YOUNG IN ENGINEERING signed investment deals with Korea Electric Power Corporation (KEPCO) at KEPCO’s headquarters in Naju, Korea on June 14, 2016. 

 

KEPCO has attracted 200 investors or companies including YOUNG IN ENGINEERING to develop a global energy technology hub called the Bitgaram Energy Valley in Naju, Korea.  Bitgaram is a new city which KEPCO hopes to turn into the center of the local energy industry. The idea is similar to Silicon Valley in the United States, where the only difference is the Silicon Valley focuses on start-ups and technology firms and Bitgaram focuses on the energy sector.

  

This energy valley project began in 2015 and attracted 881 billion won ($791 million).