Development of a 330,000㎡ General Industrial Complex in Beopwon-eup, Paju

[Asia Economy (Suwon) = Reporter Lee Young-gyu] A general industrial complex covering 330,000㎡ will be established in Beopwon-eup, Paju, Gyeonggi-do.

Gyeonggi-do announced on the 19th that it had issued an approval notice for the change of the industrial complex plan for the 'Paju Beopwon 2 General Industrial Complex' on the 18th.

The Paju Beopwon 2 General Industrial Complex is a development project promoted by Beopwon Industrial City Development Co., Ltd. to promote industrial agglomeration and revitalize the economy of the northeastern Gyeonggi region, including Paju.

The project implementer applied for approval of the industrial complex plan change to Gyeonggi-do in December 2018 by adjusting the targeted industries and land use plans to ensure the successful operation of the industrial complex through attracting sound companies.

With this approval, a total project cost of 108.6 billion KRW will be invested in a site of 330,258㎡ in Daeneung-ri, Beopwon-eup, Paju City, and site development, access roads, parks, and green spaces will be completed by 2021.

In particular, 11 industries including food products, textiles, and furniture will be focused on for attraction.

The province expects that the operation of the industrial complex will create 1,800 jobs and induce a production effect of 500 billion KRW.

An official from the province stated, "This approval of the industrial complex plan is expected to accelerate the early establishment of the industrial complex," and added, "It is expected to greatly contribute to the economic revitalization of the relatively underdeveloped Beopwon-eup area."

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