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Suwon Mayor Lee Jae-jun's First Signed Document: "Attracting Advanced Enterprises Including Large Corporations"

On June 1st, Advanced Biotech Company's "Subsidiary Transfer and Investment Agreement" Scheduled as First Signed DocumentFollowed by Business Visit to Deltaflax Industrial Park After Inauguration to Attract Advanced Enterprises
Lee Jae-jun, the Mayor-elect of Suwon Special City (left), is in conversation with a business executive at Deltaflax. (Photo=Suwon Mayor Transition Committee)
Lee Jae-jun, the Mayor-elect of Suwon Special City (left), is in conversation with a business executive at Deltaflax. (Photo=Suwon Mayor Transition Committee)

[Suwon Ilbo=Reporter Jung Jun-sung] The attraction of advanced enterprises including large corporations, the first priority pledge of Suwon Mayor Lee Jae-jun, is expected to be accelerated with his inauguration.

With the inauguration of the 8th Civilian Administration Suwon Special City Mayor just one day away, the Suwon Special City Mayor Transition Committee (Chairperson Sung Yeol-hak) announced on the 30th that Mayor-elect Lee Jae-jun will process the "headquarters, subsidiary transfer and investment agreement" of the advanced biotech company "SD Biosensor" (CEO Lee Hyo-geun) as his first official signed document after taking office as mayor.

This decision by Mayor-elect Lee Jae-jun reflects the strong commitment of the mayor-elect toward revitalizing the economy of Suwon Special City.

During the election campaign, the mayor-elect emphasized the attraction of 30 advanced enterprises including large corporations as a core pledge and expressed strong determination to achieve it.

Following the passage of the first signed document, Suwon Special City will hold an agreement ceremony between Suwon City and SD Biosensor at the City Hall Situation Room on June 1st for subsidiary transfer and investment. Through this, SD Biosensor plans to construct a global R&D; center in Suwon City, and Suwon City will provide approximately 2,200 pyeong (about 7,260 square meters) across two plots of land.

The mayor-elect has scheduled his first official agenda after the inauguration as a site visit to Sims Bionics, a company located in the Suwon Special City Deltaflax Management Corporation. This reflects the policy to incorporate the voices of companies operating in Deltaflax Industrial Park, which is facing designation as a declining industrial complex, into future Deltaflax renewal and enterprise attraction in the area.

An official from the Suwon Special City Transition Committee stated, "We plan to mobilize all administrative resources of the 8th Civilian Administration to attract advanced enterprises, the top priority of the 8th Civilian Administration Suwon Special City," and added, "We will listen to the voices of field business leaders and create a more dynamic economic city, 'Suwon Special Economic City.'"

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