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Yeongwol-gun attracted KRW 14bln investments this year
Yeongwol-gun in Gangwon Province was selected as the best investment destination in the year 2020 on the back of the authority’s commitment to investment promotion, the top priority this year for town leaders.
By attracting a dozen businesses producing PV panels, food and beverage, etc., Yeongwol-gun successfully drove up the occupancy rate of the local business cluster to 78%, which used to be mere 33%. The investments Yeongwol-gun attracted go way beyond KRW14 billion in total.
Through its Gangwonland Next Unicorn Project, they’ve already attracted three promising startups since last year. These local champions are expected to be valued at over KRW 1 trillion or more.
Startup incubations center located in Yeongwol-gun now accommodates 20 VC startup firms, developing UAVs or locally sourced products and services.
byh@yna.co.kr
** This article was translated from Korean.
Date
2020.12.31
Views
333
According to Yonhap News,
Yeongwol-gun in Gangwon Province was selected as the best investment destination in the year 2020 on the back of the authority’s commitment to investment promotion, the top priority this year for town leaders.
By attracting a dozen businesses producing PV panels, food and beverage, etc., Yeongwol-gun successfully drove up the occupancy rate of the local business cluster to 78%, which used to be mere 33%. The investments Yeongwol-gun attracted go way beyond KRW14 billion in total.
Through its Gangwonland Next Unicorn Project, they’ve already attracted three promising startups since last year. These local champions are expected to be valued at over KRW 1 trillion or more.
Startup incubations center located in Yeongwol-gun now accommodates 20 VC startup firms, developing UAVs or locally sourced products and services.
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byh@yna.co.kr
Source: Yonhap News (Dec 28, 2020)
** This article was translated from Korean.