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Koreel, auto part manufacturer, signed investment MOU to move into Wanju Techno Valley.
doo@yna.co.kr
** This article was translated from Korean.
Date
2021.08.10
Views
426
According to Yonhap News,
Wanju-gun, Joellabuk-do, said on August 5 that it signed an investment MOU worth KRW 7.4 billion with Koreel, a special auto part manufacturer.
Koreel is to move into the land area of 15,686 sq. meters in industrial land of Wanju Techno Valley 2nd Industrial Complex.
The company is to invest KRW 7.4 billion by 2022, with hiring about 40 employees and establishing a factory.
Koreel is to relocate its factory, currently in Incheon, into Wanju, laying the foundation for further growth in the future.
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doo@yna.co.kr
Source:Yonhap News (August 5, 2021)
** This article was translated from Korean.