Guri-si Signs Business Agreement to Promote Relocation of Gyeonggi Housing and Urban Corporation

Expectations for Regional Economic Revitalization through Increased Tax Revenue and Job Creation

Guri City, 'Agreement on Promoting the Relocation of Gyeonggi Housing and Urban Corporation' [Provided by Guri City]

[Asia Economy Reporter Ra Young-cheol] Guri City, Gyeonggi Province announced on the 29th that it signed a business agreement for the "Relocation of Gyeonggi Housing and Urban Corporation (hereinafter 'GH Corporation')" with Gyeonggi Province and GH Corporation at the first conference room of the Gyeonggi Provincial Government.

The city plans to begin detailed discussions on establishing a concrete relocation plan and shortening the relocation period through a working-level consultative body among Gyeonggi Province, Guri City, and GH Corporation once GH Corporation forms a dedicated task force next month.

Mayor Ahn Seung-nam said, "Among the seven public institutions under the province, this business agreement to promptly attract GH Corporation, which has the greatest tax revenue increase and regional economic inducement effect, is expected to serve as a catalyst to boost Guri City's vitality by leading to increased tax revenue and the creation of quality jobs."

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