Yongin City Attracts Three Knowledge Industry Centers in Cheoin and Suji Districts

Perspective view of the knowledge industry center to be developed in Yeokbuk-dong, Cheoin-gu, Yongin-si

[Asia Economy Reporter Ryu Tae-min] Yongin City announced on the 31st that it has attracted three knowledge industry centers in Yeokbuk-dong, Cheoin-gu, and Jukjeon and Sanghyeon-dong, Suji-gu, completing the factory establishment permit procedures.

On an area of 59,364㎡ around 556-118 Yeokbuk-dong, Cheoin-gu, a knowledge industry center with four basement floors, four above-ground floors, and a total floor area of 125,846㎡ is scheduled to be built by December 2023. Seventy-three percent of the entire project site will be used as apartment-type factories, and the rest will house support facilities such as dormitories and neighborhood living facilities. This will be the first knowledge industry center in Cheoin-gu, expected to accommodate 200 companies in manufacturing, knowledge-based industries, and information and communication industries, creating about 8,400 jobs.

In the 7,968㎡ area within 1187 Sanghyeon-dong, Suji-gu, in the Gwanggyo housing development district, a knowledge industry center with two basement floors, ten above-ground floors, and a total floor area of 32,050㎡ will be constructed. Upon completion in October 2023, 88 companies in manufacturing, knowledge-based industries, and information and communication industries are expected to move in.

In the 35,087㎡ area within 1358 Jukjeon-dong, Suji-gu, in the Jukjeon housing development district, a knowledge industry center with four basement floors, four above-ground floors, and a total floor area of 99,244㎡ is also scheduled to be completed by December 2023.

Baek Gun-gi, Mayor of Yongin City, said, "Attracting three knowledge industry centers at once is a very encouraging development," adding, "Especially, we will attract companies that can create synergy with the semiconductor cluster to the knowledge industry center, the first to be built in Cheoin-gu, making it a cornerstone for regional development."

Meanwhile, excluding the three knowledge industry centers newly attracted this time, 16 knowledge industry centers are currently operating within Yongin City, and two are under construction.

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