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About the project

Project Outline

Project Outline

  • About the project
  • Project Outline

Project period

June 2016 - May 2021 (60 months)

Main agency

Daegu Mechatronics and Materials Institute logo

Support for the project

Ministry of Trade, Industry, and Energy logo City of Daegu logo

Project cost

KRW 63.54 billion

Central government: KRW 32.47 billion,
Local government: KRW 15.86 billion,
Private sector: KRW 15.21 billion

Project goal

Create a hub to foster the sophisticated tools industry and to secure the global competitiveness of the tools industry

Improve the productivity of domestic manufacturing industries through local technologies for sophisticated tools and other key technologies

Major project outline

Create a foundation to nurture the sophisticated tools industry

Develop technologies for manufacturing sophisticated cutting tools that are optimized for machining hard-to-cut, new material parts