Suwon City and Suwon Urban Corporation Establish Cooperation System for Success of Topdong Innovation Valley Project

[Suwon Ilbo=Reporter Jung Jun-seong] Suwon Special Metropolitan City and Suwon Urban Corporation held a 'Cooperation Agency Meeting for Successful Business Attraction in Topdong Innovation Valley' at the Suwon Urban Corporation conference room on the 1st and discussed cooperation measures.

The Topdong Innovation Valley development project involves creating a multi-purpose business complex focused on R&D (research and development) and advanced enterprises on a 270,000㎡ site in the Topdong area. Following implementation plan approval in April, the project aims to commence construction in the second half of the year. For land supply, the plan is to announce a public call for first-stage advanced business facility sites in the first half of the year, and to announce a bidding notice for second-stage multi-purpose business facility sites in the second half.

The city and Suwon Urban Corporation agreed at the meeting to establish communication channels. They committed to active cooperation by sharing major information related to Topdong Innovation Valley licensing and supply, establishing promotional strategies for land supply, and working together to attract businesses.

A city official stated, "We will make every effort to implement and promote the Topdong Innovation Valley project and attract businesses by coordinating tasks between each department of Suwon City and Suwon Urban Corporation," and "We will develop the Topdong Innovation Valley into an advanced industrial convergence complex representing Western Suwon to lead Suwon City's development."