Damyang-gun 'Eco High-Tech Industrial Complex' Industrial Land 100% Sold Out

Positive Effects Expected Including Leap to Eco-Friendly Industrial City, Youth Job Creation, and Regional Economic Revitalization

[Damyang=Asia Economy Honam Reporting Headquarters, Reporter Kim Chunsu] On the 27th, Damyang-gun, Jeollanam-do announced that all industrial facility sites in the 'Eco High-Tech Damyang Industrial Complex' (hereinafter Eco Complex) have been fully sold, which is expected to greatly contribute to the revitalization of the local economy.

The Eco Damyang Complex is an industrial complex developed in the areas of Samman-ri, Damyang-eup, and Woncheon-ri, Geumseong-myeon, jointly invested by six companies including Damyang-gun, Korea Investment & Securities, and Hyundai Engineering.

Construction began in 2014, and after four years of development work, it was completed in December 2017, marking the start of active corporate attraction.

By the end of 2019, sales performance reached the 60% range. Customized marketing strategies were pursued, including adding industries through changes to the basic management plan, and solutions to resolve unsold lots were devised in cooperation with the project operator, Damyang Green Development Co., Ltd.

Continuous corporate attraction activities were carried out targeting companies linked to those already settled in the industrial complex.

As a result, despite the difficult situation caused by the domestic economic downturn due to COVID-19, which dampened investment sentiment, the achievement of 100% sales of industrial land was realized.

The Eco Complex is an industrial complex covering 580,000㎡, currently attracting only industries with low environmental pollution such as automobile parts, metal, and food processing companies.

This not only protects the environmental rights of residents but also creates a pleasant environment that cannot be experienced in other industrial complexes, thereby improving the working conditions of tenant companies.

Already, 75 companies have settled in, and 25 more are scheduled to move in, with the county expecting that within the next 2 to 3 years, 100 companies will be in full operation, injecting vitality into the local economy.

A county official stated, “We expect the Eco Complex to play a pivotal role in creating youth jobs, revitalizing the local economy in the post-COVID era, and developing regional industries. We plan to actively resolve any difficulties faced by tenant companies to ensure their prompt settlement.”

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