President Park Hyung-gu of Korea Midland Power Co. (KOMIPO) and officials from KOMIPO’s cooperative SMEs pose for a group photo as President Park toured the firms to lend an ear of the voices of the field of their operation.

KOMIPO President Park Hyung-gu presents a certificate of excellent company to President Choi Kyung-chae of Hansung Dustking. (Photos: KOMIPO)

Korea Midland Power Co. (KOMIPO) has decide to set 2019 as a year to make a quantum jump in shared growth among large- and small-sized companies in accordance with the government’s policy of promoting mutually beneficial strategies with SMEs. KOMIPO will begin to put into practice intertwined field management targeting SMEs from Feb. 12, shortly following the Lunar New Year holiday.

KOMIPO President Park Hyung-gu and other ranking officials toured CW-Hydro, Samil PnU and Hansung Dustking to lend an ear to voices of the field of the cooperative SMEs, which belong to an association that promotes joint overseas market exploration with KOMIPO. A plaque of excellent was delivered by each of them.

KOMIPO plans to spare no efforts to help SMEs enhance their competitiveness and secure core technologies through the strengthening of their capabilities. Its support for SMEs will be included in a diversified technology roadmap, to be established in the future.

During a meeting with KOMIPO and three SMEs officials, “K-Janbogo Project,” a project KOMIPO implements for joint overseas market entry with SMEs was introduced. KOMIPO officials promised their counterparts to give more opportunities to publicize their products and hold export consultations with the goal of making them on the vendor register of multinational global players, including GE and Siemens.

Power generation equipment, developed through joint research, will be included in a list of promoting exports on a pilot project, and they will benefit from a project to provide support for a global test-bed, they said.

Overseas power plants, operated by KOMIPO purchased a combined more than $10 million products, produced by Korean SMEs, last year. The feat was owed to KOMIPO’s successfully implementing of overseas power generation projects, including the ones related to KOMIPO-opearted Jirebon and Tanjung Jati plants in Indonesia.

KOMIPO President Park said KOMIPO will redouble efforts to provide support for shared growth so that SMEs can rise to global hidden champions on bigger markets beyond the saturated domestic market.