DAEJEON < invest Korea

According to Newsis,

Daejeon-si signed MOU on company attraction with 4 companies including KER (Korea Electromagnetic Research) on August 10.

According to the MOU, 3 companies involved in Manufacture of Line Telecommunication Apparatuses, Manufacture of Broadcasting Apparatuses, and Manufacture of Electrics and Electronics will establish research and production facilities in Ansan Advanced National Defense Industrial Complex.

And a company involved in bio technology beauty will move into International Science Business Belt Hub (Doongok) and expand business to pharmaceutical products.

The city expects the relocation of factories and research centers of 4 companies with KRW 58 billion investment to generate 246 new jobs.

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Source: Newsis (August 10, 2021)