# Industrial and technological development in Pohang > Live situation record from CLSTR: https://clstr.news/situations/industrial-and-technological-development-in-pohang > Updated: 2026-08-09T04:44:39.000Z. Sources: 2. Developments: 2. Pohang, South Korea, is implementing several initiatives to advance its manufacturing and industrial sectors through specialized technological hubs. In May 2026, the RIST Advanced Manufacturing Incubating Center was inaugurated. This center, a partnership between government bodies, RIST, and the POSCO Group, provides technical assistance, factory-type premises, and investment support to startups focused on sectors such as battery recycling and eco-friendly materials. It aims to help transition technologies from laboratory scales to mass production. Following this, in August 2026, Pohang was selected for the 'Steel Industry AI Convergence Demonstration Hub' project. Scheduled to run from 2026 to 2030, this 24 billion KRW initiative will establish a dedicated data center and GPU-based computing infrastructure at the Blue Valley National Industrial Complex. The project is designed to assist small and medium-sized steel enterprises in adopting artificial intelligence for production optimization, quality control, and predictive maintenance. ## Timeline ### 2026-08-09: Pohang to establish 24 billion KRW steel industry AI hub Pohang will establish a 24 billion KRW Steel Industry AI Convergence Demonstration Hub by 2030 to provide GPU infrastructure and AI solutions for optimizing production and safety in the steel sector. 2 sources. https://clstr.news/cluster/pohang-to-establish-24-billion-krw-steel-industry-ai-hub ### 2026-07-22: Pohang opens RIST Advanced Manufacturing Incubating Center Pohang inaugurated the RIST Advanced Manufacturing Incubating Center, a public‑private hub supporting start‑ups with facilities, technical aid, and POSCO investment to scale lab tech to production. 3 sources. https://clstr.news/cluster/pohang-opens-rist-advanced-manufacturing-incubating-center --- Cite as: Industrial and technological development in Pohang. CLSTR, https://clstr.news/situations/industrial-and-technological-development-in-pohang