DO, Gunwoo’s inauguration as DGFEZ’s 3rd commissioner
On October 21, Mr. Do, Gunwoo, was inaugurated as the new commissioner of DGFEZ by the Mayor of Daegu Metropolitan City and the Governor of Gyeongbuk Province. Mr. Do’s role is to ensure the progress of the Daegu-Gyeongbuk Free Economic...
President Park Geun-hye visited Daegu Creative Economy Innov...
President Park Geun-hye visited Daegu Creative Economy Innovation Center to bolster creative economy in Daegu President Park Geun-hye visited Daegu On September 15th. The President attended the opening ceremony of the Dae...
Suseong Alpha City – New Name of Suseong Medical District
Suseong Medical District will be called Suseong Alpha City On August 20, Daegu Urban Development Corporation (DUDC) announced ‘Suseong Alpha City’ as a new name for Suseong Medical District. DUDC held a contest to collect name ideas an...
5-Year IT industry trends in Korea
5-Year IT industry trends in Korea As Korea companies continue overseas expansion and growth, the IT industry is showing increased importance in the Korea economy. According to the statistics released from Korea Associati...
DGFEZ receives top marks for Investment Achievement
DGFEZ receives top marks for Investment Achievement In this year’s evaluation of Korea’s Free Economic Zones, Daegu-Gyeongbuk Free Economic Zone Authority (DGFEZ) ranked 2nd as judged by the Ministry of Trade, Investment, and Ene...
Hyundai Cummins Engine Company completes factory in Daegu, S...
Hyundai Cummins Engine Company completes factory in Daegu, South Korea Hyundai Cummins Engine Company, a joint venture company between Hyundai Heavy Industries and Cummins completed construction of its factory in Daegu Technopolis in the Dae...
Executives from global pharmaceutical companies visit DGFEZ
- In DGFEZ Vision Hall - A delegation of 15 Executives from Korean Research-based Pharmaceutical Industry Association (KRPIA) visited DGFEZ on April 25, 2014. On the visit, Byung-Rok Choi, Commissioner of DGFEZ discus...
Suseong Smart City amends development plan
Suseong Smart City amends development plan The Ministry of Trade, Investment and Energy (MOTIE) approved Suseong Smart City, a special free economic zone located in Daegu, to change its development plan from healthcare, education and cultura...
Report on Daegu’s IT and Software Industry
Report on Daegu’s IT and Software Industry Daegu Digital Industry Promotion Agency announced in late 2013 that Daegu’s 684 IT/SW companies recorded revenues of KRW 4.9 trillion (USD 4.6 billion) and exports of KRW 800 billion (US...
ASSAB Korea to move into Daegu Technopolis
ASSAB Korea to move into Daegu Technopolis On December 13th ASSAB Steels (Korea) Co. Ltd., a global tool steel company, based out of Sweden, announced that it has signed an MOU to begin construction in Daegu Technopolis i...