<Translated with Google Translate.>
Gwangju Metropolitan City Attracts 178.7 Billion Investments from 16 Core Strategic Industries
- Covering secondary battery materials, electric vehicle core parts, and artificial intelligence related companies
- Mayor Kang “When companies come, people come and jobs are created… We will expand future food sources”
On the 6th, the Gwangju Free Economic Zone Authority (hereinafter referred to as the Gwangju Gyeongjae Office) signed an investment agreement (MOU) with 16 companies in key industries such as secondary batteries and electric vehicles for an investment of 178.7 billion won and job creation of 630 people.
On this day, the agreement ceremony held in the City Hall Business Room was attended by Gwangju Metropolitan City Mayor Kang Ki-jeong and representatives and officials from 14 companies that signed agreements. The other two companies have already confirmed their intention to invest, but were unable to attend the agreement ceremony due to their schedule.
The investment agreement companies are ▲Ostiogene Bio (USA) ▲ELBNT Co., Ltd. (Hanam, Gyeonggi-do) ▲Eunsung Heavy Industries Co., Ltd. (Sacheon, Gyeongnam) ▲Dongjin Enterprise Co., Ltd. (Gwangju) ▲DH Autolead Co., Ltd. (Gwangju) ▲Jayeo Co., Ltd. (Seoul) ▲Co., Ltd. Daejin T&P (Gwangju) ▲ SJ Co., Ltd. (Naju, Jeonnam) ▲ N Tool Co., Ltd. (Gwangju) ▲ Maru Engineering Co., Ltd. (Gwangju) ▲ Dongil Special Equipment Co., Ltd. (Gwangju) ▲ DanaCM Co., Ltd. (Seoul) ▲ Garion Co., Ltd. (Gwangju) ▲ Magnatech Co., Ltd. (Jangseong, Jeonnam) ▲ EK Co., Ltd. (Jangseong, Jeonnam) ▲ SS System Co., Ltd. (Gwangju) 16 companies. 8 companies in Gwangju and 8 foreign companies in Seoul.
In terms of industry, there are 9 automobile-related companies such as electric vehicle parts and vehicle equipment manufacturing, 4 energy-related companies such as electrical equipment manufacturing and secondary battery cell manufacturing, and 3 artificial intelligence (AI) convergence research and development related companies. , These are companies belonging to the core strategic industries of the Gwangju Free Economic Zone.
Gwangju Mayor Kang Ki-jeong said, “This investment is a meaningful signal that Gwangju is developing into a business-friendly city.” “When companies come, people come and jobs increase. We will work together with companies to grow future food sources such as Gwangju’s root industries, artificial intelligence (AI), and future cars, and expand the industry.”
With the signing of this agreement, the Gwangju Gyeonggi-do Administration has achieved results of signing investment agreements with 34 companies in the fields of artificial intelligence, future mobility, and smart energy after the launch of the 8th civil election, including a total of 310 billion won and job creation of 970 people.
Ostiogenbio, an American company that is the first foreign investment attraction in the Gwangju Free Economic Zone, has developed technology specialized in the field of artificial bone development, such as the approval of the US Food and Drug Administration (FDA) for its self-developed dental artificial bone (InRoad) in March last year. It is a bio research and development (R&D) company. We will establish a Korean corporation in Gwangju for joint research with medical infrastructure and local universities in Gwangju, and open a research center in Gwangju Artificial Intelligence (AI) Convergence District to expand our business into the world (global) market. plan.
ELB&T Co., Ltd. is a material company in the metropolitan area specializing in R&D and prototype manufacturing in the field of electric vehicles. It is selected as a company to move into the Korean Industrial Complex in Saudi Arabia promoted by the Saudi Arabian government, and plans to establish a factory in Gwangju for R&D and production and supply of key parts for full-scale local production.
Eunsung Heavy Industries Co., Ltd. is a company located in Sacheon, South Gyeongsang Province, and is promoting marine leisure and marine resort businesses based on aluminum ship manufacturing. It is aiming to develop a new research center in the artificial intelligence (AI) convergence district, autonomous navigation and next-generation eco-friendly ship research and development.
Dongjin Enterprise Co., Ltd. is a company located in Gwangju that has unrivaled technology in the field of cylindrical secondary battery assembly facilities and is registered as a partner of LG Energy Solutions and Samsung SDI. As the supply of electric vehicles increases, the demand for equipment for assembling cylindrical secondary batteries increases, making additional investments in Gwangju to seek growth as a leading domestic company in the battery sector.
DH Autoride Co., Ltd. is a promising company located in Gwangju that is competitive in the field of automobile production facilities and parts manufacturing, and plans to enter overseas markets such as Indonesia and Vietnam in earnest through facility expansion and factory expansion.
Zayeo Co., Ltd. is expected to contribute to fostering the future car industry in Gwangju by developing into a company specializing in PE module production through the establishment of a new plant in Bitgreen Industrial Complex for the production and supply of PE modules for electric vehicles produced by Kia and Gwangju Global Motors. .
Daejin TNP was established in July 2022 as a secondary partner of Hyundai-Kia Motors. It plans to supply wheel assemblies to Kia Motors, and to diversify products in the future, it is seeking corporate growth by expanding electric vehicle parts production lines in the Bitgreen Industrial Complex and securing the electric vehicle parts supply network of Gwangju Global Motors Co., Ltd.
In addition, SJ Co., Ltd. and N Gonggu Co., Ltd. built a new electrical equipment factory, Maru Engineering Co., Ltd. expanded a research center for automobile R&D, Dongil Special Co., Ltd. expanded a special purpose vehicle manufacturing plant, Garion Co., Ltd. expanded automobile painting facilities, and DanaCM Co., Ltd. smart postpartum Establishment of care and childcare big data research center, Magnatech Co., Ltd. is expected to contribute to the creation of a core strategic industry ecosystem and revitalization of the local economy in the Gwangju Free Economic Zone through the establishment of a research center for secondary battery material development.
EK Co., Ltd., which was unable to attend the agreement ceremony, but has already decided to invest in Gwangju, expanded smart factory automation equipment manufacturing facilities, and SS System Co., Ltd. strengthened competitiveness in local related industries through the establishment of communication equipment manufacturing factories such as CCTV and electronic display boards. It is expected to contribute to job creation. The Gwangju Economic and Trade Administration plans to exchange investment agreements separately with the two companies that could not attend the agreement ceremony and conclude the agreement in the first half of this year.
