Development of Pyeongtaek Western Area, Groundbreaking Ceremony for 'Pyeongtaek Port Hwayang New Town' Held
[Asia Economy Reporter Yuri Kim] 'Pyeongtaek Port Hwayang New Town' held a groundbreaking ceremony on the 30th of last month and officially began development.
The developer, Hwayang District Urban Development Project Association, announced on the 2nd that it held the groundbreaking ceremony at Hyeonhwa-ri, Anjung-eup, Pyeongtaek-si, Gyeonggi Province, the site of the Pyeongtaek Port Hwayang New Town project, on the 30th of last month. About 300 people attended the ceremony, including Pyeongtaek Mayor Jeong Jang-seon, National Assembly member Yoo Ui-dong, Association Chairman Choi Seon-cheol, and Daelim Construction President Jo Nam-chang. The developer explained, "The groundbreaking ceremony was held in compliance with quarantine rules such as social distancing."
Pyeongtaek Port Hwayang New Town will be developed as a complex city accommodating about 20,000 households and a population of 54,084 on a total area of 2,791,195㎡ in 454-2 Hwayang-ri, Hyeondeok-myeon, Pyeongtaek-si, Gyeonggi Province. It is the largest urban development project in Korea led by the private sector. Daelim Construction will be responsible for the new town site development work.
Pyeongtaek Port Hwayang New Town is located 5 km from Pyeongtaek Port and Dangjin Port, key points of the West Coast industrial belt, serving as a port logistics hinterland city. It will be developed as a self-sufficient city with jobs based on industrial complexes being established or completed around Pyeongtaek Port. It is expected to secure excellent transportation conditions, being located 2-3 km from Anjung Station on the West Coast double-track railway line scheduled to open in 2022. Once the West Coast double-track railway connecting Hongseong, Chungnam, Dangjin, Pyeongtaek, and Hwaseong and Anjung Station open, accessibility to Seoul is also expected to improve.
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The Pyeongtaek City Hall Anjung Branch Office, which handles administrative affairs in the western Pyeongtaek area, will be newly built and relocated to the public office site within Pyeongtaek Port Hwayang New Town and is expected to be upgraded to a district office in the future, according to the developer. A general hospital equipped with advanced medical facilities will also be established, making it a medical hub in the western Pyeongtaek area. In addition, Pyeongtaek Port Hwayang New Town plans to have eight schools, including four elementary schools, two middle schools, and two high schools.
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