Wanju-gun Agricultural and Industrial Complex to Receive Completion Approval This Month

Expected Economic Ripple Effect of 157 Billion KRW and Job Creation for Over 1,700 People

[Wanju=Asia Economy Honam Reporting Headquarters Reporter Kim Han-ho] Wanju County announced on the 23rd that the completion approval of Wanju Agricultural and Industrial Complex, which will create over 1,700 jobs and have an economic ripple effect of 157 billion KRW, will be finalized by the end of this month.

The Wanju Agricultural and Industrial Complex, located near Sugye-ri, Samnye-eup, was developed with a total project cost of 58.9 billion KRW to attract advanced high value-added industries, create jobs, and revitalize local industries.

The complex was developed on a total area of 298,312.9㎡, including 233,367㎡ of industrial facility land, 6,625.7㎡ of support facilities, and 58,320.2㎡ of public facilities.

After the completion of construction in November last year, consultations with related organizations regarding the handover of facilities were recently completed.

Among the 58 industrial facility lots available for sale, 48 lots (167,623㎡) applied for sale before the completion approval, recording a sales application rate of 71.8%. Of these, 33 lots (107,890㎡) have signed sales contracts, showing a sales rate of 46.2%.

Wanju County expects that once the completion approval is finalized, ownership transfer will be possible, further activating sales.

The Wanju Agricultural and Industrial Complex boasts excellent location advantages, with easy access to Honam Expressway (within 2 km), Iksan-Pohang Expressway (within 1 km), and proximity to industrial complexes such as Wanju Industrial Complex, Jeonju Science Industrial Research Complex, and Wanju Technovalley.

Wanju=Honam Reporting Headquarters Reporter Kim Han-ho stonepeak@asiae.co.kr

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