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NEWS

Environment-Friendly Manufacturers Invest KRW 55 b

Writer administ Posted at 2010-02-23
According to Yonhap News,
South Jeolla Governor Park Jun-young and Younggwang County Governor Jeong Gi-ho signed an agreement on investment worth KRW 55 billion with executives of Eco Vital Group, Dongmun Global Dek, Daeto, Line Inc. on February 3 at Younggwang county government complex.

Under the agreement, Eco Vital Group will invest KRW 30 billion to build food supplement production plant in a a 20,000㎡ site in Deokheung-ri, Beopseong-myeon, Younggwang-gun.

Dongmun Glbal Dek Co. is to invest KRW 8.7 billion in a 358,000㎡ site in Daema-myeon to enter construction materials market by creating bamboo forest for environment-friendly bamboo furnishing products.

It will also relate the bamboo forest with the county-wide forestation project pushed by the Younggwang government from a long-term perspective.

Daeto Co.will manufacture environment-friendly powder germicide from stones with investment to the tune of KRW 13 billion in a 10,000㎡ in Gunseo-myeon.

Line Co. is planning to process used lumber into sawdust, woodchip, etc. and supply to Jeonju Paper Co. in a 5,000㎡ site in Songhak-ri, Gunseo-myeon with investment worth KRW 3 billion.

Source: Yonhap News (February 3, 2010)

** This is an English translation of a Korean news article.