GWANGJU < invest Korea

According to Yonhap News,

Gwangju City said 10 automotive and molding companies have decided to invest 72.7 billion won in the city.

The ten companies including Hyundai Mobis and G-Alchemy signed an investment agreement worth 72.7 billion won at the Gwangju City Hall.

Gwangju expects the investment would create 467 jobs.

"We will provide all possible administrative supports to allow companies to utilize our R&D infrastructures and talents," said a Gwangju City official.

Source Text

Source: Yonhap News (Mar. 8, 2012)

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