According to Yonhap News,
(ANDONG=Yonhap News) Gyeongbuk-do signed an MOU with the Yozma Group and TOPTEC on investment in next-generation energy and nano-fiber industry.
The Yozma Group will make an investment of KRW 18 billion in Lemon Co., LTD. and TOPTEC, and cooperate with the Province to foster nano-fiber industry and the next-generation energy field.
Yozma Campus in Gyeongbuk-do will provide technological support and support commercialization of the technology.
TOPTEC has been implementing key projects related to the fourth industrial revolution, including factory automation and energy storage equipment. Lemon Co., LTD. produces nano-fibers, nano membrane masks and beauty treatment masks.
The Yozma Group is a global venture capital established in 1993 in Israel.
The Province has signed an MOU with the Yozma Group on fostering small and medium-sized ventures in October last year. It also built Gyeongbuk Yozma Campus in Gyeongbuk Techno Park in April this year and has been operating programs to help regional companies enter the global market.
"We will make our utmost efforts to help companies in the province enter the global market by cooperating with the Yozma Group," said Lee Cheol-woo, Governor of Gyeongbuk-do.
haru@yna.co.kr
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** This article was translated from Korean.
Source: Yonhap News (November 12, 2018)