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Chungju city struck a total of KRW 28.8 bn worth of deal with OUTIN Futures and Zerotech
Chungju city, North Chungcheong Province struck a total of KRW 28.8 billion worth of investment deal with OUTIN Futures and Zerotech on Sep 11. With KRW 6 billion, OUTIN Futures, a development specialist which steps into the entire business cycle from product planning to designing, establishes a new manufacturing plant producing face masks on a 3,732 ㎡ vacant site within the city of Chungju.
The investment project is anticipated to hire 100 employees to work with. Zerotech, a filter maker, will finance as much as KRW 22.4 billion over the next four years, building a factory with gross area of 4,891㎡ in the 3rd industry complex located inside Mockhaeng-dong.
jcpark@yna.co.kr
** This article was translated from Korean.
Date
2020.09.16
Views
307
According to Yonhap News,
Chungju city, North Chungcheong Province struck a total of KRW 28.8 billion worth of investment deal with OUTIN Futures and Zerotech on Sep 11. With KRW 6 billion, OUTIN Futures, a development specialist which steps into the entire business cycle from product planning to designing, establishes a new manufacturing plant producing face masks on a 3,732 ㎡ vacant site within the city of Chungju.
The investment project is anticipated to hire 100 employees to work with. Zerotech, a filter maker, will finance as much as KRW 22.4 billion over the next four years, building a factory with gross area of 4,891㎡ in the 3rd industry complex located inside Mockhaeng-dong.
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jcpark@yna.co.kr
Source: Yonhap News (Sep 11, 2020)
** This article was translated from Korean.