Daejeon City Attracts 81.5 Billion KRW Investment from Six Companies Including Defense Industry Firms

Six companies, including defense industry firms, will invest 81.5 billion KRW in Daejeon to relocate or expand their production facilities.

On the 4th, Daejeon City announced that it signed investment agreements at Daejeon City Hall with four defense companies and two small and medium-sized enterprises (SMEs) possessing excellent technological capabilities.

(From left) CEO Cho Hyun-il of Green Optical, CEO Lee Jae-ho of Neslab, CEO Kwon Jun-hong of GDL System, Mayor Lee Jang-woo of Daejeon, Chairman Jeong Tae-hee of Daejeon Chamber of Commerce and Industry, CEO Lee Jong-guk of Digitron, CEO Seo In-sik of Sensy, and CEO Oh Myung-jin of Uiseong Industry are posing for a commemorative photo after signing the agreement. Provided by Daejeon City

The companies that signed the agreements are ▲Green Optical Co., Ltd. ▲Neslab Co., Ltd. ▲Digitron Co., Ltd. ▲GDL System Co., Ltd. ▲Sensi Co., Ltd. ▲Uiseong Industry Co., Ltd.

According to the agreement, four defense companies including Green Optical will invest 34.9 billion KRW to relocate or establish new production facilities in the Ansan Advanced Defense Industrial Complex.

Green Optical is a company that manufactures various optical products used in defense, satellite, and industrial applications, while Neslab specializes in developing military training systems and wireless communication systems, having developed and supplied numerous defense wireless communication systems and scientific training systems.

Digitron, a metropolitan area company, is expanding its expertise from guided missile technology to electronic warfare and communication sectors. GDL System is a defense industry partner company dealing with tactical data links, electronic warfare management, wired and wireless communication, and defense information and communication infrastructure systems.

Sensi Co., Ltd. is a specialized company that develops alternative content for the visually impaired and the world's only AI-based visual impairment content. It is currently promoting the consolidation and relocation of its business sites scattered across Daejeon, Seoul, and Gyeonggi to the Shindong district. To this end, the company plans to invest 32.1 billion KRW in Daejeon.

Uiseong Industry Co., Ltd., which holds patented technology for breathable film production and has been steadily growing over the past three years due to increased demand in the eco-friendly packaging market, plans to invest 14.5 billion KRW to expand and relocate its production facilities to the Pyeongchon Industrial Complex in Seo-gu.

Lee Jang-woo, Mayor of Daejeon, stated, “We will spare no support to ensure that the technological capabilities and potential of companies become a driving force for the development of the Daejeon region.”

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