Lee Cheol-woo, Governor of Gyeongbuk, Begins 4th Anniversary with Investment Attraction in the Seoul Metropolitan Area

[Asia Economy Yeongnam Reporting Headquarters Reporter Jucheol In] Lee Cheol-woo, Governor of Gyeongbuk Province, rolled up his sleeves and continued his vigorous efforts on the 1st by visiting major corporations in the Seoul metropolitan area to attract investments for tourism development and new town construction.

He met with the CEO of domestic Company A, which participates in the development of tourist complexes and the construction of resorts and golf courses, and requested the development of tourist sites utilizing the natural resources of the East Coast and Baekdudaegan Mountain Range.

He then visited Company B, which supplies luxury apartments and detached residential houses, and proposed investment in specialized residential areas in the provincial government new town.

The province plans to continue contacting large domestic construction companies to create a specialized area of block-type detached houses such as European-style townhouses on the land of the new town's second phase.

Over the past three years, the province has attracted corporate investments worth 18 trillion won from companies including LG Chem, POSCO Chemical, Coupang, Bearing Art, and GS Construction.

In particular, in June, SK Bioscience decided to increase its investment (totaling 250 billion won), laying the foundation for Gyeongbuk to leap forward as a ‘global vaccine production hub city’.

Governor Lee Cheol-woo stated, "Although we have worked hard to create jobs through investment attraction and have achieved concrete results, many young people still leave for the Seoul metropolitan area due to lack of jobs," adding, "We will focus our capabilities on attracting global companies that will lead the 4th Industrial Revolution era and creating quality jobs."

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