Gimhae City Partners with 5 Companies ... Secures 2,679 Jobs

On the 31st, Gimhae City in Gyeongnam signed corporate investment agreements worth 613.7 billion KRW with five companies.

The city announced that through this agreement, 2,679 new jobs will be secured.

According to the city, the corporate agreement ceremony held for the first time this year was attended by Kari CEO Kim Ki-young, Shinseong Heavy Industries CEO Park Jae-hong, Yujucare CEO Ahn Myung-hwan, Innobiz Logistics CEO Hwang Seong-taek, and Jayeongwa Doshi CEO Park Man-il.

The representatives unanimously stated, "We will faithfully fulfill the terms of the agreement and strive to contribute to the Gimhae regional economy."

Hong Tae-yong, Mayor of Gimhae, Gyeongnam (center), is taking a commemorative photo after signing an investment agreement with five companies to revitalize the local economy.
[Photo by Gimhae City Hall]

Kari and Shinseong Heavy Industries, which mainly produce electrical, electronic, and automobile parts as well as hoists and machinery parts, plan to establish and relocate factories to Daedong Advanced General Industrial Complex.

Yujucare, a specialized medical device manufacturing company, is preparing new investments in the Easy General Industrial Complex.

Innobiz Logistics and Jayeongwa Doshi are preparing large-scale investments to build logistics centers utilizing Gimhae's geographical advantages adjacent to Busan New Port and Gadeok New Airport, as well as excellent transportation infrastructure including a well-connected road network.

Mayor Hong Tae-yong said, "Despite the recent difficult economic situation, I sincerely thank the companies that decided to invest in our city," and added, "We will do our best to expand communication channels with companies and prepare support measures that can grow together with our city."

He continued, "Attracting corporate investment for revitalizing the local economy must be consistently pursued as one of the key policies," and said, "We will strive to activate corporate investment by expanding incentives for investing companies and promptly promoting industrial complex development plans to resolve insufficient sites."

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