GWANGJU < invest Korea

According to Yonhap News,

(SEOUL=Yonhap News) The Korea Electric Power Corporation (KEPCO), Gwangju City and South Jeolla Province gave an investment presentation about the establishment of the Bitgaram energy valley to 110 electricity-related companies on March 27.

KEPCO introduced a KRW 200 billion of development fund for small- and medium-sized companies and ways to adopt the technology finance support system and support the relocated companies to settle.

Also, the corporation showed its intention to invest KRW 10 billion annually in the joint development projects, which are conducted by companies, universities and research institutions, to hire more regional talents, develop energy experts, and support these experts with scholarships.

"Participants agreed KEPCO’s plans and visions to building the Bitgaram Energy Valley. We hope Gwangju and South Jeolla Province will gain more interest in investing the region," said a KEPCO official.

betty@yna.co.kr

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