Construction of Jincheon Logistics Complex in Jincheon, Chungbuk

[Asia Economy (Chungbuk) Reporter Jeong Il-woong] A large-scale logistics complex will be constructed in the Sancheok-ri area of Jincheon-eup, Jincheon-gun, Chungbuk.

On the 20th, Chungbuk Province announced that it signed an investment agreement worth 250 billion KRW with Jincheon-gun and Jincheon Logistics Co., Ltd. for the construction of the logistics complex.

Jincheon Logistics is a company that has accumulated logistics expertise and new technologies in the metropolitan area, and plans to build a new logistics complex in Jincheon to expand the logistics movement range from the central region to all parts of the country.

The logistics complex is scheduled to begin construction in the second half of this year and aims to be completed in 2023. The construction company is Durim General Construction Co., Ltd., a construction firm in the Chungbuk region, and materials and construction supplies will also be procured locally.

It is considered an unusual case that a metropolitan area company selected a local company as the developer while investing in a non-metropolitan area. In particular, by procuring various materials locally, the province expects to support local small and medium-sized construction and equipment companies that have difficulties in securing construction orders.

The construction of the new logistics complex is also expected to create employment for a total of about 750 people.

Lee Si-jong, Governor of Chungbuk Province, said, “Currently, as the logistics and delivery service industry is playing an increasingly important role in the domestic economy due to COVID-19,” and added, “The province will spare no support to ensure that Jincheon Logistics has no inconvenience in constructing and operating the logistics complex.”

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