Hamyang-gun Selected as the Only Investment Leading District Nationwide... Establishing a Logistics Hub City

A Total of 174 Billion KRW Invested to Establish a Housing Platform Combining Housing, Living SOC, and Jobs by 2026
Ministry of Land, Infrastructure and Transport Launches Housing Platform Project, Selects One Investment Leading District, Provides Gove

Hamyang County Office building view

[Asia Economy Yeongnam Reporting Headquarters Reporter Choi Soon-kyung] The area of Singwan-ri, Hamyang-eup, Hamyang-gun, Gyeongnam, has been finally selected as a Ministry of Land, Infrastructure and Transport (MOLIT) e-commerce strategic industry investment leading district, and will be intensively developed as a growth hub driving job creation and economic revitalization.

The Ministry of Land, Infrastructure and Transport selected one investment leading district and 11 customized regional demand support projects as two types of regional development public projects to actively promote the residential platform project that improves living conditions in rural farming and fishing villages facing a population decline crisis.

Among them, the investment leading district is an infrastructure development project to foster regional growth hubs and activate private investment, while the customized regional demand support project supplies small and medium-sized convenience facilities (living SOC) closely related to residents' daily lives.

Through this investment leading district selection, the county will receive various benefits including 10 billion KRW in national financial support, 73 types of regulatory exemptions such as relaxed building coverage ratio and floor area ratio, and tax and charge reductions.

With this designation as an investment leading district, the county expects an employment creation effect of about 1,200 people, and by 2036, the number of companies in the jurisdiction will increase by more than 700 to 4,279. For example, the population of Hamyang-eup among the county's population is predicted to increase by about 9,000 to more than 27,000.

County Governor Seo said, “This public project has enabled the completion of Hamyang-type jobs,” and added, “We will faithfully carry out the residential platform combining jobs + housing + living SOC as planned to complete the Hamyang-type rural utopia.”

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