Gwangmyeong City Recognized for Potential as Future Advanced Industry Hub

[Suwon Ilbo=Reporter Yu Je-seong] The 'Gwangmyeong-Siheung Techno Valley Development Project' has been selected as one of the nation's 100 top regional development projects with high investment value.

Gwangmyeong City received a certificate for 'Korea's 100 Regional Investment Promising Projects' at the '2025 Innovation Growth Forum' held at Lotte Hotel in Sogong-dong, Jung-gu, Seoul on the morning of the 20th.

'Korea's 100 Regional Investment Promising Projects' is an initiative to promote regional investment and job creation by identifying investment-qualified projects from local governments across the country and promoting them to private investors including major corporations and mid-sized enterprises. It was jointly hosted by Maeil Economic TV and the Korea Public Administration Research Institute.

Expert committees conducted comprehensive evaluations of 15 items including project appropriateness, infrastructure support, and business support, resulting in the priority selection of 50 projects, which includes the Gwangmyeong-Siheung Techno Valley.

The Gwangmyeong-Siheung Techno Valley, spanning 2.45 million square meters, is a key industrial complex in the southwestern capital region with proximity to Seoul, excellent transportation accessibility, and abundant industrial connectivity.

In particular, its extensive industrial ecosystem connectivity was highlighted as a major strength. It has excellent accessibility to information and communications technology (ICT) industry centers such as G-Valley, Yeouido, Pangyo, and Gangnam, and connects to the semiconductor belt running from Suwon–Pyeongtaek–Yongin–Icheon, as well as the automobile and electronic components ecosystem running from Hwaseong–Pyeongtaek–Cheonan–Asan. With the ability to link with traditional manufacturing bases in Incheon and Ansan, the location offers extensive industrial ecosystem collaboration potential.

Such geographic and industrial advantages are evaluated as demonstrating the potential for Gwangmyeong-Siheung Techno Valley to grow as a new hub for future advanced industries.

At the event, Mayor Park Seung-won of Gwangmyeong City attended in person and received the certificate.

Mayor Park stated, "The selection of Gwangmyeong-Siheung Techno Valley as a regional investment promising project at a time when major corporations such as Hyundai Motor Group, Samsung, LG, and SK have declared plans to expand large-scale domestic investments is official recognition of the project's competitiveness and growth potential," and added, "We will foster it as an innovation hub for capital region research and development (R&D) by creating advanced industry clusters in future mobility, artificial intelligence, robots, and more."

With increased corporate interest following the selection as a regional investment promising project, future investment attraction is expected to gain further momentum. The city plans to strengthen external promotion and investment attraction activities for the Techno Valley project accordingly.

The Korea Public Administration Research Institute will additionally select 50 more projects in January of next year, produce a white paper containing the final 100 projects, and distribute it to major and mid-sized corporations in the country.

Meanwhile, the Gwangmyeong-Siheung Techno Valley is being jointly developed by the Korea Land and Housing Corporation (LH) and the Gyeonggi Housing and Urban Development Corporation (GH), and is being pursued with a target completion date of 2026.