Hampyeong County and Kumho Tire met at the construction site of the new Kumho Tire factory in the Bitgreen National Industrial Complex, where a 660 billion won investment is underway. The meeting focused on assessing the construction progress and discussing collaboration with the local community.
On September 14, Hampyeong County officials held a meeting with Kumho Tire representatives at the new factory site to discuss the factory's development status and future cooperation plans.
During the meeting, participants shared updates on the construction progress and future timelines, while also addressing administrative support and challenges faced during the project.
They discussed strategies to translate the large corporate investment into tangible economic benefits for the local community, such as job creation and revitalization of local businesses.
Hampyeong County emphasized the importance of expanding cooperation between the company and the community, urging Kumho Tire to actively support the designation of the Bitgreen National Industrial Complex as an RE100 site.
Kumho Tire representatives expressed their commitment to collaborating on the RE100 designation and maintaining ongoing communication with the local community throughout the construction process.
The new Kumho Tire factory will be a large-scale production facility covering approximately 500,000 square meters in the Bitgreen National Industrial Complex.
The first phase of the project will involve an investment of about 660.9 billion won, and once completed, the factory will have an annual production capacity of 5.3 million tires. Construction is currently progressing in phases, with plans for full operation by the first half of 2028.
Hampyeong County believes that the construction of the new factory should not only focus on the building itself but also on ensuring that corporate investments lead to local talent recruitment, improved living conditions, and the attraction of partner companies. The county plans to strengthen its collaboration with Kumho Tire.
As the large-scale production facility becomes operational, it is expected to enhance the industrial concentration of the Bitgreen National Industrial Complex, potentially impacting population influx and local business revitalization. The county aims to continuously identify specific collaborative strategies that allow both the community and the company to grow together.
Lee Nam-o, the mayor of Hampyeong County, stated, “Kumho Tire's investment is expected to play a crucial role in revitalizing the Bitgreen National Industrial Complex and enhancing Hampyeong's future industrial competitiveness. We will provide administrative support to ensure the smooth progress of the factory construction.”
He added, “We will create a collaborative model that allows corporate investment benefits to translate into real advantages for the local community, including local talent recruitment and improved living conditions.”
Meanwhile, the first phase of the Kumho Tire Hampyeong factory project aims to secure a production capacity of 5.3 million tires annually. Kumho Tire plans to gradually construct the factory, with full operations expected to begin in the first half of 2028. Hampyeong County will continue to pursue strategies to activate the Bitgreen National Industrial Complex through attracting businesses and creating jobs linked to the new factory.
* This article has been translated by AI.
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