Damyang-gun Holds Tree Planting Ceremony to Commemorate Completion of Dambit Cultural District
Large-scale Residential Housing Complex Dambit Cultural District... Expected Population Influx and Regional Economic Revitalization
[Damyang=Asia Economy Honam Reporting Headquarters Reporter Kim Chunsu] On the 20th, Damyang-gun, Jeollanam-do, held a tree-planting ceremony to commemorate the completion of the Dambit Cultural District at the Gojaje Small Park within the Dambit Cultural District.
The event was held with only a minimal number of officials attending, including Damyang-gun Mayor Choi Hyung-sik, Goh Moon-cheol, president of the construction company Yangwoo Construction Co., Ltd., and Kim Seung-tae, CEO of the project operator Damyang Daesup Maru Co., Ltd., in compliance with COVID-19 quarantine rules.
According to the county on the 20th, the creation of the Dambit Cultural District increased local tax revenue by 17.4 billion KRW, resulting in a 37.2% increase in local tax settlement in 2020 compared to 2019.
It also influenced population inflow, with the population reaching 46,624 as of April 2021, an increase of 344 from the previous year.
The Dambit Cultural District, developed over approximately 1.27 million square meters in Gasan-ri, Damyang-eup, and Jupyeong-ri and Dujeong-ri in Subuk-myeon, Damyang-gun, signed an investment agreement with Yangwoo Construction Co., Ltd. in 2015, began construction in 2017, and completed the project in September last year.
Currently, within the complex, 680 households of Yangwoo Naeanae First Hill have been 100% sold, with 612 households already moved in. Additionally, 163 households are either residing or under construction on 772 single-family housing lots, actively revitalizing the complex.
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With the successful completion of the Dambit Cultural District urban development project, various private investment projects of different scales, including the Goseo Bochon's District Urban Development Project and the Daedeok Saekkum City Development Project, totaling around 8,000 households, are actively underway. It is expected that these will significantly improve residential conditions and have a substantial ripple effect on the local economy in the future.
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