Suwon Industrial Complex Zone 3 Expands Further

Suwon City is further expanding Suwon Industrial Complex Zone 3 in Gosaek-dong, Gwonseon-gu.

According to the city on the 14th, the expansion area will be 52,638 square meters. The city has commissioned a feasibility study to review land use plans and appropriate industries. The city plans to go through the Capital Region Review Committee in the first half of the year and begin construction in the second half.

Additionally, the city designated the planned industrial complex area as a restricted development permit zone to prevent real estate speculation and unplanned land development.

Once the expansion project is completed, Suwon Industrial Complex Zone 3 will increase from the existing 795,000 square meters to 847,638 square meters.

Suwon Industrial Complex consists of a total of three zones. Zone 1 (287,000 square meters) was completed in June 2006, Zone 2 (123,000 square meters) in December 2008, and Zone 3 in September 2012, respectively.

Suwon Industrial Complex was established as a replacement industrial site after former factory lands such as Hanil Synthetic Fiber in Jowon-dong and SK Chemical's factory site in Jeongja-dong were converted to residential use.