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According to Yonhap News,
North Chungcheong Province and Jincheon-gun signed a KRW 50 billion investment deal on May 18 with Dyne Soze. The food processor, developing additives and ingredients, unveiled its plan to build up its production plant on the currently operating factory inside Shincheok Industry Cluster in Jincheon-gun and to make the facility get fully equipped with cutting-edge manufacturing technology to produce powder, thereby turning it an export hub in Asia by the end of the year 2026.
Dyne Soze pledged to get the KRW 50 billion deal completed and prioritize local purchasing and hiring. In return for the investment, municipal authorities will provide all the necessary administrative supports to speed up the investment process.
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Source: Yonhap News (May 18, 2021)
** This article was translated from Korean.