Gochang-gun Recognized as 'Excellent Institution' in Jeonbuk Province's Corporate Investment Attraction Evaluation

Gochang-gun announced on the 16th that it was selected as an excellent institution in the ‘2024 Corporate Investment Attraction Evaluation’ hosted by Jeonbuk Special Self-Governing Province.

Jeonbuk Province annually evaluates 14 cities and counties based on five categories and nine indicators, including ▲investment attraction performance ▲efforts to attract investment ▲best practices, and selects outstanding institutions for investment attraction through verification by the ‘Jeonbuk Autonomous Province Investment Deliberation Committee.’

Samsung Electronics future site. Provided by Gochang-gun

The evaluation period this time was from July last year to June this year. During this period, the county successfully completed the ownership transfer of the Samsung Electronics Smart Hub Complex (tentatively named Smart Logistics Center) and the land sales contract for Yongpyeong Resort.

As a result, it not only created new jobs but also sent a positive signal to other companies considering investment in Gochang, leading to the Myeongsasimni investment agreement (with four mid-sized companies and an investment amount of approximately 300 billion KRW).

Previously, the county was also recognized as the ‘Best Institution’ in the ‘2023 Making Jeonbuk a Good Place for Business Evaluation,’ establishing itself as a city favorable for businesses.

Shim Deok-seop, the county governor, said, “Being the only county-level unit in the province to receive the excellence award is the result of actively striving to attract companies despite various difficulties. We will continue to do our best to create jobs through large-scale investment attraction and build a virtuous cycle where companies and local communities coexist.”

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