Yangsan City Signs 10 Billion KRW Investment Agreement with GL E-Tech
New Factory in Gasan Industrial Complex to Create Jobs and Boost Eco-Friendly Industries

On the 10th, Yangsan City in Gyeongnam signed an investment agreement (MOU) worth 10 billion KRW with GL E-Tech, a company specializing in environmental facilities, at the Gyeongnam Provincial Government Office.

Investment Agreement Ceremony for Gyeongnam New Growth Engine Project. Provided by Yangsan City

Investment Agreement Ceremony for Gyeongnam New Growth Engine Project. Provided by Yangsan City

View original image

Through this agreement, GL E-Tech plans to establish a new factory in the Gasan General Industrial Complex to produce environmental pollution prevention facilities, thereby creating new jobs in the region.


This investment agreement is expected to greatly contribute to the promotion of eco-friendly industries and economic revitalization in Yangsan City. In particular, GL E-Tech possesses state-of-the-art air and water pollution prevention technologies, and through the new factory, plans to produce next-generation eco-friendly air pollution reduction facilities and water purification systems.


Mayor Na Dongyeon said, "I would like to thank the company for deciding to invest despite the difficult economic situation. This agreement will be an important turning point for Yangsan City to grow into a sustainable city through cooperation with a leading eco-friendly company," and added, "We will spare no effort in providing various support to ensure the company can operate stably."





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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing