Pohang City Signs MOU for 67.4 Billion KRW Investment by 4 Industrial Complex Tenants ... 166 Jobs Created
[Asia Economy Yeongnam Reporting Headquarters Reporter Park Dong-wook] On the 4th, Pohang City signed a Memorandum of Understanding (MOU) with four companies that are promoting factory construction investments in major local industrial complexes at the city hall's main conference room.
The companies that signed the MOU on this day will each be located in Yeongilman 4th General Industrial Complex, Pohang Blue Valley National Industrial Complex, and Pohang Convergence Technology Industrial District. They plan to invest a total of 67.4 billion KRW on a site of 153,419㎡ by 2025.
The main investment industries are secondary batteries, metal manufacturing, and IT sectors. This is the result of Pohang City's efforts to create a business-friendly industrial ecosystem by fostering new growth industries in response to the 4th Industrial Revolution.
Mayor Lee Kang-deok emphasized, "Pohang City's investment attraction strategy is to develop related industries by attracting companies based on a new growth industry ecosystem and create new sources of income for the region," adding, "We will strive for Pohang's economic development and job creation through active investment attraction."
Mirae Ceratech Co., Ltd., which will be located in Yeongilman 4th General Industrial Complex, currently operates a factory in Cheongha Agricultural and Industrial Complex but plans to purchase a 66,115㎡ site in Yeongilman 4th General Industrial Complex to build a factory for increased investment.
Mirae Ceratech, investing 40 billion KRW, is a company that produces refractory containers used in the manufacture of secondary battery cathode materials and plans to supply not only EcoPro but also Samsung SDI and LG Chem.
Also, BSE&C Co., Ltd., which will be located in the rental-only complex within Pohang Blue Valley National Industrial Complex, currently operates a factory in Okcheon County, Chungbuk, and is a company that manufactures and constructs customized buildings by receiving H-beam steel materials from Hyundai Steel.
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Seonghwa ENC Co., Ltd. and Sinan Enterprise Co., Ltd., which will be located in Pohang Convergence Technology Industrial District, started as venture companies in Pohang and have grown based on the region's excellent R&D infrastructure. They plan to build factories for reinvestment in Pohang without relocating to other regions during the factory construction phase for business expansion.
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