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MARKET PULSE · South Korea

Two food companies plan KRW45.5 billion investment in Uiseong

SeaWith and O'grae signed investment memorandums with Gyeongsangbuk-do Province and Uiseong County covering KRW45.5 billion and 83 planned hires. The agreements sit alongside the completion of Uiseong Bio Food Valley and a new cell-cultured-food research centre.

By F&BSG Editorial · F&BSG edition · Original source: Financial News Korea · Source published

What happened

SeaWith and O'grae signed investment memorandums with Gyeongsangbuk-do Province and Uiseong County covering KRW45.5 billion and 83 planned hires. The agreements sit alongside the completion of Uiseong Bio Food Valley and a new cell-cultured-food research centre.

Source and editorial note

This is F&BSG’s summary of reporting by Financial News Korea. Read the original source for the full context and any subsequent updates.

Read the original at Financial News Korea ↗

F&BSG’s summaries are informational and may become outdated. For corrections, see the editorial policy.

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