2 South Korean companies to invest US$20 million in Nuevo Leon

2 South Korean companies to invest US$20 million in Nuevo Leon

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PESQUERIA – Ciesa Asia Pacific Park, located in the municipality of Pesquería, announced the arrival of two new South Korean corporations: LogisAll and Shinhan.

The plans of these companies are to start operations in the first quarter of 2020 and both of them forecast an investment worth US$20 million, according to information revealed by the Ciesa Asia Pacific Park.

Said companies will be added to the Hyundai Materials investment, which was the first that was established since the start of the industrial park (which is a "Tier 1" that supplies the Asian company).

It is also expected the arrival of suppliers of Kia-Hyundai and Ternium in the coming years at the Ciesa Asia Pacific Park which has a territorial extension of 62.3 hectares divided into 23 industrial lots and 7 commercial lots.

As for the size of these lots, they range from 12,000 to 30,000 square meters.

Source: El Horizonte

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