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Yeongcheon High-tech Park(2023 ver.)

2024-05-03 18:09:10

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Make future mobility smarter
(Subtitle: Smart)
and more perfect!
(Subtitle: Perfect)
The future materials, components, and equipment valley
(Subtitle: Realize / Innovation!)
that realizes innovation. 

Yeongcheon High-Tech Park
(Subtitle: Yeongcheon High-Tech Park)

In December 2022, Hwashin, a global automotive component manufacturer,
signed an investment MOU to return to Korea.
(Subtitle: Global Automotive Component Manufacturer Hwashin Invests KRW 80 Billion in Yeongcheon and Hires 120 New Employees
MOU between Gyeongbuk, Yeongcheon, Daegu-Gyeongbuk Free Economic Zone Authority, and Hwashin 
Investment will be made in Yeongcheon High-Tech Park until 2025 and 120 jobs will be created)

The key content of the MOU is that Hwashin will reduce its production facilities in China
(Subtitle: Received an award for returning to Korea in 2023 Received Presidential Citation)
and newly install EV component manufacturing facilities in Yeongcheon.
(Subtitle: Hwashin High-Tech Park Plant groundbreaking ceremonyYeongcheon High-Tech Park)

Why do enterprises decide to return to Yeongcheon?
(Subtitle: Why do enterprises decide to return to Yeongcheon?)

They return to Yeongcheon since Yeongcheon has an abundance of component and material R&D facilities, such as the Gyeongbuk Research Institute of Vehicle Embedded Technology,
and is the center of material-component-equipment industries, especially the automotive component industry.
(Subtitle: An abundance of future mobility R&D facilities 
Gyeongbuk Research Institute of Vehicle Embedded Technology / Gyeongbuk Hybrid Technology Institute / Avionics System Technology Center 
/ The center of material-component-equipment industriesManufacturing belt of automotive component industry)

The innovation in ecosystem.
It is the reason for enterprises coming back to Yeongcheon High-Tech Park.
(Subtitle: Innovation in Ecosystem / Yeongcheon High-Tech Park)

Logen, a Korean middle-standing logistics company,
(Subtitle: Logen Co.,LtdYeongnam Logistics Terminal)
signed an investment MOU in July 2023
in order to construct Yeongnam Regional Integrated Logistics Terminal in Yeongcheon Yeongnam Logistics Terminal in Yeongcheon.
(Subtitle: DGFEZ and Logen Signed an Investment MOU 
/ KRW 125.9 billion investment in logistics hub at Yeongcheon High-Tech Park
/ Logen Invests KRW 125.9 Billion to Construct Yeongcheon Logistics Terminal 
/ Logen will construct logistics terminal in Yeongcheon High-Tech Park from 2024 to 2028
/ The project will revitalize the local economy by creating 930 jobs and generating local income)

Why did they choose Yeongcheon?
(Subtitle: Why did they choose Yeongcheon?)

They chose Yeongcheon because of its outstanding accessibility to large cities in Yeongnam
and the traffic network running in all directions.
(Subtitle: Traffic network running in all directions / Outstanding accessibility to nearby citiesBukyeongcheon IC, Hwasan JC)

In addition, highways densely surrounding Yeongcheon and Daegu-Gyeongbuk Integrated New Airport
which will be constructed in Gunwi are the merits of Yeongcheon.
(Subtitle: Daegu-Gyeongbuk Integrated New AirportTo be completed in 2030)

Innovation in logistics.
It is the reason for enterprises choosing Yeongcheon High-Tech Park.
(Subtitle: Innovation in Logistics / Yeongcheon High-Tech Park)

Logistics. 
(Subtitle: Innovation in Logistics / Transportation & Logistics)
Industrial ecosystem. 
(Subtitle: Innovation in Ecosystem / Industrial Infrastructure)
These factors realize innovation 
in Yeongcheon High-Tech Park.
(Subtitle: Realize / Innovation!)

Yeongcheon High-Tech Park
(Subtitle: Yeongcheon High-Tech Park)
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