Hwaseong City to Redevelop Small-Scale Factory Clusters

Hwaseong City plans to redevelop 68 small-scale factory cluster areas into quasi-industrial complexes.

According to the city on the 25th, as of the end of 2009, 2,176 factories producing assembled metal products, chemical plastics, and electrical equipment are concentrated in 68 areas with an area of 3 hectares or more and five or more businesses, employing 22,365 workers.

These businesses generate annual sales exceeding 3.352 trillion won; however, they have faced significant difficulties due to insufficient infrastructure in factory cluster areas.

In response, the city is pursuing a plan to redevelop small-scale factory clusters into quasi-industrial complexes through private-sector development proposals.

The city plans to support national funds in accordance with related laws when upgrading infrastructure on existing factory sites, while also supporting increases in floor-area ratio and building-coverage ratio (20%).

The city is currently pursuing redevelopment through private-sector proposals in five districts: Yangseam Sichangri District (8 businesses), Paltan Yurlam District (5 businesses), Bukyang-dong District (30 businesses), Paltan Gujang District (15 businesses), and Paltan Haje District (12 businesses).

Going forward, the city plans to progressively expand by designating six redevelopment districts (84 businesses) next year, nine districts (126 businesses) in 2013, and 10 districts (140 businesses) in 2014.