"Foundation for Global Companies" Grand Prize, Opening of Research Facility 'Innopark' in Magok

Research Specialized Base 'Daesang InnoPark'... Expanded and Relocated from Icheon to Magok
Establishing a Foundation for Global Companies through Innovation in Research Environment and Securing Top Talent

[Asia Economy Reporter Eunmo Koo] Daesang announced on the 1st that it has expanded and relocated its research facility, ‘Daesang InnoPark,’ from Icheon, Gyeonggi Province to Magok-dong, Gangseo-gu, Seoul. The InnoPark completion ceremony held that morning was attended by Choi Seong-su, CEO of Daesang Holdings, Lim Jeong-bae, CEO of Daesang, and Park Yong-joo, Head of Daesang Food Business.

Daesang is determined to use Daesang InnoPark as a specialized research base to leap forward as a global food and materials company. It also plans to actively conduct trend analysis and joint research in the food and materials industry through exchanges among companies in the same industry within the industrial complex.

InnoPark was completed in June after about two years of construction. With a budget of approximately 120 billion KRW, it was built with a total floor area of about 35,000㎡, consisting of 8 floors above ground and 2 basement levels. Each floor is equipped with research facilities, office support facilities, auxiliary facilities, and public facilities.

InnoPark is expected to serve as a key base for Daesang to lead as a global research and development (R&D) leader in the food and materials sectors by fostering high-level research personnel and securing advanced core technologies.

The research facilities are composed of the food sector ▲Food Research Institute ▲Kimchi Technology Research Institute ▲Global Research Lab ▲Food Safety Center; the materials sector ▲Starch and Sugar Research Institute ▲BIO Research Institute; and the health sector ▲Health Research Institute.

Daesang InnoPark is also fully equipped with various welfare facilities for employees, such as an in-house caf?, gym, and moms’ room. Daesang plans to create a comfortable working environment for employees by expanding not only research facilities for focused work but also welfare facilities at Daesang InnoPark.

CEO Lim Jeong-bae said, "We will secure specialized research personnel centered on InnoPark and continuously expand investment in research and development to consistently present research achievements leading the domestic and international food and materials industries. By 2030, we will operate a global research center linked with overseas affiliates and grow into a global company leading the globalization of Korean cuisine and the future food and materials industry."

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