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HDXWILL & Hironic Invest KRW 65.4 Bn. in Osong Biopolis
Date
2016.04.25
Views
556

According to Yonhap News,

(CHEONGJU=Yonhap News) North Chungcheong Province, the Chungbuk Free Economic Zone Authority and Cheongju City signed KRW 65.4 billion investment agreements with HDXWILL Co., Ltd. and Hironic Co., Ltd. on April 21 to build plants at the Osong Biopolis in Cheongju City.

HDXWILL Co., Ltd., a dental CT manufacturer headquartered in Seoul, will invest KRW 52 billion in building a 66,115㎡ plant at the Biopolis by 2020.

Hironic Co., Ltd., a medical and beauty product manufacturer, will invest KRW 13.4 billion in establishing a 9,900㎡ plant at the Biopolis by 2019.

"The companies decided to invest in the Biopolis as Osong is emerging as the hub of health industry in Korea," said a provincial official.

ks@yna.co.kr

Copyrights Yonhap News. All Rights Reserved.

Source Text

Source: Yonhap News (Apr. 21, 2016)
** This article was translated from the Korean.