Changwon City Strictly Limits Parcel Subdivision in Changwon National Industrial Complex

Reflected in the National Industrial Complex Basic Plan ... Proposal to Central Ministries for Amendment of Higher Laws

The view of Changwon National Industrial Complex. (Photo by Changwon City)

[Asia Economy Yeongnam Reporting Headquarters Reporter Hwang Choi Hyun-joo] On the 27th, Heo Seong-mu, mayor of Changwon City, announced that the division of land parcels will be strictly restricted in response to labor groups' concerns that the Changwon National Industrial Complex could become a hotbed for real estate speculation.

The "Ordinance on the Construction and Support of Knowledge Industry Centers within Changwon National Industrial Complex" was amended on the 23rd through the initiative of 36 members of the Changwon City Council.

The main amendment deleted the clause that restricted the construction of knowledge industry centers within 5 years after dividing industrial land parcels when the industrial land area is 10,000㎡ or more, or when the combined adjacent industrial land area is 10,000㎡ or more.

According to the city, under the Changwon National Industrial Complex Management Basic Plan, industrial land parcels of 10,000㎡ or more can be divided into up to three parcels, and the minimum division area including shared ownership must be at least one-fourth of the industrial land area before the initial division.

However, if the land shape is unique and there is a valid reason such as corporate management improvement, only industrial land parcels of 66,000㎡ or more require consultation between the management agency and the local government head.

The city plans to hold strategy meetings with related organizations such as the Korea Industrial Complex Corporation and relevant departments to prepare follow-up measures according to the ordinance amendment, and to gather opinions by holding public forums to address concerns raised by labor groups.

Furthermore, specific details regarding the construction of knowledge industry centers will be proposed to the Ministry of Trade, Industry and Energy.

Ryu Hyo-jong, Director of the Smart Innovation Industry Bureau of Changwon City, said, "We will do our best to innovate the Changwon National Industrial Complex into a new manufacturing advanced complex integrated with digital and smart technologies," and added, "We will promptly prepare measures that satisfy both labor and business communities regarding the concerns about side effects."

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