GWANGJU < invest Korea

According to Yonhap News,

On December 19th, Gwangju-si announced that it signed investment attraction memorandums of understanding (MOUs) with seven promising companies in the automobile, artificial intelligence (AI), and energy industries.

The signing ceremony was attended by Mayor Kang Gi-jung, Seon Seok-gi, Commissioner of the Gwangju Free Economic Zone Authority, and representatives of the seven companies: MPNICS, Hyogwang, Syscon Robotics, Data to Energy, Polme, Sispia, and HHS.

Under the agreements, the companies plan to invest a total of KRW 80.9 billion to establish or expand production and R&D facilities in Gwangju, creating 351 new jobs.

Gwangju-si will provide incentives such as tax reductions and subsidies, and will promptly address business difficulties to foster a business-friendly investment environment.

MPnix will invest approximately KRW 55 billion in the Advanced Industrial Complex to build a production facility for ultra-small optical lenses, while Hyogwang will establish a new production line for automotive sun visors at the Pyeongdong Industrial Complex.

Syscon Robotics, Polmi, and HHS will set up research facilities in the AI Convergence District, while Data to Energy and Syspia will establish manufacturing and research bases in the Smart Energy Industry District.

Over the past three years, Gwangju-si has signed agreements with 372 companies, achieving total investments of KRW 4.535 trillion and creating 32,269 jobs.

Commissioner Seon Seok-gi of the Gwangju Free Economic Zone Authority said, “We will provide full support so that investing companies can grow into leading firms driving future industries in Gwangju.”

cbebop@yna.co.kr

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Source: Yonhap News (December 19, 2025)