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According to Yonhap News,
(DAEJEON=Yonhap News) Daejeon Metropolitan City entered into agreements for new investment with four companies on November 30, 2016 at the City Hall.
Daejeon City and four participating companies agreed to jointly work for job creation and regional economic development
through new investment for facility expansion and relocation of headquarters, factories, and corporate research centers.
The four companies will collectively invest a total of KRW 23.8 billion in the Dungok and Yuseong Districts, which are strategic regions of the International Science & Business Belt, while the city will provide comprehensive support to help the companies grow into promising global enterprises.
jchu2000@yna.co.kr
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Source: Yonhap News (Nov. 30, 2016)
** This article was translated from Korean.