SEOUL, SOUTH KOREA, November 2, 2019 — Boeing, the world’s largest aircraft manufacturer, opened its seventh overseas BR&T Research Center in Seoul that studies the cutting-edge aerospace technologies for the next generation. Boeing announced a plan to recruit highly qualified talents for the research on the fourth industrial revolution field including autonomous flight, artificial intelligence, avionics, mobility platform, smart cabin and smart factory by 2022.
Founded in Seattle, Washington, the United States, Boeing is one of the top three aerospace companies in the States. It celebrated its 100th anniversary in 2016.
Boeing is running BR&T Research Centers in overseas countries, including Australia, Brazil, Russia, and India in addition to five research centers in the States. The Seoul Metropolitan Government and Boeing signed a memorandum of understanding in September 2018 about establishing the BR&T Research Center in Seoul.
BR&T Research Center Korea is expected to make a great contribution to the development of the domestic aerospace industry through collaboration with domestic companies and joint research and development with universities as well as tech research on the field of the fourth industrial revolution, which will be applied to the next generational cutting-edge aerospace area.
Attracting the BR&T Research Center Korea by the Seoul Metropolitan Government is a good example of a “greenfield” style of foreign investment, which has a significant effect on job creation and the transfer of advanced technology. In the “greenfield” investment, international companies invest to secure land, establish a factory or business space, and create jobs on its own.
Boeing will host the opening ceremony of the BR&T Research Center Korea in ASEM Tower, where the Center is located, from 6 pm on November 1. CEO Eric John of Boeing Korea, the Minister of Trade, Industry and Energy of Korea, and Harry Harris, the United States Ambassador to the Republic of Korea will attend the ceremony.