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Coupang & Gwangju Sign MOU to Build Logistics Center

(SEOUL=NEWSIS) Coupang announced September 3 that it will sign an agreement with Gwangju City on September 4 to build a 53,531㎡ logistics center at the Jingok Industrial Complex.

Coupang aims to complete the construction of the center by 2017. It will hire 1,000 new workers for the center, which will become the logistics base of the Honam region.

Coupang has signed an investment agreement with Gimcheon City last August to build a KRW 100 billion logistics center.

Coupang expects the logistics center at the Gimcheon 1st General Industrial Complex will create 2,000 new jobs.

Source Text

Source: Newsis (Sept. 03, 2015)

** This article was translated from the Korean.