Industrial Complex Development for Defense Companies in Dong-eup, Changwon-si

Completion in 2022 with an Investment of 104.5 Billion Won

Aerial view of Deoksan General Industrial Complex (Photo by Changwon City)

[Asia Economy Yeongnam Reporting Headquarters Reporter Kang Sharon] Changwon City in Gyeongnam announced on the 3rd that it will create the Deoksan General Industrial Complex on 250,000㎡ in the area of 800 Deoksan-ri, Dong-eup, Uichang-gu.

The site for the industrial complex is close to the Defense Science Research Institute Mobile Test Site and the Army Comprehensive Maintenance Depot, and defense industry-related companies will be given priority for attraction.

A special purpose corporation involving Changwon City, Dongyang Construction Industry, Jungwoo Construction, and Gyeongnam Bank will invest 104.5 billion KRW to develop the industrial complex, aiming for completion in December 2022.

All administrative procedures such as greenbelt release, industrial complex plan approval, and notification have been completed.

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