Economy of Mokpo

Initial owner of heavy industries had been Halla group, of which possession was taken over by Hyudai heavy industries to change its name adding regional term "Samho" meaning three lakes. The announcement of bankruptcy largely called for deep concerns over large-scale lay-off and loss of regional profits for shop owners. The serious worries was slided by the M&A to heighten stability of business. Meanwhile, profits of complex amounted to more than $ 0.46 bn, accelerated about 25% from that of 2006.

South Jeolla province succeeded to attract series of investors for renewable energies like solar panels. In industrial complex, Innovation silicon ltd, overtook the projects for building silicon producing complex of 10 bn won. The city required more investment for preparing for holding industrial factories in Daeyang dong area.

Companies