Suwon Mayor Lee Jae-joon, "I will support development of North Suwon Techno Valley"

[Suwon Ilbo=Reporter Jung Jun-sung] Suwon Mayor Lee Jae-joon said, "As an urban planning expert, I will mobilize my experience and Suwon City's urban development capabilities to support the development of North Suwon Techno Valley."

Mayor Lee made the remarks at a media briefing on 'Gyeonggi North Suwon Techno Valley development,' held in the briefing room of Gyeonggi Province Government Office on the 26th. He stated, "Suwon City is positioning itself as an 'advanced science city' for the future," and added, "I will consolidate the capabilities of Suwon City, Gyeonggi Province, and Gyeonggi Housing & Urban Development Corporation to ensure that the North Suwon Techno Valley development project, which has been my long-cherished goal, proceeds smoothly."

Mayor Lee said, "I will create a 'circular cluster' so that existing industrial hubs such as Gwanggyo Techno Valley and Delta Plex in Gosaek-dong achieve co-growth with newly developed complexes, transforming all of Suwon City into a vibrant space." He added, "North Suwon Techno Valley is expected to play a central role in advanced technology industries such as AI (artificial intelligence)."

Meanwhile, at the briefing, Gyeonggi Province Governor Kim Dong-yeon announced plans to develop the Gyeonggi Province Talent Development Institute site as the 'Gyeonggi-North Suwon Techno Valley.'

The 'Gyeonggi-North Suwon Techno Valley' plan involves investing approximately 476,000 square meters of the Gyeonggi Province Talent Development Institute site to Gyeonggi Housing & Urban Development Corporation (GH) for development as a 'work-live-integrated techno valley.' The plan includes collecting opinions through public hearings and corporate demand surveys, announcing building plans by year-end, commencing construction next year-end, and completing the project by the end of 2028 to coincide with the completion of the Indeokwon-Dongtan Railway.

Governor Kim said, "We plan to attract future-opening industries such as AI (artificial intelligence), semiconductors, health and bio, energy, games and culture, and universities to North Suwon Techno Valley," and added, "We will establish a venture, startup, and innovative entrepreneurship ecosystem centered on anchor companies."