Osan City "Private dividend profits from Unam Plain development will be recovered without delay"

[Suwon Ilbo = Reporter Jung Jun-seong] On the 18th, Osan City announced that regarding the 'Unam Plain AI City Development Project,' since a recovery plan has been established from the outset, all dividend profits from private business operators resulting from the development will be recovered.

Osan City made this statement in response to suspicions raised recently that the project is similar in form to the Daejang-dong development project in Seongnam, and also announced that the project will proceed without delay, including reasonable land compensation.

An official from Osan City stated, "The Unam Plain AI City development is being promoted with complementary measures established to return all dividend profits generated by private business operators during site development," and emphasized, "The concentration of private business operator profit distribution, which has become a social issue, does not apply to Unam Plain development."

The official said, "The public-private joint urban development method is a project method prescribed in relevant laws to be applicable to large-scale urban development projects such as residential site development projects, urban development projects, and industrial complex development that are difficult to promote through public development methods by investing municipal budgets," and stated, "Many projects are being carried out across the nation using the public-private joint development project method, and it is not appropriate to misrepresent all of them as illegal conduct."

Regarding suspicions raised by political figures and some relevant parties, the official mentioned, "A significant portion of the concerns raised about Unam Plain development are exaggerated, and we have provided clarification through various channels. These are matters that can be resolved if detailed explanations are heard and objective judgments are made."

Mayor Kwak Sang-wook stated, "While there are concerns in the local community about Unam Plain development, we will promote this project transparently and substantively without any suspicion, making it a definite opportunity for Osan City to take a step forward," and requested cooperation, saying, "In particular, we will make every effort to ensure that reasonable compensation is provided to landowners incorporated into the Unam Plain AI City development project."