The Hongsan Industrial Complex invested 92.1 billion won in the total project cost, and Buyeo-gun invested about 460,000 in Jeongdong-ri and Mujeong-ri, Hongsan-myeon
It is being built on a 6,871㎡ scale. Buyeo-gun has 10 projects in Hongsan Industrial Complex, focusing on secondary batteries and chemicals. Buyeo is a top agricultural city, which has developed industrial and future food alternatives in addition to agriculture
It is believed that investment attraction is a key goal of the 8th popular election. Mayor Park's industrial policy is to raise agriculture to the top of the world and find future food and strategic industries in addition to agriculture. Buyeo aims to attract 100 domestic and foreign companies. Buyeo is an organization dedicated to attracting investment
On July 4, 2023, Buyeo County announced that China's global secondary battery manufacturing facility company, Hangar Group (https://www.chr-group.net/). The Hanker Group is located at about 49,769 square meters of land in Buyeo Eunsan 2 Industrial Complex and needs for secondary batteries
It was decided to build a production plant for lithium ion battery charging and discharging facilities. It will also build a dormitory. It plans to invest a total of 38 million dollars (about 50 billion won). As a result, more than 100 people will be employed directly or indirectly. It is also expected to induce production of KRW 1.539 trillion in exports.
Buyeo-gun County Governor Park Jung-hyun emphasized, "By attracting global secondary battery-related companies, Buyeo-gun will not only increase the value of Buyeo-gun, but also in the future. It will also gain momentum in attracting companies". Buyeo-gun's investment attraction has a special meaning in that it has induced investment by foreign companies as a basic foundation
Because of supply exceeds demand, currently, there are a total of 1,257 industrial complexes in Korea as of 2024, which is the target of attracting only domestic companies. Buyeo-gun's efforts to attract investment are the local economy and is expected to contribute greatly to revitalization and job creation.
