Suncheon City Exchanges Agreement with Geobung Group for Attracting Medical Institutions to Shindae District

300 Billion Scale, 700 Beds, Over 1,000 Jobs Created

[Asia Economy Honam Reporting Headquarters Reporter Lee Hyung-kwon] Suncheon City announced on the 22nd that it exchanged a memorandum of understanding with Geobung Group (Chairman Baek Yong-gi) for practical discussions ahead of attracting a general hospital-level medical institution to the medical site in the Shindae District of Haeryong-myeon.

The exchange of the memorandum on this day is significant in that Geobung Group will begin full-scale practical reviews to establish a 700-bed medical institution planned to be promoted with Suncheon City in the Shindae District of Suncheon. Suncheon City and Geobung Group plan to sign the main agreement after a practical review period of within one year.

In the eastern region of Jeollanam-do, Haeryong and Yulchon Industrial Complexes, Gwangyang Steelworks, and Yeosu Petrochemical Complex are located, so the need for large medical institutions has been steadily raised. Especially, with the importance of healthcare and digital medical sectors further emphasized due to COVID-19, the significance is even greater.

Baek Yong-gi, Chairman of Geobung Group, said, "I feel great fulfillment in presenting an alternative to overcome difficult times together in my hometown Suncheon," and added, "I will cooperate more with Suncheon City to create the best medical institution in the eastern region."

Heo Seok, Mayor of Suncheon City, said, "Creating an opportunity to attract a large medical institution to the Shindae District is a great gift to the residents of the eastern region of Jeollanam-do," and added, "We will support in every possible way until the medical institution successfully opens."

Meanwhile, Baek Yong-gi, Chairman of Geobung Group, donated 10,000 hand sanitizers and cleansing agents worth 100 million KRW to Suncheon City to help overcome COVID-19.

This content was produced with the assistance of AI translation services.