Daejeon Mayor Cites Defense Materials Cluster Among 100-Day Gains

Mayor marks 100 days in office, unveiling results of his first signed initiative, the "100-Day Project" City to fast-track resident-facing projects including Ontong Daejeon 2.0 and Hanwha Life Ballpark

Society|
| Updated 2026.10.06. 14:03:56
|
By Park Hee-yoonhypark@sedaily.com
||
Daejeon Mayor Hur Tae-jung speaks at a press briefing. Photo courtesy of Daejeon City - Seoul Economic Daily Society News from South Korea
Daejeon Mayor Hur Tae-jung speaks at a press briefing. Photo courtesy of Daejeon City

At a press conference on his 100th day in office on the 6th, Hur said, "This has been a time for establishing the direction of the ninth elected administration," adding, "We produced visible results from the 100-day project, my first signed order, ranging from recovery of the people's livelihood economy and expansion of future growth industries to the declaration of a Special City for Youth."

Hur cited as key achievements the designation of a defense industry materials, parts and equipment specialized complex, the attraction of 253.2 billion won in investment from Alteogen, the confirmed establishment of the Armed Forces Military Academy in Daejeon, an increase in the total project cost for Daejeon Medical Center, and the inclusion of Chungnam National University in the "Creating 10 Seoul National Universities" initiative.

He stressed in particular that the designation of the defense materials, parts and equipment specialized complex will bring 40 billion won over the next five years for R&D, infrastructure and workforce training, along with 1 trillion won in private investment, establishing Daejeon as the center of South Korea's advanced defense industry.

He added that the city has also secured momentum for future industries and pending projects through the launch of an artificial intelligence innovation strategy committee, a memorandum of understanding with the Army on defense AI transformation (AX), and the reflection of 5.1043 trillion won in national funds in the government's 2027 budget proposal.

"We will actively push forward tasks that citizens can feel, including the launch of Ontong Daejeon 2.0, flexible operation of speed limits in school zones, the addition of 3,000 seats at Daejeon Hanwha Life Ballpark, the push to unify the living wage across the five districts, and the start of a full survey of facilities at high risk of major fires," Hur said. "In particular, through the launch of Ontong Daejeon 2.0, we added warmth to every alleyway during the month of September and breathed vitality into the local economy."

The city plans to strengthen the platform's functions so that Ontong Daejeon 2.0 does not stop at cashback but establishes itself as a platform for a virtuous cycle in the local economy.

"We will build a better future for Daejeon together with its citizens, based on the three promises of future growth, livelihood recovery and citizen sovereignty, so that this becomes a time when citizens feel that change in their daily lives," Hur said.

Original reporting by Park Hee-yoon for Seoul Economic Daily.

AI-translated from Korean. Quotes from foreign sources are based on Korean-language reports and may not reflect exact original wording.

Watch · Seoul Economic Daily

More →
4:39

AI KEY

Preview
Korean Corporate Intelligence HubKOSPI · KOSDAQ · 12 sectors

A live, cap-weighted view of every KOSPI and KOSDAQ sector, with same-day Korean reporting distilled by company — built for foreign investors, correspondents and analysts who need to scan Korea before the next session.

Korea Company Atlas

Preview
Market Ontology · The Feedback LoopKFTC 2025 · 92 groups · 121,954 articles

An English ontology of the Korean market — how companies, the media, the government and the National Assembly move each other in a loop. Korea's named controlling persons and designated business groups are a mechanism, not a risk to be priced blind.

SIGNAL

Now live
English Edition · Capital MarketsM&A · IPO · PE · Fund Flows

SIGNAL English Edition is live — Korea's deal desk reporting in English. M&A, IPOs, private equity and fund flows, covered daily for global institutional investors. Browse free; subscriber-only scoops at the 50% intro rate.