Shortcut to Body Shortcut to main menu

News & Event

  • Home
  • News
  • News & Event
Investments N.Chungcheong Prov. attracted this year reached nearly KRW 10trn

According to Yonhap News,

Seogwang D&R signed an MOU with Cheongju city and the provincial government on Dec 21, unveiling its investment plan to establish a logistics center on a 49,000 ㎡ site near Chengju city until the year 2022. With KRW 245 billion investments, they’re planning to develop the site into a complex logistics hub, forming networks that reach out to nearby cities-Cheongju, Daejeon and Sejong city.

Adding the investment, total investment value that North Chungcheong Province attracted this year alone now amounts to KRW 10.07 trillion, outstripping what they targeted early this year.

The investment amount has exceeded 10 trillion won for the second consecutive year, following 10.9 trillion won last year. The achievement is assessed to come from the authority’s commitment to investment promotion even in these tough times of the coronavirus pandemic. Facing bans on in-person engagement such as offline investment pitch event to avoid any possible COVID-19 infections, they’ve soon switched the formation from offline into online, using YouTube channels and other digital tools.
The authority said they opened a new frontier in attracting investment in the world of post COVID-19.

Source Text

Copyrights Yonhap News. All Rights Reserved.
Reprint or redistribution without permission is prohibited.

Source: Yonhap News (Dec 21, 2020)

** This article was translated from Korean.