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The Seoul Metropolitan Government will recruit private businesses to b…

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Name Invest Seoul Date20-01-09 16:20
The Seoul Metropolitan Government will recruit private businesses to build an R&D center in Magok.

An R&D center will be established not by public finance but private businesses, in the Magok Industrial District.
The Seoul Metropolitan Government lowers the land-distribution price to one-third of the market price to ease the financial burden of private businesses.
This may increase the number of small and medium-sized companies moving into the R&D center.