6.2 Trillion Invested in 'Gyeonggi Yongin Platform City' Groundbreaking Scheduled for Second Half of Next Year

[Asia Economy (Suwon) = Reporter Lee Young-gyu] The 'Gyeonggi Yongin Platform City,' developed over an area of 2,757,186㎡ in the Bojeong, Mabuk, and Singal-dong areas of Yongin, Gyeonggi Province, with an investment of 6.2851 trillion KRW, will officially begin its project with site development construction starting in the second half of next year.

Gyeonggi Province announced that Yongin City recently completed the review of the 'Gyeonggi Yongin Platform City Urban Development Project Development Plan' by the Yongin City Urban Planning Committee and officially notified the establishment of the development plan on the 16th.

According to the development plan, approximately 10,000 housing units will be supplied. The supply types are diverse, including detached houses, sale and rental-type multi-family housing, and mixed-use residential-commercial buildings, aimed at resettlement of original residents and stabilizing housing for low-income households.

Additionally, to promote regional industrial development and job creation, 16% of the total area (440,000㎡) has been designated as industrial land. Among this, 270,000㎡ has been designated as an urban high-tech industrial complex with acquisition tax and property tax reduction benefits, establishing a foundation for attracting companies in advanced industries.

Near the station area, a mixed-use site (140,000㎡) linked with a complex transfer center is planned, promoting Transit Oriented Development (TOD) that allows easy access to mixed facilities (residential, office, commercial, cultural, etc.) in the city center using public transportation.

Furthermore, the project area will restore forests and arrange green spaces connecting the central park (Platform Park) and the city center, creating an eco-friendly city with high residential satisfaction.

Earlier, in May 2019, Gyeonggi Province, Yongin City, Gyeonggi Housing and Urban Corporation, and Yongin Urban Corporation jointly signed a memorandum of understanding among joint project implementers to establish a new growth hub city in the southern metropolitan area based on GTX (Great Train Express).

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