<Translated with Google Translate.>

Gwangju Free Economic Zone Authority attracts investment from foreign companies at ‘IKS 2023’

- Operating a future mobility promotion center, holding town hall meetings, and providing one-on-one investment consultations, etc.
- Promotion based on leading cities such as Gwangju Future Automotive National Industrial Complex and Specialty Complex for Materials and Materials
- Introduction of investment environment such as artificial intelligence verification and incentives for overseas companies

Gwangju Free Economic Zone Authority (hereinafter referred to as Gwangju Free Economic Zone Authority) is participating in the ‘INVEST KOREA SUMMIT 2023’ held at BEXCO in Busan on the 7th and 8th to promote Gwangju’s future mobility industry and attract investment.

The 'Invest Korea Summit 2023', hosted by the Korea Trade-Investment Promotion Agency (KOTRA), is a foreign investment promotion event centered on the Free Economic Zone Authority, and 'Invest Korea Week', which was held every year, is a country where domestic and foreign global business leaders participate. It was expanded to a summit meeting.

This event is Korea's largest investment promotion event with the participation of over 1,000 foreign investors, leading companies (anchor companies), and diplomatic missions in Korea. It includes an exhibition of future strategic industries such as future cars, bio, secondary batteries, and semiconductors, town hall meetings, investment consultations, etc. It was filled with a variety of investment attraction contents, including new technology seminars.

Gwangju Metropolitan City Office has undertaken various investment attraction activities, including operating a future mobility promotional exhibition hall, Gwangju Free Economic Zone town hall meetings, one-on-one investment consultations with overseas companies, and corporate networking.

The Gwangju Future Mobility Promotional Exhibition Hall installed in the future car exhibition hall introduces the new economic vision of the future car national industrial complex, a specialized complex for materials and equipment, Gwangju's various mobility support facilities, Gwangju Global Motors (GGM)'s mass production of 100,000 cars, and Casper's electric vehicle conversion plan. did. In addition, Casper was directly displayed in person to promote its excellent location and differentiated investment environment as a leading future mobility city with Korea's only two automakers.

In particular, at the event venue on this day, Prime Minister Han Deok-soo visited the Gwangju Future Mobility Promotional Exhibition Hall during his tour of the exhibition hall and heard an explanation about Gwangju's future mobility development policy from Kim Jin-cheol, head of the Gwangju Metropolitan City Office.

Commissioner Kim introduced Gwangju's strategy to develop a leading future mobility city, which has become an optimal place for mobility investment due to its support infrastructure (infrastructure) such as the Gwangju Eco-friendly Automobile Parts Certification Center and the Eco-friendly Automobile Parts Cluster, as well as the designation of the Future Automobile National Industrial Complex and the Specialized Complex for Materials and Equipment. We requested attention and support from the government.

Prime Minister Han Deok-soo expressed his expectations for the transition to electric vehicles, saying, “I am familiar with Gwangju Global Motors and Casper, which are labor-management win-win job factories in Gwangju.”

The Gwangju Business Administration also invited overseas businessmen and held a town hall meeting to introduce the local government's investment environment.

Commissioner Kim Jin-cheol, who was the presenter, introduced Gwangju's nine investment strengths and free economic zones, including the nation's highest-level medical service base, Korea's only artificial intelligence verification base, future car industry transformation strategy, and investment incentives, and introduced Gwangju as a city of opportunity with a bright future. We requested interest and investment from overseas businesspeople.

In one-on-one investment consultations with overseas businessmen arranged by KOTRA and pre-matched, ▲ hydrogen fuel cell power system development company 'Intelligent Energy Ltd' (UK), ▲ medical physical therapy equipment manufacturer 'DOUBLE MEDICAL TECHNOLOGY INC' (China) ), ▲NovaXS Biotech (Canada), a smart needle-free drug self-injection device development company, introduced the investment environment of Gwangju to five overseas business partners and requested investment and business cooperation in Gwangju.

Kim Jin-cheol, head of the Gwangju Gyeongjae Agency, said, “This event was a valuable opportunity to inform overseas businessmen of Gwangju’s future automobile foundation and strategy.” He added, “We will continue to carry out various investment attraction activities targeting overseas companies to strengthen Gwangju’s position as a promising domestic investment destination.” “I will work harder to solidify it,” he said. <End>

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(Gwangju Free Economic Zone Authority, 613-6041)