Incheon Mayor Sets Goal of 5% Average Economic Growth During Term

[Anchor]

Incheon Mayor Park Chan-dae has set a target of achieving an average economic growth rate of 5% during his four-year term under the 9th popular election. Mayor Park unveiled the "Incheon Future Industry" vision containing these details.

Reporter Yoon Young-hyeon has the details.

[Reporter]

Incheon Mayor Park Chan-dae stated that Incheon's economic growth rate ranked first nationwide at 6.8% in 2022, but has declined every year, recording -0.5% last year.

He then pledged to raise the average economic growth rate to 5% during the four years of the 9th popular election term, saying, "Repowering is an expression of our determination to inject vitality into Incheon's industries and transform it back into a growing city."

To achieve the 5% growth rate—surpassing Incheon's average economic growth rate of 3.9% during the previous 8th popular election term—Mayor Park emphasized that he will successfully attract the G20 Summit to be held in South Korea in 2028 to Incheon.

He also added that he will make 2028 a breakthrough year for Incheon, establishing basic plans for each industrial sector next year and pushing forward in earnest starting in 2028.

"We will additionally establish basic plans for logistics artificial intelligence transition, ports, future industries, and K-culture and contents, and synthesize them to complete Incheon's master plan," he explained.

[Park Chan-dae / Mayor of Incheon: High growth rates lead to jobs. Those opportunities are expected to go primarily to Incheon's youth.]

Mayor Park stated that, as part of making 2028 a turning point for Incheon's development, he will host global expos in the fields of biotechnology, logistics, and connected mobility, while also attracting world-class e-sports tournaments.

(Camera: Lim Dong-guk, Video Editing: Park Sun-su)
※ Please note: This article was translated by AI and may contain errors.