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Samgi signed an investment agreement with Daegu City to establish an electric vehicle parts manufacturing plant in the Daegu National Industrial Complex, with a total investment of 94.8 billion KRW. Construction is scheduled to begin in January 2024, with mass production starting by the end of 2024.
“Samgi plans to invest 94.8 billion KRW in a new manufacturing plant on a 40,962㎡ site in the second phase of the Daegu National Industrial Complex.”asiae.co.kr
Summarized from public sources; check the original articles before acting on it.