The Chungju City government has signed investment agreements with promising start-ups companies who begin new businesses in the region, invigorating the local economy, which has stagnated due to the spread of COVID-19 epidemics.
The province and the Chungju City signed an investment agreement worth KWN14.9 billion won with two companies, Mighty Water Co., Ltd. and Cheonam Food Co., Ltd., at the central tower conference room at the Chungju City Hall on June.
The signing ceremony was attended by competent local government officials, including Mayor Cho Kil-hyung of the Chungju City, and corporate officials such as CEO Lee Sang-pil of Mighty Water, Managing Director Kwon Hyuk-seung of the Cheonam Food, and CEO Kim Hyun-soo and Technical Advisor Kim Hyung-il.
Mighty Water is a company that mainly produces household disinfectants, cleaning agents, and deodorants, and has developed a disinfectant-resistant cleanser for the Corona 19 virus, which has recently been continuing. The company has completed registration as a supplier to the UN Procurement Agency and is exploring export markets.
In particular, based on the excellent technology related to cleaning and deodorization at Mighty Water Co., Ltd., the development is expected to play a major role in resolving odor complaints from livestock farms across the country in the future by developing ANNA, a livestock deodorant that has excellent effects in solving the local livestock complaints and problems excrement.