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Gangwon State, Taebaek-si signed an investment agreement worth KRW 21 bn with two companies
On June 9, Gangwon State announced that it, along with Taebaek-si, has signed a Memorandum of Understanding (MOU) for the establishment of factory facilities in the abandoned mine regions worth KRW 21 billion with two investment companies, including FD Tech, and GBM.
At the signing ceremony, representatives from Gangwon State, Taebaek-si, FD Tech, and GBM attended and discussed cooperation measures to revitalize industries and create jobs in the abandoned mine regions.
FD Tech, a facility maintenance and management robotics company established in Wonju in 2022, is a technology-driven company with AI-based structural safety inspection robot technology. It holds a total of 24 patents and 13 certifications to date.
Under this agreement, FD Tech plans to invest approximately KRW 5 billion to build a 3,588㎡ production facility on a 5,126㎡ site in the Dongjeom Industrial Complex in Taebaek. This is expected to create about 50 new jobs.
The company plans to sign a land purchase agreement with Taebaek City within this month and begin the construction of the factory.
GBM, established in 2017, is a company specializing in school uniforms and group uniforms. It is a promising company selected for the "2024 Next Unicorn Project" jointly organized by Gangwon Land, the Korea SMEs and Startups Agency, and four municipalities in the abandoned mine regions.
Under this agreement, GBM plans to invest a total of KRW 16 billion by 2029 to establish a smart factory and create about 90 new jobs in the abandoned mine region.
yoo21@yna.co.kr
Source Text
** This article was translated from Korean.
Date
2025.06.11
Views
14
According to Yonhap News,
On June 9, Gangwon State announced that it, along with Taebaek-si, has signed a Memorandum of Understanding (MOU) for the establishment of factory facilities in the abandoned mine regions worth KRW 21 billion with two investment companies, including FD Tech, and GBM.
At the signing ceremony, representatives from Gangwon State, Taebaek-si, FD Tech, and GBM attended and discussed cooperation measures to revitalize industries and create jobs in the abandoned mine regions.
FD Tech, a facility maintenance and management robotics company established in Wonju in 2022, is a technology-driven company with AI-based structural safety inspection robot technology. It holds a total of 24 patents and 13 certifications to date.
Under this agreement, FD Tech plans to invest approximately KRW 5 billion to build a 3,588㎡ production facility on a 5,126㎡ site in the Dongjeom Industrial Complex in Taebaek. This is expected to create about 50 new jobs.
The company plans to sign a land purchase agreement with Taebaek City within this month and begin the construction of the factory.
GBM, established in 2017, is a company specializing in school uniforms and group uniforms. It is a promising company selected for the "2024 Next Unicorn Project" jointly organized by Gangwon Land, the Korea SMEs and Startups Agency, and four municipalities in the abandoned mine regions.
Under this agreement, GBM plans to invest a total of KRW 16 billion by 2029 to establish a smart factory and create about 90 new jobs in the abandoned mine region.
yoo21@yna.co.kr
Source Text
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Source: Yonhap News (June 9, 2025)
** This article was translated from Korean.