Hwaseong-si and US Pennsylvania Bio Center Sign MOU for 'Bio Cluster Development'

On the 30th, Hwaseong City in Gyeonggi Province announced that it signed a 'Business Agreement for the Creation of a Bioindustry Cluster' with the Pennsylvania Biotechnology Center in the United States at the central conference room of Hwaseong City Hall.

Jung Myung-geun, Mayor of Hwaseong (left), is presenting a commemorative gift to Robert J. Christmas, Chief Operating Officer of the Pennsylvania BioTechnology Center, USA, at the 'Business Agreement for the Establishment of a Bio Cluster' held on the 30th.
[Photo by Hwaseong City]

This agreement aims to attract American bio companies to Hwaseong City, and the city expects it to serve as a catalyst for attracting foreign investment in the bioindustry, one of the city's three major future strategic industries.

Under this agreement, the Pennsylvania Biotechnology Center will provide trends and information related to the local bioindustry and promote investment in Hwaseong City to local bio companies. Additionally, Hwaseong City and the Hwaseong Industry Promotion Agency will support American bio companies to successfully settle in Hwaseong.

The signing ceremony was attended by Jeong Myeong-geun, Mayor of Hwaseong, Robert J. Christmas, Chief Operating Officer of the Pennsylvania Biotechnology Center, and Kim Gwang-jae, Director of the Hwaseong Industry Promotion Agency, among others.

Mayor Jeong said, "This agreement will lay the foundation for attracting the bioindustry, a future strategic project of Hwaseong City," adding, "Along with semiconductors and future cars, we will do our best to help Hwaseong grow into a leading city in the bioindustry."

Meanwhile, Hwaseong City previously signed the 'Technopol Bio Cluster Construction Agreement' with local pharmaceutical and bio companies in July.

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