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Construction of Boeun Industrial Complex Starts

Chungbuk Development Corporation and North Chungcheong Province held a groundbreaking ceremony of Boeun Industrial Complex Monday.

Total KRW 221.3 billion will be invested to the Boeun Industrial Complex which is scheduled to be completed in 2017.

The first phase of development of the complex will be completed in 2015.

When the industrial complex is established, North Chungcheong Province plans to attract various manufacturing companies such as chemicals, electronic parts and precision instrument makers.

Sales price of the complex is forecasted at KRW 300 thousand per 3.3m2.

Source Text

Source: Newsis (May 27, 2013)

** This article was translated from the Korean.