Jungheung Construction Pledges 10 Billion Won to Honam Semiconductor Project
Jungheung Construction Group signed an MOU with Jeonnam-Gwangju Integrated Special City, donating 2 billion won annually from 2027 to 2031.
Jungheung Construction Group signed a memorandum of understanding with Jeonnam-Gwangju Integrated Special City on the 8th to donate 10 billion won to the Honam Semiconductor Mega Project, according to inews24.com.
Under the agreement, the group will contribute 2 billion won per year from 2027 to 2031, totaling 10 billion won.
The funds will be directed toward semiconductor company attraction, expert training and infrastructure research, the MOU states.
The donation will also support scholarships and local talent development programs in strategic industries and advanced technology fields.
Jungheung Construction Group and Jeonnam-Gwangju Integrated Special City signed the agreement as part of the Honam Semiconductor Mega Project.
Quick answers
How much is Jungheung Construction Group donating to the Honam Semiconductor Mega Project?
The group will donate a total of 10 billion won, contributing 2 billion won annually from 2027 to 2031.
What will the donation be used for?
The funds will be used for semiconductor company attraction, expert training, infrastructure research, scholarships and local talent development programs in strategic industries and advanced technology fields.
When was the MOU signed?
The MOU between Jungheung Construction Group and Jeonnam-Gwangju Integrated Special City was signed on the 8th.