South Korean cultivated meat developer SeaWith has announced a $14.9 million investment to establish a 400-ton production facility in Uiseong County, North Gyeongsang Province, with plans to obtain GMP certification by 2027. This facility will produce cell-cultured food and aims to expand annual capacity to 1,200 tonnes after 2027, facilitating global exports and creating 46 jobs. SeaWith's memorandum of understanding with local government officials, signed on November 6, aligns with Uiseong's vision to become a global hub in the food industry.
Additionally, Ograe Agricultural Corporation will invest $19 million to build a new plant in the same area, consolidating its existing Seongju County operations and creating 37 jobs. Both projects, totaling $33.9 million in investments and combining to provide 83 jobs, were announced during the launch of Uiseong Biofood Valley, the first dedicated industrial complex for food production in North Gyeongsang. Alongside this, a $10.8 million research support center for cell culture food technology is also under construction, aiming to enhance innovation in the region’s burgeoning cultivated food sector.
*This summary was generated using AI.
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