Suwon Mayor Lee Jae-jun, "Develop Suwon as Korea-Style Silicon Valley, Create a City Where Cutting-Edge Companies Want to Locate"

[Suwon Ilbo=Reporter Jung Jun-sung] Suwon Special City Mayor Lee Jae-jun announced, "I will develop Suwon as a Korea-style Silicon Valley to make it a city where cutting-edge companies want to locate and transform it into an advanced science city."

At a New Year's briefing held on the 3rd at the City Hall conference room to welcome the new year of the Year of the Dragon, the mayor disclosed economic revitalization and corporate attraction and support plans and emphasized, "The ultimate goal is to integrate Tapdong Innovation Valley, Suwon R&D; Science Park, Seoho and Gosaek districts, and the former site of Suwon Military Airport relocation, and designate the western Suwon area as an 'Economic Free Zone.'"

Mayor Lee Jae-jun stated, "Congestion Adjustment Zone regulations are not suppressing 'congestion' in the Seoul metropolitan area but rather inhibiting 'growth,'" and said, "Easing Congestion Adjustment Zone regulations will be a foundation for eliminating reverse discrimination and enhancing national competitiveness." He added, "I will make every effort to ensure that tax rates imposed on companies in the Congestion Adjustment Zone are readjusted and that the Capital Region Readjustment Planning Act is revised rationally."

The mayor said, "I will devote all efforts this year to economic revitalization and corporate attraction and support," and presented economic revitalization measures including △full efforts to ease Congestion Adjustment Zone regulations △western Suwon development △three major alley new deal △Suwon Business New Light Fund △small and medium-sized enterprise companion support projects.

The three major alley new deal expands the Suwon New Light Care project to all districts and implements projects such as the 'New Light House Repair Project' and 'Pocket Garden Creation Project' to revitalize the alley economy.

Mayor Lee Jae-jun then reiterated his proposal to Hwaseong City and its citizens to establish the 'Gyeonggi International Airport Public Deliberation Committee,' a citizen communication and consensus-building body for Gyeonggi International Airport construction.

The mayor said, "Establishing the Public Deliberation Committee will be an opportunity for Hwaseong City and Suwon City to restore trust and resolve conflicts," and announced, "I will enter into dialogue with a heart of empathy that prioritizes the position of Hwaseong City."

He also said, "Over the past year and a half, I have worked hard to plan and prepare to create an 'economic special city' and a 'new Suwon,'" and stated, "2024 will be a year to smoothly implement what we have prepared so far, work together with citizens, and achieve results."