Gyeongnam Province Actively Supports Tongyeong Old Shipyard Urban Regeneration Project

Accelerating the Tongyeong Abandoned Shipyard Urban Regeneration Project through Public-Private Collaboration

Gyeongnam Governor Kim Kyung-soo is participating in the "Development Direction Discussion" for the successful promotion of the Urban Regeneration New Deal project on the 17th. (Photo by Gyeongnam Province)

[Asia Economy Yeongnam Reporting Headquarters Reporter Kang Sharon] On the 17th, a 'Development Direction Forum' for the successful promotion of the Tongyeong Old Shipyard (former Shina Shipyard) Urban Regeneration New Deal Project in Tongyeong, Gyeongnam, was held on-site at the old shipyard with participation from heads of related organizations and the overall planning team.

With the vision of 'Global Tongyeong Renaissance, a Start Toward the Future,' attendees included Kim Kyung-soo, Governor of Gyeongnam Province, Kang Seok-ju, Mayor of Tongyeong, Byun Chang-heum, President of LH, and members of the Tongyeong Old Shipyard Regeneration Project Overall Planning Team (led by Professor Kang Byung-geun of Konkuk University).

The Tongyeong Old Shipyard was selected for the Ministry of Land, Infrastructure and Transport's Urban Regeneration New Deal Project in December 2017, with a total project cost of 677.2 billion KRW (including 41.7 billion KRW for the urban regeneration seed money project).

Currently, the main building of the Tongyeong Old Shipyard has been remodeled and is being used for various purposes such as startup spaces, cafes, and exhibition and performance halls under the name 'Restart Platform.'

Looking at the core urban regeneration projects of the Tongyeong Old Shipyard, the urban regeneration project is scheduled to proceed first by utilizing the shipyard’s Goliath crane, including the shipbuilding facilities, painting shop, and assembly building.

Governor Kim stated at the meeting, "There is a consensus that the old shipyard regeneration project is difficult to succeed if decided and promoted unilaterally," and added, "The province will actively participate to find and promote content and programs suitable for Tongyeong and the old shipyard."

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