"Accelerating Preparation for Mass Production of Compact SUVs" GGM Bitgureun Industrial Complex Era Begins

Nationwide First Regional Win-Win Jobs, Key to Practicing Labor-Management Cooperation

[Asia Economy Honam Reporting Headquarters Reporter Lee Kwan-woo] The era of Bitgreen Industrial Complex for Gwangju Global Motors Co., Ltd. (GGM), the nation's first regional win-win job creation company, is about to begin.

GGM announced on the 13th that it will relocate its office from Chipyeong-dong, Seo-gu, Gwangju Metropolitan City, to the Bitgreen Industrial Complex in Misan-gu, where its main factory will be established, on the 14th.

GGM aims to enter mass automobile production by September next year after completing factory construction, selecting production personnel, conducting equipment commissioning, and trial production.

The GGM automobile production plant in Bitgreen Industrial Complex boasts an annual production capacity of 100,000 units on a site of approximately 183,000 pyeong (604,338㎡).

It plans to produce 1000cc class compact SUV models, starting first production in September next year, and aims to produce 70,000 units annually from 2022.

At the same time, with about 1,000 regular employees and indirect employment effects from partner parts companies, it is expected to greatly contribute not only to job creation but also to revitalizing the regional economy.

In particular, it is attracting attention as the nation's first socially integrated labor-management win-win model, with Gwangju Green Car Promotion Agency and Hyundai Motor Company participating as the first and second largest shareholders, and local companies such as Gwangju Bank, Booyoung Housing, Joongheung Construction, and Hoban Construction also participating as shareholders.

As an automobile production specialist company, GGM completed its corporate registration on September 20 last year as the first model of socially integrated jobs based on labor-management coexistence, appointing former Gwangju Mayor Park Kwang-tae as CEO.

CEO Park Kwang-tae said, “The past year since the company's establishment was the first phase of preparation, including constructing the factory and selecting personnel to lay the foundation of GGM,” adding, “In the second phase, the Bitgreen Industrial Complex era, we will complete factory construction and specialize personnel to ensure smooth automobile production.”

He continued, “Based on coexistence and safety as the utmost foundation, we will devote everything to making this a successful automobile factory and ensure that the new cars desired by the citizens of Gwangju are produced at GGM.”

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