Coupang to Build Large-Scale Advanced Logistics Center in Eumseong-gun, Chungbuk

Investment of 100 Billion KRW for 30,000 Pyeong Scale... Scheduled for Completion in August 2021

On the 24th, Park Dae-jun, CEO of Coupang's New Business Division, is delivering a greeting at the 'Coupang Geumwang Advanced Logistics Center Groundbreaking Ceremony.'

[Asia Economy Reporter Kim Cheol-hyun] Coupang is establishing a large-scale advanced logistics center in the local industrial complex of Eumseong-gun, Chungcheongbuk-do, accelerating the expansion of logistics infrastructure for nationwide Rocket Delivery coverage.

On the 24th, Coupang held a groundbreaking ceremony at the Geumwang Techno Valley Industrial Complex in Eumseong-gun, Chungbuk, attended by key figures including Lee Si-jong, Governor of Chungcheongbuk-do, Jo Byeong-ok, Mayor of Eumseong-gun, Lim Ho-seon, Member of the National Assembly, and Park Dae-jun, Head of Coupang's New Business Division. The newly established 'Coupang Geumwang Logistics Center' will cover an area equivalent to 14 soccer fields (approximately 30,000 pyeong) and is scheduled for completion in August 2021. The total investment cost is expected to reach about 100 billion KRW.

The Coupang Geumwang Logistics Center will be responsible for the entire Chungcheong region as part of Coupang's nationwide logistics system for Rocket Delivery, playing a key role in Coupang's logistics network. Once completed, the Rocket Delivery speed in the Chungcheong area will be faster than ever. Coupang plans to introduce an advanced logistics center that reduces worker burden and increases efficiency by utilizing its self-developed logistics software, an AI-based product management system, an optimized worker movement system, and eco-friendly logistics equipment.

In particular, the Coupang Geumwang Logistics Center is expected to contribute to the revitalization of the local economy, which has been weakened by the COVID-19 pandemic. More than 500 new jobs will be created through prioritizing local residents for employment, and it is anticipated to provide greater business opportunities to mini-enterprises (companies with annual sales under 3 billion KRW) in the Chungcheong region.

Meanwhile, on the same day, Coupang held a 'Sharing with People' donation ceremony to support vulnerable groups in the region struggling due to COVID-19. At the ceremony, Coupang donated rice worth 10 million KRW to Eumseong-gun. The donated rice will be distributed to marginalized groups in need, such as elderly living alone and children suffering from food insecurity within the county.

Park Dae-jun, Head of Coupang's New Business Division, said, "We will strive to become a model for mutual growth with the local community through revitalizing the local economy and creating jobs. Going forward, Coupang will continue to invest in creating even more amazing customer experiences by leveraging our nationwide logistics network, making these experiences a natural part of everyday life for our customers."

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