|▲ [provided by Gwangju metropolitan government]|
Yoon Jong-hae(left), chairman of the Gwangju regional council of the Federation of Korean Trade Unions(FKTU), Lee Yong-seop(center), mayor of the Gwangju metropolitan government, and Lee Won-hee(right), president and chief executive officer of Hyundai Motor Co. on January 31 pose for a group photo with holding up their hands together at the signing ceremony of an investment agreement between the Gwangju metropolitan government and Hyundai Motor for the establishment of a joint venture for the production of finished cars at a lower cost. The so-called Gwangju model job creation project finally kicks off over five years of negotiations.
reported by Kim Hak-tae
translated by Kim Sung-jin
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