South Korea ’ s Ssangyong Motor which has returned to normal vehicle production and sales after ending the month - long strike started to speed up its process of securing liquidity via asset sales . According to Ssangyong Motor on Tuesday , the automaker plans to begin public sales on its idle assets of Youngdong Logistics Center and a secondary site at Poseung Industrial Complex within this week . An investor has shown interests in purchasing Youngdong Logistics Center which had suffered two sales failures , while the secondary site at Poseung Industrial Complex is ready for sales procedures upon obtaining approval from mortgagees without any setbacks , explained Ssangyong Motor . Previously , the automaker has sold its 23 , 000 ㎡- sized Bupyeong Plant for 28 billion won ( or $ 23 . 995 million ) , and around 66 , 000 ㎡ -- earlier selected as a primary site - out of the entire Poseung Industrial Complex scaled at 230 , 000 ㎡. As of now , Ssangyong Motor is collecting the remaining balance for Bupyeong plant , while all initial payments as well as balances for the primary site at Poseung Industrial Complex is paid to the automaker . Ssangyong Motor expects to secure more than 100 billion won in cash upon selling Bupyeong Plant , Poseung Industrial Complex , and Youngdong Logistics Center . Raised capital is planned to be mainly used in development and marketing activities of the automaker ’ s compact sport utility vehicle ‘ C 200 ’ scheduled for a release in the first half 2010 . Ssangyong Motor should carry out its final task of merger and acquisition if it successfully finalizes sales procedures of idle sites and acquire permission on its revival plan . [ translated by Eun - jung Kim , edited by JYJ ] [ ⓒ Maeil Business Newspaper & mk . co . kr , All rights reserved ]