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Japanese Mold Companies and Research Institutes to Invest in Gwangju
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According to Yonhap News,


Three mold companies and two research institutes in Japan have agreed to invest a total of USD 22.5 million in Gwangju.


According to Gwangju City on February 22nd, the investment promotion team led by Mayor Gang Un-tae signed an MOU with three Japanese mold companies. Each of the companies will invest USD 5 million in Gwangju under the MOU.


Also, the investment promotion team signed an MOU with two Japanese research institutes, attracting investment worth USD 6 million.


Source Text


Source: Yonhap News (Feb. 22, 2011)


**This is an English translation of a Korean news article.