Jeongeup-si Signs MOU with 3 Companies Interested in Moving into Advanced Science Industrial Complex

[Asia Economy Honam Reporting Headquarters Reporter Kim Jaegil] Jeongeup City, Jeonbuk announced on the 29th that it has signed investment agreements (MOU) with three companies wishing to newly settle in the Advanced Science Industrial Complex.

At the signing ceremony, Mayor Yoo Jinseop, city officials, EcoBizNet Co., Ltd. CEO Jo Jeongseop, Hunter Co., Ltd. CEO Ahn Byeonghan, and Anjeong Development Co., Ltd. CEO Park Jingeun attended.

EcoBizNet Co., Ltd., a company located in Chuncheon, Gangwon-do, decided to invest 1 billion KRW on a total site area of 4,948㎡.

They plan to produce various microbial agents through technology development in collaboration with the Livestock Microbial Industry Promotion Support Center within the Advanced Research Complex.

Hunter Co., Ltd. is a company manufacturing health functional foods using black currants, a health food, and will invest 2 billion KRW on a 4,418㎡ site to establish its base in the Advanced Science Industrial Complex.

Also, Anjeong Development Co., Ltd. is a newly established company manufacturing new building materials such as the latest steel system floor frames, planning to invest 2 billion KRW on a 4,537㎡ site to build a new factory.

The three companies that promised investment this time plan to invest a total of 5 billion KRW aiming to start construction in the second half of this year, and are expected to contribute to revitalizing the local economy and creating jobs by newly employing about 50 people.

Ahn Byeonghan, CEO of Hunter Co., Ltd., said, “I am grateful to Jeongeup City for its active support for companies,” and added, “As much as we are welcomed, we will do our best to contribute to revitalizing the local economy and creating jobs based on this investment.”

Mayor Yoo Jinseop responded, “I thank the company representatives who decided on bold investments in the Jeongeup area despite the global economic crisis caused by COVID-19,” and said, “We will do our best to create a corporate investment environment, support companies, and resolve difficulties.”

Meanwhile, the Advanced Science Industrial Complex, developed over an area of 896,321㎡ in Sinjeong-dong, is designated as the Jeonbuk Research and Development Special Zone and the Local Small and Medium Business Special Support Zone, providing various benefits such as tax incentives and direct contracts for produced goods.

Currently, 14 companies are operating, 4 companies are under construction, and 2 companies have completed design and are scheduled to start construction next month.

Additionally, 6 companies have completed sales contracts, and 16 companies have completed investment agreements.

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