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Gwangju, KEPCO, and Jeonnam concluded investment agreements

광주시-한전-전남도에너지밸리 투자협약 체결


The City of Gwangju, the Korea Electric Power Corporation (KEPCO), and Jeonnam hosted the 2019 2nd Energy Valley Business Investment Contractual Ceremony at the KEPCO headquarters yesterday.

 

At the ceremony, public dignitaries including the  Gwangjus Deputy Mayor for Culture and Economic Affairs Jo In Cheol (조인철), Representative Director of KEPCO Kim Jong Gap (김종갑), the provinces Deputy Mayor for Political Affairs Yoon Byeong Tae (윤병태), Mayor of Naju City Kang In Gyu (강인규) and 34 CEOs from various companies participated.

 

5 locations in Gwangju, 12 in Jeonnam and 17 in Naju will sign contracts with the companies. The total investment costs are at 70 billion won and will create jobs for over 500 employees.

 

So far, the Energy Valley Project signed investment agreements with 430 enterprises. The projects goal is to reach 500 contracts by 2020.

 

Additionally, the Korea Institute of Industrial Technology (KITECH), Korea Institute of Energy Research (KIER) and The Electronics and Telecommunications Research Institute (ETRI) signed an Energy Valley Business Research and Development agreement at the headquarters as well.

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