BJFEZ • Busan Metropolitan City • LX International

Investment MOU for the Logistics Center of LX International

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LX International plans to...

▶ Invest $230 mil. dollars(USD) 

▶ Open eco-friendly logistics center in Jan. 2025 

▶ Create 1,500+ jobs

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Busan-Jinhae Free Economic Zone (BJFEZ) Authority signed an investment memorandum of understanding (MOU) with the Busan City government and LX International to establish an eco-freindly logistics center of LX International.

LX International, established in May this year by the equity spinoff of LG, plans to invest a total of 230 mil. dollars(USD) for its new Logistics Center in the International Logistics City of BJFEZ.