Yeonggwang-gun - Gwangsan Industrial Development Co., Ltd. Signs Investment Agreement for Daemahwapyeong Agricultural and Industrial Complex

[Yeonggwang=Asia Economy Honam Reporting Headquarters Reporter Lee Jeonseong] Jeollanam-do Yeonggwang-gun (Governor Kim Junsung) announced on the 15th that it signed an investment agreement (MOU) with Gwangsan Industrial Development Co., Ltd. (CEO Park Jonggap), the developer of the Daema Hwapyeong Agricultural and Industrial Complex development project, which is being promoted through private development, on the 14th.

The Daema Hwapyeong Agricultural and Industrial Complex, planned to be developed in the Hwapyeong-ri area of Daema-myeon using a real demand method, will be developed by Gwangsan Industrial Development Co., Ltd. with an investment of about 5.1 billion KRW by 2022, creating a complex covering 47,202㎡ (about 14,278 pyeong).

Additionally, seven companies are expected to invest additional project costs to build new factories and move in. The industries to be housed include five sectors such as metal processing product manufacturing and other machinery and equipment manufacturing.

The county plans to establish the basic and detailed plans for the agricultural and industrial complex and proceed with administrative procedures to fully promote the project once the designation plan approval for the Daema Hwapyeong Agricultural and Industrial Complex, applied for to the Ministry of Land, Infrastructure and Transport on July 31, is completed.

Governor Kim Junsung said, “I requested CEO Park Jonggap to hire local talents and use local companies for eco-friendly agricultural and industrial complex development and revitalization of the local economy,” adding, “We will do our best to provide administrative support for successful investment.”

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