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Four Companies to Invest KRW 36 Bn in Daejeon

According to Newsis News,

(DAEJEON=Newsis News) Deajeon Metropolitan Government has signed business agreements for KRW 36 billion new investment with four companies on December 19, 2016.

Companies entering into contracts are Han Nanotech, Doowon ID, PANAGENE and ITC.

Following the agreement, Han Nanotech, which produces eco-friendly synthetic resins, will relocate its office in Sinil-dong, Daedeok-gu to the Science Business Belt Dungok District, and build its plant and research institute.

A dental equipment producer Doowon ID will move its office in Yuseong-gu to Dungok District and expand its production lines.

A medical supplies manufacuturer PANAGENE plans to build additional production and research facilities at its headquarters located in Tamnip-dong, Yuseong-gu due to the expansion of its genetic testing reagents business.

ITC, medical and cosmetology devices supplier, plans to relocate and expand its headquarter office and factory to Dungok District to expand its business and hire skilled employees.

Copyrights Newsis News. All Rights Reserved.

Source Text

Source: Newsis News (Dec. 19, 2016)
** This article was translated from Korean.