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According to Yonhap News,
(BUSAN=Yonhap News)
On July 4, A footware convergence hub center opened to support the footwear industry in Busan.
The center, located in Sasang-gu, is built in the total area of 20,493 square meters, with KRW 43 billion investment.
The center is consist of a 6-story building for rent and a 3-story building for support facilities.
Construction was complete in November last year, and footwear companies started moving in March this year.
To date, 18 companies moved in including 8 finished-product manufacturers, 4 component providers, and 6 distribution and design companies.
If 30 companies finish moving in, 300 persons will be working in the center.
A city official said, "The center provides one-stop service, contributing to the re-emergence of the footwear industry in Busan and creating jobs in the region."
pcs@yna.co.kr
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Source: Yonhap News (July 3, 2019)
** This article was translated from Korean.