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According to Yonhap News,
Chungbuk-do and Eumseong-gun signed KRW 154.5 billion investment agreement with Ilyang Pharmaceutical for construction of a new manufacturing plant.
Ilyang Pharmaceutical plans to build a medicine manufacturing plant of about 49,500㎡(15,000 pyeong) in Eumseong Yongsan Industrial Complex by 2026.
This project is expected to create 109 new jobs.
Ilyang Pharmaceutical is committed to carry out the project smoothly, use locally produced materials and hire local residents first.
Chungbuk-do and Eumseong-gun will provide administrative support to ensure that the project moves forward without a hitch.
jeonch@yna.co.kr
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Source: Yonhap News (February 14, 2024)
** This article was translated from Korean.