GH to Utilize Operating Profit from Opportunity Power Plant for Corporate Investment Attraction

Opportunity Power Plant

The open shared office "Opportunity Power Plant," operated by Gyeonggi Housing and Urban Development Corporation (GH), achieved a 100% occupancy rate just four months after its opening in August last year.

Located in Pangyo Techno Valley 2 in Seongnam, Gyeonggi Province, Opportunity Power Plant is an open shared office jointly operated by GH and private businesses, housing 79 companies from various fields such as information technology (IT) and management consulting. It offers communication and exchange spaces like coworking areas, as well as services including one-day classes and job competency enhancement training for Pangyo workers.

In the first half of this year, GH plans to reinvest the operating profits from Opportunity Power Plant to implement the "GH Base Camp," which provides promising companies in Pangyo Techno Valley with opportunities to attract overseas investment.

GH Base Camp is a program that supports promising startup companies by covering airfare and accommodation expenses so they can pitch their business plans (IR) in Silicon Valley, USA.

Through GH Base Camp, GH aims to assist promising companies located in Pangyo Techno Valley in their global expansion. Detailed information will be provided next month through corporate meetings and the GH website.

Kim Se-yong, President of GH, stated, "It is encouraging that Opportunity Power Plant has become a field of opportunity filled with various startups hoping for entrepreneurship and growth," adding, "We will consider and implement GH’s role as a practical opportunity partner for startups through active reinvestment of operating profits in the future."

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