Expansion of 1,824㎡ Factory within Jangam Agricultural and Industrial Complex

Haman County, Gyeongnam Province, signed an investment agreement worth 6.4 billion KRW with DCT Korea on the 6th. (From the third person on the left: CEO Kim Kyung-won, County Governor Cho Geun-je)

Haman County, Gyeongnam Province, signed an investment agreement worth 6.4 billion KRW with DCT Korea on the 6th. (From the third person on the left: CEO Kim Kyung-won, County Governor Cho Geun-je)

View original image

[Asia Economy Yeongnam Reporting Headquarters Reporter Lee Seryeong] Haman-gun, Gyeongnam, signed an investment agreement (MOU) with DCT Korea on the 6th for relocation to Jangom Industrial Complex.


The signing ceremony was attended by County Governor Jo Geun-je, DCT Korea CEO Kim Kyung-won, and other officials. DCT Korea promised to invest 6.4 billion KRW to expand a 1,824㎡ factory on a 5,478㎡ site within Jangam Industrial Complex.


DCT Korea was established in June 2013 and is headquartered in Wanju-gun, Jeonbuk. The company produces raw materials for automobile wheels such as aluminum ingots and jumbo bars.


Recently, due to restrictions on raw material exports and imports caused by COVID-19, the company decided to invest to directly carry out manufacturing processes such as aluminum smelting and refining.


CEO Kim said, “We will become a good company that actively realizes ESG values of environment, society, and governance, not just pursuing corporate profits.”



Governor Jo said, “I hope the company develops into an excellent local enterprise, nurtures talent, and becomes a great driving force for revitalizing the local economy.”


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing