GWANGJU < invest Korea

(GWANGJU=NEWSIS) On June 20, the Office for Hub City of Asian Culture of the Ministry of Culture, Sports and Tourism (MCST) held an investment-related explanatory session concerning Gwangju, the Hub City of Asian Culture at the National Museum of Korea in Seoul for the representatives of more than 100 businesses specializing in culture and tourism.

The session served as an occasion for discussion on how to promote a common project aimed at attracting culture-related investment in Gwangju. Explanations were given about the project for the formation of Hub City of Asian Culture, the Asian Cultural Industry Investment Cooperative launched in 2012 (with the focus on the results of investment attraction and the plan for future operation), and the system of support for cultural industry promotion, including the provision of incentives, for businesses in investment promotion zones.

The Gwangju Information and Culture Industry Promotion Agency and businesses specializing in cultural content will also signed an agreement for collaboration in the relocation of businesses to the investment promotion zone and the production of cultural contents.

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Source Text

Source: Newsis (June. 19, 2014)

** This article was translated from the Korean.