate offshore for public service and defense purposes, such as government ships and ships, can be built.” “From a long-term perspective, Gunsan Shipyard will We decided to provide various support to ensure smooth operation and continuity.”

“Hyundai Heavy Industries also has plans to manufacture LNG and LPG tanks in Gunsan in line with the recent increase in demand for eco-friendly ships,” he added. I will make progress,” he added.

/yunhap news

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