# KAI to invest ₩68.7B in new factory in Goseong, South Korea

Korea Aerospace Industries (KAI) announced a ₩68.7 billion investment to build a new factory in Goseong, South Korea, to enhance civil business competitiveness. The investment period runs until December 2020.

- Type: New facility
- Announced: 2019-05-13
- Where: Goseong, South Gyeongsang Province, South Korea
- Value: $58.0M (68.7B KRW)
- Starts operating: 2020
- Status: announced
- Products: aerospace components
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Korea Aerospace Industries](https://endata.com/companies/2831.md)

## Sources

- [yna.co.kr](https://www.yna.co.kr/view/AKR20190513151800008), 2019-05-13: "한국항공우주산업은 경남 고성 공장 신축에 687억원을 투자하기로 결정했다고 13일 공시했다."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.