Gyeongnam Province and Hapcheon County Redesignate Land Transaction Permission Zone for Gyeongnam Western General Industrial Complex

[Asia Economy Yeongnam Reporting Headquarters Reporter Hwang Choi Hyun-joo] Gyeongnam Province announced on the 6th that it will re-designate an area of 3,291㎡ in Ssangbaek-myeon and Samga-myeon, Hapcheon-gun, the planned site for the Gyeongnam Western General Industrial Complex, as a permitted zone for land transaction contracts for two years after review by the Urban Planning Committee.

The ‘Gyeongnam Western General Industrial Complex’ is a project supported by 85.4% of Hapcheon residents, as evidenced by the nationwide petition signature campaign, and since it is a project suitable for the sustainable development trend of clean energy development, the permitted zone has been re-designated for two years to facilitate smooth project progress.

The details of the re-designation of the land transaction contract permitted zone can be viewed on the website announcement and at the Future Strategy Division of Hapcheon-gun.

Within the permitted zone, land transactions exceeding the following areas?▲residential area 180㎡ ▲commercial area 200㎡ ▲industrial area 660㎡ ▲green area 100㎡ ▲other areas 90㎡?require obtaining permission for the land transaction contract from the city or county where the land is located before applying for ownership transfer registration.

Yoon In-guk, Director of the Urban Transportation Bureau of Gyeongnam Province, said, “The smooth establishment of the Gyeongnam Western General Industrial Complex is expected to contribute to the revitalization of the regional economy in the western part of Gyeongnam.”

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