[Translation]
View of Daejeon City Hall/News1 ⓒ News1,
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, ‘(Daejeon=News1) Reporter Kyung-hoon Kim = Daejeon City announced on the 14th that it will recruit special zone operators who will carry out pilot projects for new technologies under the deregulation special zone for aerospace until the end of October.’,
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, ‘Qualifications for application include domestic companies, institutions, and universities with a business location in the area and the ability to relocate or establish branches/factories within the zone if Daejeon is designated as a special zone. The entities must be able to engage in new technologies and businesses through pilot project and temporary permits. Large companies are not restricted from participating, but financial and tax support is limited.’,
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, ‘The city was designated as a candidate special zone for aerospace deregulation in September, and if designated as a special zone next year, the operators will be granted specific regulatory exemptions for four years as applied, including financial support for commercialization activities such as product enhancement, patents/certifications, marketing for market development, and financial support for research and development related to deregulation in the aerospace industry.’,
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, ‘The application period is from October 14th to 31st, and applications can be submitted through the Daejeon Enterprise Information Portal. For detailed information and notices regarding the project, refer to the Daejeon City website.’,
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, ‘The candidate special zone for aerospace deregulation is a system that allows local governments to plan and support special zones with outstanding economic contributions and regulatory impact. The Ministry of SMEs and Startups will provide close support for the candidate zones, including project planning funds (1 billion won from national budget), consulting by technology/regulatory experts, and coordination with regulatory ministries for granting pilot project exemptions.’,
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, ‘The designation of the aerospace deregulation special zone will be determined through deliberations and resolutions by the Special Zone Review Committee and the Regulatory Free Zone Committee in the first half of next year.\n’]