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North Chungcheong Province & Chungju City Sign Investment Agreement with W-SCOPE

According to Yonhap News,

(CHUNGJU=Yonhap News) North Chungcheong Province and Chungju City signed a KRW 322 billion investment agreement with W-SCOPE, a foreign-invested company, on February 22.

W-SCOPE will invest KRW 322 billion by 2022 in building a separation film production facility for rechargeable batteries on 165,000 ㎡ of land at the Chungju Megapolis. The new facility will create 650 new jobs.

North Chungcheong Province, which plans to establish a foreign investment zone (330,000㎡) in Chungju, will attract more than two foreign-invested companies in the first half of the year and develop the Chungju Megapolis into a global high-tech industrial complex.

Copyrights Yonhap News. All Rights Reserved.

Source Text

Source: Yonhap News (Feb. 22, 2016)

** This article was translated from the Korean.