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Busan-Jinhae (BJFEZ)   |  [BJFEZ] Completion of Pre-cut Wood Processing Plant by The Nice Corporation of Japan

On September 19, The Nice Corporation (South Korean subsidiary of Suteki Nice Group,  Japanese global wood construction materials
production company) held a ceremony to commemorate the completion of a pre-cut wood production plant at its site in Ungdong
District of Busan-Jinhae Free Economic zone.

Since 2013 when it was established in South Korea, The Nice Corporation has operated a general distribution center on 33,000 m2 of land.
The company has now completed this new pre-cut wood processing plant on a 23,000 m2 site to serve as a base for selling to the South
Korean wood-housing market and to export it overseas.

In his congratulatory speech at the ceremony, Commissioner Jin Yanghyun expressed his encouragement and praised for The Nice
Corporation’s global business model because it takes advantage of access to New Busan Port’s excellent location to import raw materials
rom around the world, including Europe and North America, and then process them through the pre-cut wood processing plant into a wide
range of high-value products.