60% of Gyeonggi Residents Say They Are "Well Aware" of the Province's Efforts to Attract Three Major Development Projects

[Suwon Ilbo = Reporter Kim A-hyun] According to a survey, six out of every 10 residents of Gyeonggi Province view Gyeonggi Province's efforts to attract major development projects, including the SK Hynix semiconductor cluster, "positively."

The province commissioned K-STAT Research to conduct a "Provincial Policy Issue Survey" involving 1,000 residents aged 19 and over in the province. According to the survey results released on the 2nd, 59% of respondents said the province is making efforts to attract large-scale private sector development projects such as a semiconductor cluster in Yongin, an international theme park in Hwaseong, and K-Culture Valley in Goyang.

In this survey, public interest in recent news of the province's attraction of major development projects was also high.

More than half of residents (55%) were aware of news about attracting the Yongin semiconductor cluster, while relatively high awareness rates were also recorded for the Hwaseong international theme park development (42%) and the Goyang K-Culture Valley project (30%).

Residents' expectations for the outcomes of large-scale development projects, including economic revitalization and job creation, were also found to be very high. Among these, expectations that the semiconductor cluster project will achieve success reached as high as 76%, while positive outlook on the Hwaseong international theme park development (62%) and the Goyang K-Culture Valley project (60%) were also very high.

When asked about the most necessary measures to actively attract large-scale development projects to the northern Gyeonggi region, residents prioritized "improved transportation environment for convenient parts procurement" (26%) and "securing a talent pool capable of stable employment" (21%). Other demands included "tax incentives for investing companies" (14%) and "expansion of greenbelts release" (11%).

A considerable majority of residents (85%) expressed support for returning corporate profits generated from large-scale development projects to local living infrastructure such as libraries and museums.

This survey was conducted on the 18th of last month targeting 1,000 Gyeonggi residents aged 19 and older through telephone interviews, with a sampling error of ±3.1%p at a 95% confidence level.

Kim Ha-na, head of the Investment Promotion Division at the province, stated, "To ensure that the high interest and expectations of provincial residents regarding Gyeonggi Province's efforts to attract major development projects translate into tangible achievements, we will make our utmost efforts to promote smooth project implementation by eliminating unnecessary regulations."

Meanwhile, the Yongin semiconductor cluster is a project in which the province has attracted approximately 122 trillion won in investment from SK Hynix for semiconductor production and research facilities, and is planned to be developed into a large-scale collaborative semiconductor cluster with over 50 domestic and international partner companies.

The Hwaseong international theme park is scheduled to be developed by a Shinsegae Property consortium investing approximately 4.57 trillion won into a world-class theme park capable of competing with Universal Studios Singapore and others. The Goyang K-Culture Valley will receive investment of approximately 1.7 trillion won from a CJ E&M consortium and will feature commercial facilities, performance venues, hotels, and theme parks.