Table of Contents
- Leading Innovation Companies Choose Busan
- Seongwoo Hi-Tech Establishes Future Car Parts Production Base in Gijang Jangan Industrial Complex
- Toss CX Establishes Next-Generation Financial Advisory Center in Centum City
- Busan City Promotes Strategic Industries and Business Support
- Busan, an Innovation Hub for Future Cars and Digital Finance
- Frequently Asked Questions (FAQ)
Leading Innovation Companies Choose Busan
Busan is once again gaining attention as an investment destination for leading innovation companies. Seongwoo Hi-Tech and Toss CX signed a total of 45.7 billion won in a Memorandum of Understanding (MOU) with Busan City. As a result, 191 new jobs are expected to be created in the local economy.
This agreement demonstrates that Busan is establishing itself as a new growth hub in two significant sectors: the future car industry and digital finance. The potential for Busan's development is becoming more prominent and is expected to contribute to revitalizing the local economy.
Seongwoo Hi-Tech Establishes Future Car Parts Production Base in Gijang Jangan Industrial Complex
Seongwoo Hi-Tech plans to invest 44 billion won to establish a core parts production facility for future cars in Jangan-eup, Gijang-gun. This will lead to the recruitment of 30 new employees and will mark the beginning of advanced parts production tailored to the electric vehicle era.
As a prominent local enterprise, Seongwoo Hi-Tech has already achieved success in supplying body parts to global automakers. The company possesses manufacturing technology for lightweight and high-strength bodies suitable for electric vehicles and battery pack cases (BPC), positioning this investment to enhance cooperation with local parts manufacturers, spread advanced manufacturing technology, and contribute to job creation.
Seongwoo Hi-Tech's new investment is expected to positively impact the overall automotive industry in Busan and significantly contribute to the revitalization of the regional economy.
Toss CX Establishes Next-Generation Financial Advisory Center in Centum City
Toss (Viva Republica), a leader in the fintech field, is investing 1.7 billion won to establish Toss CX, a subsidiary specializing in financial consulting, in Centum City, Haeundae-gu. As a result of this investment, 161 local talents are expected to be newly hired.
Toss CX plans to improve customer consulting services based on a deep understanding of financial expertise and branding, and to build AI training materials. This project is expected to contribute to developing Busan as a hub for digital financial services and enhancing the competitiveness of the local finance and IT industries.
Toss's move is likely to have a positive impact on the local economy and will serve as an important opportunity to drive the expansion of the digital finance ecosystem in the future.
Busan City Promotes Strategic Industries and Business Support
With this agreement, Busan plans to actively develop the future car and digital finance industries. The investment projects taking place at the Gijang Jangan Industrial Complex and Centum City are expected to strengthen the regional industrial ecosystem and contribute to job creation.
Busan expresses deep gratitude to the two companies for choosing to invest in Busan amidst current economic uncertainties, and promised to continue providing administrative and financial support to ensure that it becomes a reliable city for businesses.
Busan, an Innovation Hub for Future Cars and Digital Finance
The recent signing of the MOU between Seongwoo Hi-Tech and Toss CX holds significant meaning. It goes beyond a mere investment agreement, marking Busan's establishment as an innovative manufacturing base for the future car industry, and presenting an opportunity for growth as a global service hub in the digital finance field.
The attraction of investments from leading innovation companies greatly increases the likelihood of achieving two goals simultaneously: securing new growth drivers and revitalizing the economy in the Busan region. Such changes are expected to positively impact the economic landscape of Busan in the future.
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Frequently Asked Questions (FAQ)
Q. What is the purpose of Seongwoo Hi-Tech's investment in Busan's Gijang Jangan Industrial Complex?
Seongwoo Hi-Tech is investing 44 billion won to establish a production base for core parts of future cars.
Seongwoo Hi-Tech plans to build a production facility for future car parts in Gijang-eup, Gijang-gun, to produce advanced components needed for the electric vehicle era. This investment is expected to create 30 new jobs and positively influence the overall Busan automotive industry by enhancing collaboration with local parts manufacturers.
Q. What are the features of the financial advisory center being established by Toss CX in Busan's Centum City?
Toss CX is building a digital financial advisory center with a 1.7 billion won investment and will hire 161 employees.
Toss CX will be established as a financial consulting subsidiary in Centum City, focused on enhancing customer consulting services and building AI training materials. This will play a central role in developing Busan into a digital finance hub and strengthening the competitiveness of the local finance and IT industries.
Q. What is the background for Busan City promoting the future car and digital finance industries?
Busan City is focusing on developing these two industries to strengthen the industrial ecosystem and create jobs.
Through the development projects in the Gijang Jangan Industrial Complex and Centum City, Busan City is actively developing the future car and digital finance industries. It is working to revitalize the local economy and create a stable investment environment while gaining the trust of companies, and will continue to support attracting innovative companies to invest in Busan.
Q. What is the impact of the investment MOU between Seongwoo Hi-Tech and Toss CX on the Busan economy?
The investment from the two companies is expected to total 45.7 billion won and create 191 new jobs.
The MOU signed by Seongwoo Hi-Tech and Toss CX is expected to enhance Busan's competitiveness in the future car and digital finance industries while contributing to economic revitalization. The combination of advanced manufacturing technology and digital financial services is anticipated to help secure new growth drivers and create jobs, significantly changing the economic landscape of the Busan region.
