Gunsan to lead electric car industry with gov't-led job creation project
  • 5 years ago
President Moon Jae-in has praised the southwestern port city of Gunsan for its initiative to rebound as a specialized center for making electric cars.
The President laid out a roadmap for his sixth regional job creation project in Gunsan... at a commemorative ceremony earlier this afternoon.
It aims to revive the Gunsan economy by expanding the electric car industry helping it recover after the shutdown of GM Korea's plant there last year... and the loss of 28-hundred jobs.
Electric car clusters will be created in the area,... led by the South Korean auto parts supplier Myongshin, which bought the Gunsan plant from GM Korea.
By 2022, the plan would see investment worth about 352 million U.S. dollars and the creation of around two-thousand jobs.
With the city already home to a test site for self-driving cars an an institute for developing related technology,... President Moon expressed high hopes that Gunsan will be able to rapidly advance as a leading city in the industry.