Pyeongtaek Poseung District Site Development Construction 'Completed'

Pyeongtaek Poseung District Panorama

[Asia Economy (Pyeongtaek) = Reporter Lee Young-gyu] The land development construction for the Pyeongtaek Poseung (BIX) district in Gyeonggi-do has been completed.

The Gyeonggi-do Hwanghae Free Economic Zone Authority announced on the 6th that the land development construction (civil engineering work) for the Pyeongtaek Poseung (BIX) district was completed at the end of last year, enabling smooth entry of companies into the district.

Accordingly, the Hwanghae Economic Authority plans to complete the handover of infrastructure and the confirmation and allocation of lot numbers this year.

In particular, the Hwanghae Economic Authority stated that as infrastructure construction such as water supply and sewage, roads, electricity, and telecommunications, which are essential for companies to build and operate factories without disruption, has been completed, planting work in green spaces and parks will be finished within the first half of this year.

Hwang Seong-tae, head of the Hwanghae Authority, explained, "The Pyeongtaek Poseung (BIX) district is adjacent to the Seohaean Expressway and National Road 38, and Pyeongtaek Port is located nearby, providing the advantage of smooth overseas logistics movement. Especially, in addition to the existing expressway, the expansion of the metropolitan transportation network such as the 2nd Seohaean Expressway and Seohaean double-track railway makes domestic logistics movement easier."

He added, "The sale price of the Poseung district is relatively low compared to surrounding market prices, making it a very attractive investment location."

The Pyeongtaek Poseung (BIX) district covers approximately 2,049,500 square meters and will include sites for automobile, chemical, electronics, and machinery industrial facilities, logistics facilities, and commercial sites.

This content was produced with the assistance of AI translation services.