JEOLLABUK-DO < invest Korea

According to Yonhap News,

(JEONGEUP=Yonhap News) Ubinetsys, the leading remote monitoring system company, will move into the High-Tech Scientific Industrial Complex in Jeongeup City.

Ubinetsys signed an investment agreement with the City to build its plant on a pot of 14,000 ㎡ with KRW 5.6 billion budget by 2021.

The company has its headquarters in Hwaseong, Gyeonggi-do Province and it develops and produces remote monitoring system in the field of communications and electric power.

Thanks to the agreement, the sales rate of the Complex surpassed 80 percent.

"We will provide administrative support to Ubinetsys so that it would lead the industry and grow along with the regional economy," said Yu Jin-seop, the mayor of Jeongeup.

doin100@yna.co.kr

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Source Text

** This article was translated from Korean.

Source: Yonhap News (September 19, 2018)