SK Ecoplant to Promote 'Yesan Jogok Green Complex' Development Project

Contributing to Regional Economic Revitalization and Competitiveness Enhancement through Job Creation and Production Induction Effects

SK Ecoplant announced on the 9th that it has signed a Memorandum of Understanding (MOU) with Yesan County, Chungcheongnam-do, for the 'Yesan Jogok Green Complex' development project. Lee Hyung-won, Head of Eco Business Division at SK Ecoplant (right), and Hwang Seon-bong, Yesan County Governor, are holding the MOU and posing for a commemorative photo.

[Asia Economy Reporter Onyu Lim] SK Ecoplant (formerly SK Construction) is strengthening its ESG (Environmental, Social, and Governance) management by promoting an eco-friendly industrial complex development project.

On the 9th, SK Ecoplant announced that it signed a Memorandum of Understanding (MOU) with Yesan County, Chungcheongnam-do, for the development of the "Yesan Jogok Green Complex" project.

Accordingly, SK Ecoplant plans to focus on revitalizing the local economy through job creation and production inducement as a Construction Investor (CI). Yesan County will participate directly in the Special Purpose Company (SPC) overseeing the project to provide administrative support to ensure the smooth progress of the industrial complex development.

The Yesan Jogok Green Complex will be developed over approximately 1.4 million square meters (about 430,000 pyeong) in Jogok-ri, Sinam-myeon, Yesan County, Chungnam, with a target completion year of 2025. It boasts excellent location conditions with accessibility to the metropolitan transportation network, including the Seoul Metropolitan Subway Line 1 Janghang Line, the soon-to-be-opened double-track Seohae Line, and the Seobu Inland Expressway.

In particular, the complex is planned as an eco-friendly site attracting advanced companies related to future core industries such as bio-healthcare and hydrogen electric vehicle parts. Upon completion, it is expected to create over 5,400 jobs and generate a production inducement effect of 3.6 trillion KRW, significantly contributing to local economic revitalization and competitiveness enhancement.

SK Ecoplant has been continuously promoting industrial complex development projects domestically. It developed the Chungju Megapolis Industrial Complex and Eumseong Seongbon General Industrial Complex as public-private joint development projects, making them the largest industrial complexes in the Chungcheong region. Based on extensive project experience, SK Ecoplant plans to accelerate the creation of eco-friendly industrial complexes aligned with the government's announced Green New Deal and resource circulation policies.

Lee Hyung-won, Head of the Eco Business Division at SK Ecoplant, said, "Through this MOU signing, we have agreed to actively promote the eco-friendly industrial complex development project together with Yesan County. As SK Ecoplant is accelerating its ESG management efforts, we will strive to create an eco-friendly complex that coexists with local residents."

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