Gwangju Metropolitan City announced on the 23rd that it was finally selected for the 2020 'Senior Cosmetics Demonstration Center Construction Project' by the Ministry of Trade, Industry and Energy recently.

Cosmedicare refers to a high value-added new concept industry that combines high-functional cosmetics, beauty devices, and beauty services that combine dermatology. By 2023, the city will invest a total of 18 billion won, including 8 billion won from the state budget, 8 billion won from the municipal budget, and 2 billion won from the private sector, to establish a one-stop support system for the entire life cycle from discovering demand for cosmetics companies to technology development and commercialization, leading the export of the K-beauty industry. The plan is to build a foundation.

Chonnam National University Hospital is in charge of the project, and Gwangju Techno Park (Gwangju TP), Gwangju Aged-Friendly Industry Support Center, and Gwangju Cosmetic Industry Promotion Association participate to carry out work by field. Chonnam National University Hospital will establish an empirical basis for product clinical efficacy evaluation and a product development system linked to hospital clinicians, and support the evaluation of materials and products related to cosmedicare. Gwangju TP builds excellent cosmetic production facilities and equipment, and supports the integration of related companies and demonstration of product ideas. The Gwangju Aged-Friendly Industry Support Center uses a facility that demonstrates suitability for use by seniors, secures a digital-based database (DB), and analyzes and utilizes medical big data. The Gwangju Cosmetic Industry Promotion Association supports joint marketing by discovering overseas buyers to strengthen the global competitiveness of products and supporting participation in domestic and foreign exhibitions of the company's products.

By 2030, the city expects to grow into a leading export region with annual sales of 100 billion won, 800 employees, and 300 companies by nurturing senior cosmed care convergence companies. Gwangju City Artificial Intelligence Industry Director Sohn Kyung-jong said, “The cosmetic industry is a future high value-added industry that surpasses the existing cosmetics industry. .

Gwangju = Correspondent Kim Seon-deok sdkim@sedaily.com