Ministry of Land, Infrastructure and Transport Selects Gwangju Station as 'Innovative District National Pilot Zone'

Concentration of Startup and Innovative Companies... Creating 'Startup Innovation Hub' Combining Housing and Culture

A Total of 168.8 Billion KRW Invested by 2025... Expected to Mark a New Turning Point in Regional Urban Regeneration

[Asia Economy Honam Reporting Headquarters Reporter Yoon Jamin] Gwangju Station is expected to become the undisputed core hub of 'urban regeneration.'

On the 21st, according to Assemblyman Cho Oh-seop (Democratic Party of Korea, Gwangju Buk-gu Gap), the Ministry of Land, Infrastructure and Transport selected Gwangju Station as an Innovation District National Pilot Zone.

With this designation, it is expected to create a new turning point for urban regeneration in the area surrounding Gwangju Station.

This project involves creating an innovation district of 14,000㎡ (4,235 pyeong) within the railway site of Gwangju Station by 2025. By concentrating green digital startups and innovation companies, Gwangju Station will be developed as a startup innovation hub combining residential, cultural, and welfare functions.

A total of 168.8 billion KRW will be invested, including 50 billion KRW for the Corporate Innovation Growth Center and living SOC, 49.6 billion KRW for the Complex R&D Center, 28 billion KRW for the Social Economy Innovation Town, 12.4 billion KRW for Culture Station Asia, and 28.8 billion KRW for job-linked support housing.

Accordingly, Gwangju Station will complement the existing urban regeneration projects, relax project designation requirements, and enable rapid project promotion led by the public sector through special measures.

The City of Gwangju will be responsible for job creation in the innovation district, while LH will handle residential functions.

With the inclusion of the Dalbit Inland Railway construction in the 4th National Railroad Network Construction Plan scheduled for next year, and the electrification of the Gwangju Station?Suncheon section of the Gyeongjeon Line confirmed as a preliminary feasibility study exemption project, the railway function will be restored, making Gwangju Station the undisputed core hub of urban regeneration.

Additionally, the 'Gwangju Station Complex Development Project,' which connects the old downtown area north-south via a six-lane road between Buk-gu Office and Chonnam National University, will also gain momentum.

Assemblyman Cho said, "After continuous consultations and efforts with government ministries such as the Ministry of Land, Infrastructure and Transport, Ministry of Trade, Industry and Energy, and Ministry of Economy and Finance throughout this year, we have achieved visible results in urban regeneration in Gwangju Station and nearby areas such as Junghung-dong, Im-dong, and Yu-dong." He added, "I thank the Gwangju city officials who worked hard traveling between Seoul and Gwangju and the residents of Buk-gu who always sent warm support."

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