Press Release

Changwon City Starts Full-scale Fostering of the ‘UAM (Urban Air Traffic) Industry’ 

Promotion of establishment of ‘Changwon UAM Industry Promotion Council’ composed of industry-university-research-government.

[Electric Newspaper Reporter Yoon Jae-hyun] On May 27, Changwon City (Mayor Seong-moo Heo) announced the 'Changwon UAM Industry Promotion Council' to foster the Urban Air Mobility (UAM) industry as a new growth engine of the local industry at the conference room on the 2nd floor of the 2nd annex of City Hall. ' He announced that a working-level meeting was held for the organization.

This working-level meeting was prepared to establish the "Changwon UAM Industry Promotion Council (hereinafter referred to as the Council)" composed of industry-academy-research-industry-government to seek rational decision-making and policy measures to foster the urban air traffic (UAM) industry. Changwon University, Kyungnam University, Korea Electric Research Institute, Korea Institute of Materials Science and Technology, Korea Electronics Technology Institute, Korea Automobile Research Institute, Gyeongnam Technopark, Changwon Industry Promotion Agency, Hansung S&I, Youngpoong Electronics, Beomhan Industrial Co., Ltd., Central Co., Ltd., Yulgok Co., Ltd. Neo Health Technology Co., Ltd. attended.

Urban Air Traffic (UAM) is a business that encompasses all businesses related to urban air transportation such as development, manufacturing, sales, infrastructure construction, service, and maintenance of a personal air vehicle (PAV) capable of vertical take-off and landing (VTOL). Concept. Expectations are high as an alternative to reducing severe road congestion in the city center, and the government announced the Korean-style urban air traffic (K-UAM) roadmap in June last year and is accelerating the introduction of UAM, a new concept transportation system.

Changwon City has the largest number of companies engaged in the aviation manufacturing industry in Korea and has a large sales volume, but most of them are small and medium-sized enterprises (SMEs). There is an urgent need to secure competitiveness through

In this crisis situation, Changwon City believes that fostering the UAM industry will create new business opportunities not only for the aviation industry, but also for SMEs in various industries such as the rear industry and related industries. We plan to actively support the creation of an industrial ecosystem that can

Industry, academia, and research experts and related companies gathered at the working-level meeting agreed on the need for a consultative body to secure technologies and implementation plans necessary to foster the UAM industry, and exchanged various opinions on the composition and operation of the council. In-depth discussions were held on ways to support cooperation and supply chain establishment between system development companies and local companies.

The city plans to formally launch a consultative body through additional working-level meetings in the future, and through regular operation, the Changwon area will become a mecca of the urban air traffic (UAM) parts industry, a future urban transportation means.

Hyo-jong Ryu, director of the Smart Innovation Industry Bureau, said, “The global UAM market is expected to grow from $7 billion last year to $1.474 trillion by 2040. In the midst of this, 'flying cars' no longer exist only in imagination, but are coming to reality soon. We will spare no effort to support you so that you can lead the market,” he said.

 2021-05-27  Gyeongnam Provincial Newspaper