JEOLLABUK-DO < invest Korea

According to Yonhap News,

(SEOUL=Yonhap News) Two companies will hold groundbreaking ceremony for plant construction on November 11, 2016 as the first tenants moving into the national food cluster, dubbed Foodpolis, in Iksan City, North Jeolla Province.

BTC, which produces ingredients for health functional foods such as fermented red ginseng, omega-3 and enzyme-treated green tea extract, plans to build its production facility on a 20,224㎡ of land with a total floor area of ​​3,340㎡ by May next year, according to the Ministry of Agriculture, Food and Rural Affairs.

Coffee drinks producer CnC Legby will complete construction of a 1,995-square-meter production facility on a total of 4,975㎡ of land by February next year.

Among the 17 companies that have signed contracts to move into the national food cluster, the two companies are the first to break ground on factory facilities.

The Foodpolis is an export-oriented national industrial complex centering on research and development network in which food companies and research institutes are integrated into an industrial complex and a supporting multi-functional complex at a total area of ​​2.32 million ㎡ in Iksan City, North Jeolla Province. A total of KRW 555.5 billion will be invested in the construction of the food industry complex.

mangels@yna.co.kr

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