Sacheon City Gains Momentum in Aerospace Industry, Attracts 44.0 Billion Won Investment from Three Companies

Job Creation and Local Economic Revitalization Expected Through Strategic Investment Attraction
Acceleration of Aerospace Industry Clustering... Gearing Up to Secure Future Growth Engines

Sacheon City in Gyeongsangnam-do signed investment agreements totaling 44.0 billion won with three companies on the 23rd at the Gyeongsangnam-do Provincial Government Office to drive the future growth of the aerospace complex city.

This agreement is part of Sacheon City's strategic investment attraction efforts to leap forward as the central city of the aerospace industry in the Republic of Korea, and is expected to significantly contribute to strengthening the competitiveness of local industries and creating quality jobs.

The companies participating in the agreement are three in total: Carf Aero (CEO Baek Hyunyong, aircraft parts manufacturing (C31)), DNM Aviation (CEO Hwang Taebu, aircraft parts manufacturing (C31)), and DLHI (CEO Lee Junghak, still and gas generator manufacturing (29176)).

Sacheon-si, 2026 Gyeongsangnam-do Advanced Strategic Projects Investment Agreement Ceremony Group Photo

Carf Aero plans to invest a total of 12.0 billion won to build a new plant in the Jongpo General Industrial Complex by 2026, with a site area of 15,783 square meters and a total floor area of 11,358 square meters. It plans to employ 10 people.

DNM Aviation will invest 15.0 billion won to build new production facilities by 2026 in the Gasan District of the Gyeongnam Space and Aviation Bureau, with a site area of 6,600 square meters and a total floor area of 9,900 square meters. The company plans to employ a total of 10 people.

DLHI will invest a total of 17.0 billion won to build a new plant by 2026 in the foreign investment zone (158, Oegukgibeop-ro), with a site area of 14,195 square meters and a total floor area of 10,959 square meters. It plans to employ 20 people. In particular, the company intends to strengthen its capabilities in manufacturing power plant facilities, including HRSG modules.

An HRSG (Heat Recovery Steam Generator) is a key facility used in heat recovery processes in the industrial plant sector. It is a device that recovers heat from gas turbine exhaust gas to produce steam for power generation. It is known as a core facility in combined-cycle power plants that recycles high-temperature exhaust gas to improve power generation efficiency.

Since the launch of the 8th popularly elected municipal administration, Sacheon City has been achieving continuous results in attracting investment, thereby solidifying its status as a central city of the advanced aerospace industry.

With this large-scale investment agreement as a turning point, the city is expected to accelerate efforts to revitalize the local economy and secure new future growth engines.

Mayor Park Dongsik said, "This investment goes beyond simply building new factories and will become a turning point that elevates the aerospace industry ecosystem in Sacheon to the next level," adding, "We will spare no administrative and financial support so that the city can establish itself as a city that is favorable for doing business and a city where jobs continue to increase."