Supply Plan of New Industrial Locations Responding to Structural Low growth and 4th Industrial Revolution
- Volume632
- Date2017-09-27
- Hit6,056
Supply Plan of New Industrial Locations Responding to Structural Low growth and 4th Industrial Revolution
Hoje Kang Research Fellow
Korea Research Institute for Human Settlements
Summary
□ Korea has been facing big transition under the structural and continuous low growth and 4th Industrial Revolution.
￭ Economic depression extended over a long period of time and new normal is globally widespread.
￭ Korea is under slow economy with the lack of effective demand and agingness, low manufacturing operation ratio, conflicts with China and it is expected to decrease planned location supply.
￭ The 4th Industrial Revolution is increasing new industrial demand which brings big cycle in relevant industries such as semiconductors.
□ Companies are located in metropolitan areas to improve their competitiveness and profits while industrial complexes are concentrated in local small towns in rural areas. (94% increase for 10 years)
□ The sales profits and business index of companies in metropolitan areas are higher than that of companies in industrial complex, which emphasizes improving planned location supply for business competitiveness.
｜Policy Implications｜ |
1) To clearly define the purpose of developing industrial location by regional development and business competitiveness and make a different service on increase transparency by establishing measures to check financial flow in housing market |
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