Gyeonggi Free Economic Zone Authority Attracts 80 Billion KRW Investment from DH

DH, an automotive parts manufacturer, will invest 80 billion KRW in the Poseung BIX District in Pyeongtaek.

The Gyeonggi Free Economic Zone Authority announced on the 24th that it had signed an investment agreement with DH and the city of Pyeongtaek at the Pyeongtaek Port Marine Center.

DH will invest 80 billion KRW to build an eco-friendly automotive parts production facility on a 37,357-square-meter site within the Poseung BIX District in Pyeongtaek. Construction is scheduled to begin in the first half of next year, with completion targeted for the second half of 2027.

The Gyeonggi Provincial Free Economic Zone Authority signed an agreement on the 24th for an 80 billion won factory construction investment plan with DH at the Pyeongtaek Marine Port Center. Provided by the Gyeonggi Provincial Free Economic Zone Authority

Under the agreement signed on this day, the Gyeonggi Free Economic Zone Authority will provide various administrative support necessary for the company's investment, actively listen to any difficulties, and work to resolve them. DH has pledged to contribute to revitalizing the local economy through the early construction of the production facility, to operate and manage the facility in an eco-friendly manner, and to make efforts to employ local residents.

Located in Poseung-eup, Pyeongtaek, DH has been manufacturing automotive body parts since its establishment in 1995, possessing technologies for high-strength lightweight body structures and eco-friendly automotive parts. Its main clients include Kia Motors and Hyundai Motor Company.

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