Chey urges developers to ‘boost creative economy’

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Chey urges developers to ‘boost creative economy’

Days after his presidential pardon, SK Group Chairman Chey Tae-won chose the Daejeon Center for Creative Economy and Innovation as his first business hub to visit.

The center was established in October last year as part of the Park Geun-hye administration’s creative economy initiative, where large conglomerates are matched with regions to help boost sagging local economies.

Chey promised to support young entrepreneurs in establishing start-ups. On Tuesday’s visit, he met young venture entrepreneurs about to finish the center’s business incubation program, including Yi Kyong-soo, CEO of TEGway, which developed a flexible device that turns heat into electricity.

Earlier this year, the company won the United Nations Educational, Scientific and Cultural Organization’s grand prix for emerging technologies that would change the world.

“Please provide more methods that can boost the creative economy initiative so it can produce more specific outcomes,” Chey said during his visit.

After he heard that Nano Lambda Korea, another venture incubated by the center, signed a MOU to provide technology that measures the sugar of grapes with the government of Chile, Chey promised to support to improve the venture’s competitiveness in the global market.

Chey then headed to the creative economy center in Sejong City and was briefed about the progress of the “Creative Village” project. It was launched to develop a farming village that utilizes advanced telecommunication and energy technologies, supported by the center and SK Group, to improve the village’s overall market competitiveness in farming.

“What I ultimately seek is to let the nation’s farming industry have more advanced tools,” Chey said. The chairman also urged the group’s executives to find more methods to create jobs in cooperation with the Daejeon and Sejong centers.

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