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Hoengseong County Signs Investment Agreement for Wucheon General Industrial Complex

According to Yonhap News,

(HOENGSEONG=Yonhap News) Hoengseong County, Korea Rural Community Corporation Gangwon Branch and NS Food Co., Ltd. signed an investment agreement on December 15 to relocate NS Food Co., Ltd. to the Wucheon general industrial complex.

The Wucheon general industrial complex, which began construction in 2007 with KRW 77 billion of investment, will be completed by the end of 2015 on 486,000 ㎡ of land.

NS Food Co., Ltd. will invest KRW 3.5 billion to move to the Wucheon general industrial complex.

Hoengseong County is proactive in attracting companies to make the county into an eco-friendly corporate city.

To date, the county has signed memorandums of understanding with 28 companies, equivalent to 762 new workers and KRW 85.3 billion of investment.

Copyrights Yonhap News. All Rights Reserved.

Source Text

Source: Yonhap News (Dec. 14, 2015)

** This article was translated from the Korean.