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Home > Business

Daejeon City, A Business-Friendly City, Secures 51.2 Billion Won in Investments

KO YONG-CHUL Reporter / Updated : 2025-03-21 08:49:20
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- Signs Agreements with 6 Promising Domestic Companies… Creating Over 167 Jobs -
- Since the Launch of the 8th Popularly Elected Administration, 91 Companies Have Pledged 2.4794 Trillion Won in Investments, Expected to Create 4,729 Jobs -

Six promising domestic companies have decided to invest a total of 51.2 billion won in Daejeon, promising to create over 167 new jobs.

Including this latest investment attraction, Daejeon City has secured a total of 2.4794 trillion won in investments from 91 domestic and international promising companies since the launch of the 8th popularly elected administration, along with the anticipated creation of 4,729 jobs, further solidifying its position as a business-friendly city.

On the 19th, Daejeon City held a memorandum of understanding (MOU) signing ceremony with the six promising domestic companies in the mid-sized meeting room at City Hall, pledging full administrative and financial support to ensure the companies’ stable settlement and growth.

The signing ceremony was attended by Daejeon Mayor Lee Jang-woo, Jeong Ho-young, Secretary-General of the Daejeon Chamber of Commerce and Industry, as well as representatives from the companies: ▲Kim Kyung-ho, CEO of Thecentek Co., Ltd., ▲Kim Jin-hyeok, General Manager of Steplab Co., Ltd.’s Management Support Office, ▲Lee Gil-young, CEO of LN Co., Ltd., ▲Jeon Jae-pil, CEO of L2K Plus Co., Ltd., ▲Heo Eul-hoe, CEO of Tobtech Co., Ltd., and ▲Chae Hee-seong, CEO of Fine SNS Co., Ltd.
The agreement outlines the companies’ relocation to or new investments in Daejeon, along with Daejeon City’s administrative and financial support for smooth investment execution, as well as joint efforts for job creation and regional economic development.

First, three companies will invest in the Ansan Advanced Defense Industry Complex in Yuseong-gu: ▲Steplab Co., Ltd. (CEO Oh Hyun-woong), a venture specializing in space mechanical systems and mechanisms; ▲L2K Plus Co., Ltd. (CEO Jeon Jae-pil), a company in the laser optics field focusing on laser processing machines and modules; and ▲Tobtech Co., Ltd. (CEO Heo Eul-hoe), a developer and manufacturer of underwater weapon systems.

In the Taprip and Jeonmin Industrial Complexes, ▲Thecentek Co., Ltd. (CEO Kim Kyung-ho), a company engaged in 3D printing product design and modeling, 3D printing material manufacturing, and the production of metal separators for hydrogen fuel cells based on AIP (Arc Ion Plating) coating technology, will establish its presence.

In the Dunggok Industrial Complex, ▲LN Co., Ltd. (CEO Lee Gil-young), a company specializing in special welding and precision machining for military, space, and aviation industries, will make its investment.

In the Pyeongchon General Industrial Complex in Seo-gu, ▲Fine SNS Co., Ltd. (CEO Chae Hee-seong), an electrical and electronic component defense-tech company, will invest to expand its mass production capabilities for developed products.

During the event, the representatives of the six companies stated, “With this MOU as a stepping stone, we will strive to grow continuously in Daejeon, contributing to the creation of quality jobs and the revitalization of the local economy.”

In response, Daejeon Mayor Lee Jang-woo said, “I deeply thank the company representatives for their bold investment decisions, trusting in Daejeon’s potential despite fierce global competition and an uncertain economic environment. Daejeon will not just be a city where companies reside, but the best business city where they can grow together and leap onto the global stage. We will spare no effort in providing full support to turn the future envisioned by these companies into reality.”

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