GWANGJU < invest Korea

According to Yonhap News,

The city of Gwangju and Gwangju Free Economic Zone (GJFEZ) signed an MOU on Mar 25 with AVL Korea, an industry specialist developing automotive-powertrain engineering service, over a cooperative partnership to foster the industry of the AI enabled- future mobility within Gwangju Bitgreen Industry Complex.

By making the most out of the investor’s capability, the city is planning to provide an intensive biz-support program, by which businesses can put themselves in more favorable position to further advances or progress is made.

The head of AVL Korea said “Partnering with neighboring auto-parts makers and Gwangju Motors within the clusters to help them keep competent, we will develop an industrial sponsorship business model, making collaboration with local academies and research institutes.”

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Source: Yonhap News (Mar 25, 2021)