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According to Yonhap News,
(IKSAN=Yonhap News) Iksan City in North Jeolla Province signed an investment agreements with NC corp and BnD Networks for investment of KRW 10 billion in the Iksan General Industrial Complex 3 on December 19, 2016.
NC corp plans to invest KRW 6 billion to set up a manufacturing facility on the 16,000 square meters of land by 2020 for production of cotton, bleached cotton, and cotton swabs.
BnD Networks will invest KRW 4 billion on a 6,600-square-meter site to produce eco-friendly photocatalyst.
Iksan City projects the two companies will create more than 30 jobs and boost economic vitality in the region.
kan@yna.co.kr
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Source: Yonhap News (Dec. 19, 2016)
** This article was translated from Korean.