The so-called 'Gwangju job project' has finally received the green light. <br />It paves the way for the establishment of a joint venture with Hyundai Motor. <br />It means South Korea's biggest automaker can build its first factory in the southwestern city in over two decades.<br />The Gwangju City Council will sign the deal this afternoon. <br />The project is garnering a lot of attention as it's the first investment model initiated by a city council instead of the central government. <br />According to the deal,... Hyundai Motor will produce mini-SUVs in Gwangju from 2021. <br />With an annual capacity of 100-thousand vehicles,... it's expected to create 10 to 12-thousand new jobs in the city. <br />
