Pocheon-si, "Reports on Gongja Village and Chinatown Are Inaccurate"
"Attendance at the Korea-China Private Economic Cooperation Forum Event is a Gesture of Welcome by the Chinese Ambassador to Korea"
[Asia Economy Reporter La Young-cheol] Pocheon City in Gyeonggi Province has clarified that the media reports regarding 'Gongja Village' and 'Chinatown' are "inaccurate."
On the 28th, Pocheon City stated, "The Smart Farm Village project is a private sector initiative carried out through an independent agreement among the Korea-China Private Economic Cooperation Forum, CJ OliveNetworks, Shinhan Bank, and others."
They added, "The city has not promoted any related matters and has no plans to do so in the future," and emphasized, "The city's attendance at events such as those held by the Korea-China Private Economic Cooperation Forum was solely to welcome the Chinese Ambassador to Korea, and the city is not involved in this development project."
Earlier, on the 3rd, the Korea-China Private Economic Cooperation Forum and Megatime Holdings-Megafarm Village held a Korea-China Smart Farm Village briefing and business agreement ceremony at Pocheon Hanwha Resort. CJ OliveNetworks, Doosan Fuel Cell, Shinhan Bank, and others, who are jointly participating in the project, signed a Memorandum of Understanding (MOU) for providing new technologies and financial support.
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It was reported that the city, sensing concerns at the time, did not approve the signing ceremony at the city hall.
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