Jinju was named as one of several 'enterprise cities' by the South Korean government. The government has supported Jinju as a hub of bio-industrial technological innovation from Dec. 1, 2000. The government provided 5 billion won from 2000 to 2004 in biological and chemical material industries in Jinju. There are 618 manufacturing companies (the number of employees: 11,806), 1 local industrial complex and 4 rural industrial complexes as part of an integrated urban and rural city. Jinju Hyeoksin Dosi (New innovation city) established by President Noh Moohyun (2003-2007) with headquarters of vast LH corp. (State-run Land & Housing corp Toji Jutaek gongsa) and Namdong thermal power corp. etc.