Dongjak-gu Fires Starting Signal to Attract 'Future Unicorn Companies'

Dongjak-gu, Lilkez R&D, and G-Brain Sign 'Dongjak-gu Business Attraction and Win-Win Development MOU' ? Creating Future Value through Public-Private Cooperation

Dongjak-gu (Mayor Park Il-ha) has established a partnership to attract 'future unicorn companies' in new industry sectors to create new growth engines for the future.

On the 3rd, the district announced that it signed a 'Business Agreement (MOU) for Dongjak-gu Enterprise Attraction and Mutual Development' with promising future industry companies Lilks R&D and Jibrain.

The signing ceremony was attended by Dongjak-gu Mayor Park Il-ha and representatives from each company, who agreed to cooperate to revitalize the local economy by securing new growth engines through attracting companies with new technologies and creating jobs.

Lilks R&D has implemented eco-friendly renewable energy technology based on green hydrogen combined heat and power generation technology.

Jibrain, a venture company in the bio-medical field, is developing graphene-based electronic medicine for brain disease treatment.

Both companies participated in 'CES 2024,' the world's largest consumer electronics IT exhibition held in Las Vegas, USA, in January this year, enhancing South Korea's prestige.

Going forward, the district will actively cooperate in ▲building infrastructure such as industry-academia-research collaboration for company relocation and activities ▲supporting technology commercialization, while companies will ▲open offices in the region ▲operate public-private cooperation projects ▲and promote social contributions within the community.

In particular, since the 8th local government term, the district plans to transform the Noryangjin area into a high-tech industrial complex centered on future industries such as AI and robotics, turning it into a core new growth hub representing South Korea.

To this end, the district is promoting the attraction of leading domestic and international companies in the 4th industrial revolution sector, and expects this business agreement to be a positive signal for creating a unicorn mecca centered on new industries.

Mayor Park Il-ha said, “Starting with this MOU signing, we plan to attract companies with new technologies that have high growth potential to our district to establish sustainable growth engines for the future,” adding, “Furthermore, we will devise multifaceted development plans so that the public and private sectors can create synergistic effects within the region through new future value creation.”

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