GH Supplies 20 Industrial Land Parcels in Yeoncheon BIX

[Asia Economy (Suwon) = Reporter Lee Young-gyu] Gyeonggi Housing and Urban Corporation (GH) is set to supply industrial land within Yeoncheon BIX (Business & Industry Complex), jointly developed with Yeoncheon County. The land available this time includes a total of 20 plots, consisting of 9 plots for sale and 11 plots for lease.

The area of the plots for sale ranges from a minimum of 3,792㎡ to a maximum of 5,819㎡. The sale price, based on the development cost, is approximately 830,000 KRW per 3.3㎡, which is cheaper than nearby industrial complexes. Eligible industries for occupancy include food manufacturing, chemical substances and chemical products manufacturing, and rubber and plastic products manufacturing.

The leased plots range from a minimum of 919㎡ to a maximum of 2,400㎡ per plot. The lease deposit is 10% of the development cost, and the annual rent is about 8,000 KRW per 3.3㎡, which is 1% of the development cost. The lease period is 5 years, with the option to renew once or convert to sale after the period ends. Eligible industries for occupancy include food manufacturing and textile product manufacturing (excluding clothing).

Applications will be accepted from the 11th to the 13th of next month, with on-site submissions at the GH Balanced Development Office located in Uijeongbu, Gyeonggi Province. The occupants will be selected by Yeoncheon County after screening, with the announcement scheduled for May 6.

Yeoncheon BIX is an industrial complex being developed by GH and Yeoncheon County on a 600,000㎡ site in 273-4 Tonghyeon-ri, Yeoncheon-eup, Yeoncheon County, Gyeonggi Province. It boasts excellent transportation infrastructure, including the subway Line 1, National Road 3, and National Road 37, all scheduled to open this year.

Additionally, facilities such as a corporate support center that aids management and technology development, welfare housing prioritized for workers, and logistics centers will be constructed. With tax benefits and various subsidies, it offers significant competitiveness.

Moreover, it has an outstanding location as an eco-friendly food cluster, surrounded by pristine natural environments such as UNESCO-certified biosphere reserves and a global geopark.

For more detailed information regarding the supply, please visit the GH website and the land sales system.

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