[Photo] Aekyung Group Establishes Comprehensive Technology Institute in Songdo

On the afternoon of the 21st at Incheon Metropolitan City Hall, Lee Yoon-kyu, CEO of Aekyung Industrial (from left in the photo), Ahn Jae-seok, CEO of AK Holdings, Park Nam-chun, Mayor of Incheon Metropolitan City, Lee Won-jae, Director of Incheon Free Economic Zone Authority, and Lim Jae-young, CEO of Aekyung Petrochemical, took a commemorative photo after signing an investment contract for the establishment of Aekyung Group's Songdo Comprehensive Technology Center (tentative name). On the same day, Aekyung Group signed a contract to purchase a 28,722㎡ site located in Zone B of the Advanced Industry Cluster in Songdo International City, Incheon Free Economic Zone, for 34.5 billion KRW. The Comprehensive Technology Center, jointly invested by Aekyung Petrochemical and Aekyung Industrial at a 60:40 ratio, is planned to have a total floor area of 43,000㎡ and aims for completion in the second half of 2022.