Coupang announced the withdrawal of the construction of the Hamyang-gun Logistics Center

Reporter Paul Lee / approved : 2023-04-16 18:27:27
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This article is translated by AI company Flitto and Alhpa Biz neural machine translation technology
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[Alpha Biz=(Chicago) Reporter Paul Lee] According to the distribution industry on the 14th, Coupang announced the withdrawal, claiming that Hamyang-gun failed to fulfill the agreement originally promised. Hamyang-gun said it was canceled due to Coupang's unilateral withdrawal notice.

Hamyang-gun has begun preparations under the expectation that the Coupang Logistics Center will bring about population inflow and revitalization of the local economy as it is expected to hire at least 300 new people.

Hamyang-gun has also steadily prepared support measures for future operations, such as providing subsidies for obtaining certificates to foster new manpower needed to operate the logistics center.

However, Coupang broke the contract, saying that it was difficult to continue building a logistics center due to the failure of the military's initial agreement and broken mutual trust. Coupang said it was difficult to trust the military's willingness to implement the business agreement because there were cases where the business agreement (MOU) was terminated and the investment plan was delayed due to the military's poor land ownership management.

In response, a Coupang official explained, "We have been pushing for large-scale investments on the premise of mutual trust, but the initial agreements have not been implemented, which inevitably led to a decision to terminate the agreement."

 

Alphabiz Reporter Paul Lee(hoondork1977@alphabiz.co.kr)

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