President says Hyundai’s Saemangeum bet will reshape southwest economy

President Lee Jae Myung said Hyundai Motor Group’s more than $6 billion plan to build an innovation growth hub on reclaimed land in North Jeolla Province could “completely reshape the economic map” of South Korea’s southwestern region. Lee attended an investment signing ceremony on Friday, as Hyundai unveiled a 9 trillion won ($6.26 billion) plan to build a suite of advanced facilities encompassing artificial intelligence, robotics and clean energy in Saemangeum, home to Korea’s largest land rec

By The Korea Herald