Gunsan City and MIRAE E&I have formalized an investment agreement during a meeting held at the Gunsan City Hall. The ceremony was attended by Gunsan’s Deputy Mayor, Seung-Bok Lee, Jeonbuk Province’s Investment and Finance Director, Joo-Ha Cha, and 12 other officials, all expressing their hopes for the success of the investment and the establishment of MIRAE E&I’s operations in the region.

MIRAE E&I, a promising SME with extensive experience in renewable energy, is a Korean sensor processing manufacturer. The company specializes in producing photovoltaic junction boxes and tracking device monitoring systems, showcasing exceptional expertise in managing all aspects of power generation systems.

As part of the agreement, MIRAE E&I plans to build a production facility at the Gunsan 2 National Industrial Complex to manufacture photovoltaic junction boxes and EV component parts. This investment is expected to significantly contribute to local economic revitalization and job creation.

Gunsan City officials believe the investment will inject new energy into the region's economy, which has faced challenges in recent years. Leveraging its technological capabilities in the renewable energy sector, MIRAE E&I is anticipated to create more employment opportunities and drive regional economic development. The company also plans to expand its production and R&D efforts in Gunsan, solidifying the city’s position as a hub for renewable energy innovation.

A representative from MIRAE E&I, a Korean sensor processing manufacturer, commented, “We will continue to research and develop innovative and sustainable solutions, ensuring customer satisfaction through stringent quality control, on-time delivery, and thorough after-sales service. By applying our advanced power generation technology, we are committed to achieving outstanding results in the Gunsan region.”

Gunsan Deputy Mayor Seung-Bok Lee added, “Gunsan City will provide comprehensive administrative and financial support to ensure companies can focus entirely on their production activities. We are committed to transforming Gunsan into South Korea’s leading hub for renewable energy.”

With this investment, MIRAE E&I is expected to boost local economic growth, advance renewable energy technologies, and generate new job opportunities. The company’s robust expertise in factory automation and sensor processing also positions it to make significant contributions to the broader industrial landscape. MIRAE E&I’s renewable energy initiatives, including the application of eco-friendly technologies such as solar and wind energy, are poised to propel Gunsan to the forefront of the green industry.

Looking ahead, MIRAE E&I aims to further concentrate on developing technologies related to renewable energy, including electric vehicle components. Strengthened by this investment agreement, the company plans to deepen its collaboration with Gunsan City and uphold its commitment to growing alongside the local community.