Coupang will invest more than 100 billion won in establishing a new distribution center as the first domestic investment since listing on the New York Stock Exchange.
On the 26th, Coupang announced that it has signed a memorandum of understanding (MOU) with Jeollabuk-do and Wanju-gun for the establishment of a new distribution center.
The ceremony was attended by Jeollabuk-do Governor Song Ha-jin, Park Seong-il, Wanju County Assemblyman, Ahn Ho-young, and Park Dae-jun, CEO of Coupang’s new business division, and promised to join forces to vitalize the local economy and create jobs.
According to the MOU, Coupang plans to invest more than 100 billion won to establish a new logistics center in Wanju. Coupang Wanju Logistics Center, which is close to 100,000 square meters of land, is expected to become the largest distribution center in Jeonbuk, excluding port warehouses and bonded warehouses.
Coupang expects to create more than 2,000 new jobs. The plan is to hire local residents first and close the employment gap according to gender and age.
To date, Coupang has established more than 100 independent distribution centers in 30 cities nationwide.
“As in the case of Wanju-gun, Coupang’s priority is always to invest in the local economy and create new jobs throughout the country,” said Park Dae-jun, CEO of Coupang New Business Division. “By attracting global funds through Coupang’s IPO It is possible to greatly expand investment in the region and joint growth with the local community.”
Reporter Baek So-yong [email protected]
[ⓒ 세계일보 & Segye.com, 무단전재 및 재배포 금지]