Pyeonghwa Holdings & NOK Form Joint Venture in DG-FEZ
Daegu Gyeongbuk Free Economic Zone Authority (DGFEZA) and Gyeongbuk Province signed an MOU with Pyeonghwa Holdings and NOK Corporation (Japan) to form a 61 million USD joint venture for automotive parts in the DGFEZ Yeongcheon Industry District. When...
Hyundai Heavy Industries announces JV with Cummins in DGFEZ ...
Hyundai Heavy Industries, the world’s largest shipbuilder, announced on Friday that it is establishing a joint venture (JV) with Cummins, a US-based manufacturer of diesel engines, to produce high speed diesel engines for ships and large vehicl...
Boeing to Establish Avionics MRO Center in DGFEZ
DAEGU, Republic of Korea, Sept. 3, 2012 -- Boeing [NYSE: BA] has signed a memorandum of understanding with the Korean province of Gyeongsangbuk-do and the city of Yeongcheon to establish an avionics Maintenance, Repair and Overhaul (MRO) facility in ...
DGFEZ Signs MOU to Support Foreign Investors (July 12, 2012)
The Daegu-Gyeongbuk Free Economic Zone (DGFEZ) authority inked a memorandum of understanding to support foreign-invested companies through the cooperation with local government and private institutions. Under the MOU, all participants agreed to suppo...
Daicel Safety Systems Held a Groundbreaking Ceremony in Yeon...
Daicel Safety Systems held a groundbreaking ceremony to build an air bag inflator factory in the Yeongcheon High-tech Components and Materials Industrial Park located in Gyeongbuk Province. The company signed an MOU with the Daegu Gyeongbuk Free Econ...
DGFEZ and Daegu Metropolitan City signed an MOU with SMEC
DGFEZ and Daegu Metropolitan City signed an MOU with SMEC CO., LTD, a manufacturer of machinery equipments and industrial robots. The company is planning to start constructing its plant in Daegu Technopolis in September 2012 and the plant will begin ...
Groundbreaking for New Building of Korea Credit Guarantee Fu...
Korea Credit Guarantee Fund, one of the 11 public institutions scheduled to move to Daegu Innovation City, held a groundbreaking ceremony on June 15 for the construction of a new building. The USD 100 million building will have 17 floors...
DGFEZ Head Office Relocated to Daegu Trade Center
Daegu Gyeongbuk Free Economic Zone Authority (DGFEZ) relocated its headquarters office on June, 18, from Samsung Finance Plaza to Daegu Trade Center located in Sincheon-dong, Dong-gu, Daegu. Established in August, 2008, DGFEZ is designed to ...
US Solar Cell Panel Maker to Invest $320 Million in Daegu
US Solar Cell Panel Maker to Invest $320 Million in Daegu Stion President & CEO Chet Farris and Daegu Mayor Bum-il Kim US-based Stion signed a $320 million investment project to establish a CIGS thin-film solar cell modulea plant in Daegu. The...