Gyeonggi Province Completes 1.11 Million Pyeong of Industrial Complexes This Year

Gyeonggi Province announced on the 27th that it will complete five local industrial complexes totaling 1.11 million pyeong this year.

The complexes being completed are Suwon Suwon Complex (87,000 pyeong), Pyeongtaek Hyungok Complex (220,000 pyeong), Hwaseong Banan Complex (555,000 pyeong), Hwaseong Jangan 1 Complex (182,000 pyeong), and Paju Osan Complex (70,000 pyeong).

Once all these industrial complexes are fully completed by the end of this year, the number of local industrial complexes in the province will increase from 40 complexes covering 3.531 million pyeong to 45 complexes covering 4.641 million pyeong.

The province also plans to newly designate industrial complexes covering 605,000 pyeong across seven regions this year: Suwon Suwon 2 Complex (36,000 pyeong), Namyangju Palya Complex (79,000 pyeong), Pyeongtaek Seotanq Complex (218,000 pyeong), Anseong Gaejeong Complex (63,000 pyeong), Osan Gajang 2 Complex (70,000 pyeong), Yeoju Gangcheon Complex (18,000 pyeong), and Yeoncheon Baekhak Complex (121,000 pyeong).

Meanwhile, to reduce the initial burden on incoming companies, the province plans to support 5.7 billion won, which is 50% of public facility project costs including roads, green spaces, and water and sewage systems in the Paju LCD Complex and Osan Gajang Complex.