"I will implement policies responding to carbon neutrality and smart industries"... 15 industrial complexes to be established in Gyeongnam

A view of Changwon National Industrial Complex.

[Asia Economy Yeongnam Reporting Headquarters Reporter Lee Sang-hyun] Gyeongsangnam-do finalized the 2022 industrial complex designation plan through the Ministry of Land, Infrastructure and Transport's Industrial Location Policy Deliberation Committee and announced it on the 6th.

The industrial complexes included in the 2022 designation plan cover 15 sites across 10 cities and counties. The total area amounts to 4,146,000㎡, with industrial land area reaching 2,477,000㎡.

By region, there is 1 site in Changwon, 1 in Jinju, 3 in Sacheon, 2 in Gimhae, 2 in Geoje, 1 in Yangsan, 2 in Haman, 1 in Changnyeong, 1 in Goseong, and 1 in Geochang. There are 10 new sites and 5 expansions of existing industrial complexes.

Gyeongnam Province comprehensively reviewed the industrial complexes submitted by cities and counties, considering location demand, surrounding industrial complex sales status, project implementers' capability, and land acquisition rates.

It explained that after demand verification by the Ministry of Land, Infrastructure and Transport, adjustment meetings, and deliberations by the Industrial Location Policy Deliberation Committee, the designation plan was reflected accordingly.

Industrial complexes will be finally decided after administrative procedures such as resident briefings, environmental impact assessments, consultations with related agencies, and deliberations by the Local Industrial Complex Planning Deliberation Committee composed of experts.

Currently, 206 industrial complexes covering 138.033㎢ are designated in the province, and once the industrial complexes included in this plan are approved and announced, the total will increase to 216 complexes covering 142.179㎢.

A Gyeongnam Province official stated, “If industrial complex plans with certain occupancy demand and funding capabilities that have significant economic ripple effects are established, we plan to consult quarterly with the Ministry of Land, Infrastructure and Transport to additionally reflect them in the industrial complex designation plan. We will pursue policies that flexibly respond to rapidly changing industrial location demand due to carbon neutrality and smart industries.”

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