Guro-gu Promotes G-Valley Town Management Project

Direct Management and Operation by Local Entities... Cultural Space Creation, Customized Programs for Workers, and More 진행

[Asia Economy Reporter Jong-il Park] Guro-gu (Mayor Lee Sung) is launching a town management project targeting the G Valley (Guro Digital Complex) area.

The "Town Management (TM)" project refers to an initiative where local stakeholders such as residents and merchants directly manage and operate their area to continuously revitalize small urban districts. The long-term goal is for the private sector to independently secure funding and ensure sustained urban vitality and positive ripple effects.

Guro-gu announced on the 27th, "G Valley has been selected as the final target site in Seoul City's 'Seoul-type Town Management' pilot project competition. Accordingly, we plan to establish a voluntary and sustainable management system by utilizing the human and physical resources of G Valley, which is represented by advanced IT venture industries."

This project will promote the establishment of a public-private management system, the creation of urban cultural spaces through the improvement of plazas and underutilized public spaces, and programs and events that various groups including G Valley workers and residents can participate in together.

The competition targeted areas under 100,000㎡ with public spaces such as parks, publicly accessible spaces, and donated facilities.

The G Valley area in Guro-gu was highly evaluated for the size of its public spaces, the status of local festival promotion, the accuracy of the project plan, and feasibility, leading to its final selection and receiving a total project budget of 250 million KRW.

A Guro-gu official stated, "Town Management is a project where company employees and residents themselves become agents who enhance the value of the area," adding, "We hope that through this project, G Valley will be reborn as a tourist attraction where work and culture coexist."

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