Icheon City and GH Sign Business Agreement for 'Balanced Development and Regional Economic Revitalization'

Agreed to Cooperate on Industrial Complex Development and More

On the 29th, Icheon City in Gyeonggi Province signed a 'Mutual Cooperation Agreement for Balanced Development and Regional Economic Revitalization of Icheon City' at the headquarters of Gyeonggi Housing and Urban Corporation (GH).

Kim Se-yong (left), President of Gyeonggi Housing and Urban Corporation, and Kim Kyung-hee, Mayor of Icheon City, are holding up the business agreement for "Balanced Development and Regional Economic Revitalization of Icheon City."
[Photo by Icheon City]

At the signing ceremony attended by Kim Kyung-hee, Mayor of Icheon, and Kim Se-yong, President of GH, both organizations agreed to actively promote the creation of industrial complexes to achieve balanced development in areas of Icheon that require growth stimulation and to revitalize the regional economy.

According to the agreement, the city will be responsible for administrative and financial support necessary for discovering and promoting projects for regional development such as industrial complexes. GH plans to actively review ways to identify new project sites for regional development including industrial complexes.

Mayor Kim said, "We expect this agreement to greatly contribute to the economic development and job creation in Icheon City," adding, "We will actively promote the creation of industrial complexes to achieve balanced development and regional economic revitalization in Icheon City."

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