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Yeongju City has signed a KRW 30 billion agreement with Korea Fine FT to construct a health functional food manufacturing plant in Punggi-eup, set to create 200 jobs between 2026 and 2030. The project involves relocating and expanding existing operations from Pyeongtaek, aiming to boost the local food manufacturing industry and support agriculture by utilizing local products. This investment is part of Yeongju's strategy to attract investments and counter population decline, alongside recent agreements for a carbon-free power project and a defense industry complex.