Gwangyang Economic Authority Engages in Investment Attraction at Daegu International Machinery Industry Expo

November 16-19, Daegu EXCO to Host 'Daegu International Machinery Industry Expo'

Development Status of Hadong District and Recruitment Guide for Tenants in Daesong Industrial Complex

[Asia Economy Honam Reporting Headquarters, Reporter Heo Seon-sik] The Hadong Office of the Gwangyang Bay Area Free Economic Zone Authority (Commissioner Song Sang-rak, hereinafter Gwangyang Economic Authority) announced that it will set up a booth and conduct investment attraction activities at the '2021 Daegu International Machinery Industry Expo' held at EXCO in Daegu from November 16 to 19.

This exhibition is the largest regional exhibition this year that brings together machinery, parts, and robotics industries in one place, with 200 companies and 600 booths.

The Hadong Office plans to introduce the development status and investment conditions of the Hadong district at this expo and focus on promoting the excellence of the location for manufacturing sectors such as machinery parts and metal processing to the companies participating in the expo.

This year, the Hadong Office achieved a milestone by diversifying the tenant industries of the Daesong Industrial Complex to reflect the demand from various industrial sectors and signed the first lease contract with a tenant company in July.

An official from the Economic Authority said, "To recruit tenant companies for the Daesong Industrial Complex, which is scheduled for completion by the end of next year, we plan to actively discover potential investment companies by participating in large-scale domestic industrial expos including this expo and focusing on providing information about exceptional incentive support systems such as location subsidies that have a significant ripple effect on attracting companies."

Asia Economy Honam Reporting Headquarters, Reporter Heo Seon-sik hss79@asiae.co.kr

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