Jeonnam Province Officially Begins Development of 'Muan Aviation Specialized Industrial Complex'

Scheduled to Start Construction in August and Complete in 2022

[Asia Economy Honam Reporting Headquarters Reporter Yoon Jamin] Jeonnam Province is set to fully launch the development of the 'Muan Aviation Specialized Industrial Complex.'

According to Jeonnam Province on the 30th, following the recent approval and announcement of the Muan Aviation Specialized Industrial Complex plan, construction is scheduled to begin in August and be completed by 2022.

The project implementer, Muan County, has currently secured 76% of the land included in the industrial complex.

This industrial complex development was carried out after the Ministry of Land, Infrastructure and Transport approved the industrial complex designation plan last year, followed by consultations with related agencies on environmental impact assessments and reviews by the provincial industrial complex planning committee.

In particular, the province shortened the industrial complex permit period, which usually takes more than 1 to 2 years, to 9 months through expedited administrative processing.

The Muan Aviation Specialized Industrial Complex will be developed on a 350,000㎡ site in the Piseori area of Mangun-myeon, with an investment of 44.8 billion KRW. It boasts a superior location adjacent to Muan International Airport and the Muan Airport Station on the Honam High-Speed Railway, scheduled to open in 2025.

Accordingly, once the industrial complex centered on the aviation maintenance industry linked with Muan International Airport is established, it is expected to foster talent with advanced maintenance skills, secure large-scale jobs through attracting related companies, and generate stable profits.

Six companies related to aircraft maintenance and flight services have already signed agreements, ensuring no issues with leasing, and the project is predicted to create employment for about 3,000 people.

A Jeonnam Province official stated, “We will take a step further in realizing the Blue Economy project, including job creation, by establishing a specialized industrial complex for maintenance, repair, and disassembly/reassembly to support the safe operation and performance improvement of aircraft.”

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