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LIG Nex1 Breaks Ground for R&D Center in Daejeon
Source: Newsis (May 10, 2016)
** This article was translated from the Korean.
Date
2016.05.20
Views
663
(SEOUL=NEWSIS) LIG Nex1 held a groundbreaking ceremony for its research and development center at Daedeok Innopolis on May 10 to develop precision-guided munition and aerospace sectors.
The company will invest a total of KRW 120 billion in building the "Daejeon House" on 10,000 pyeong of land by 2017.
LIG Nex1 plans to solidify its precision-guided munition sector and expand its production capacity for large-scale export projects.
LIG Nex1 expects the Daejeon House to create new jobs, revive the regional economy and promote shared growth between the tenant companies of Daedeok Innopolis.
flash@newsis.com
Source: Newsis (May 10, 2016)
** This article was translated from the Korean.