Samsung to invest $7.04 bn in wetland green town

Posted by Washington Post: Juliet Eilperin on April 30th, 2011
Independent: South Korea's largest business group Samsung signed an initial deal Wednesday to invest $7.04 billion in a state project to build a green energy complex on reclaimed wetland. Samsung signed a memorandum of understanding with the government to spend 7.6 trillion won ($7.04 billion) on the construction of eco-friendly production facilities from 2021, the prime minister's office said. The government will provide full administrative support plus a plot at the reclaimed Saemangeum wetland area on......

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