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(BOEUN=Yonhap News) Two SMEs (small and medium companies) have agreed to invest KRW 14 billion in the Boeun Industrial Complex in North Chungcheong Province.
The province and Boeun County signed investment MoUs with fermented food company Seondeok and surfactant manufacturer Inspire Chemical.
Based on the agreement, Seongdeok and Inspire Chemical will each invest KRW 6 billion and KRW 8 billion to build production facilities on 9,539 and 7,350 square meters of land, respectively.
The two companies will raise the occupation rate of the industrial complex in Ujin-ri, Samseung-myeon, Boeun-gun, to 96 percent.
A county source noted that the new production facilities are expected to create 80 new jobs.
bgipark@yna.co.kr
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Source: Yonhap News (Oct. 12, 2017)