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On April 16 , Wuxi High-tech Zone and LG Chem signed a strategic cooperation agreement, and the LG Chem China Technology Center project was successfully settled.
On April 16 , Wuxi High-tech Zone and LG Chem signed a strategic cooperation agreement, and the LG Chem China Technology Center project was successfully settled.
The LG Chem China Technology Center project signed this time has a total investment of approximately US$ 30 million, a registration of US$ 28 million, and a land area of 13 acres .
Huang Qin congratulated the successful signing of the strategic cooperation agreement, thanked LG Group and LG Chem for their long-term care and support for the development of Wuxi, and briefly introduced the relevant situation in Wuxi.
He said that after long-term open cooperation, Samsung, LG , SK and other world-renowned Korean consortiums have come in, and Wuxi has become one of the most influential and competitive " Korean capitals " in China.
Huang Qin said that the signing of the strategic cooperation agreement this time marks a new level of cooperation between the two parties.
Looking to the future, Huang Qin hopes that both parties will jointly expand new cooperation space, explore diversified cooperation in life sciences, new display and other fields, promote extensive exchanges between Wuxi and LG Group, and introduce more high-quality projects and partners to Wuxi to achieve The development of headquarters and bases in Tin has enabled the two parties to continue their strategic partnership towards a higher level and wider scope.
Wuxi will stick, "is difficult, careful to do" commitment to continue to support the LG Group, LG Chemical in tin career development, deepen comprehensive cooperation between the two sides work together to write a " Road not far from people, people without exotic " of a new chapter in China-ROK friendly.
Xin Xuezhe thanked Wuxi governments at all levels for their support and assistance to LG Chem's development in Tin.
He said that the Chinese government has put forward efforts to achieve carbon neutrality by 2060 and regard green development as an important guide for advancing modernization.
LG Group is one of the three major corporate groups in South Korea.
In 2020, LG Chem's global sales will exceed 28 billion U.
The LG Chem China Technology Center project signed this time has a total investment of approximately US$ 30 million, a registration of US$ 28 million, and a land area of 13 acres .
The project is mainly engaged in the technical development and customer support of LG Chem’s full range of products.
The project is expected to start in July 2021.
Construction will be completed and operated in October 2022 .
At the same time, with the signing of the strategic cooperation agreement between the two parties, Wuxi High-tech Zone will also become a priority investment candidate for LG Chem's future investment locations in China.
