Gyeongnam Province to Establish 'Future-Oriented Unmanned Aerial Vehicle Specialized Complex' in Goseong

Designation of Ministry of Land Investment Leading Zone, 91.2 Billion KRW Invested by 2026

Land Use Plan Related to the Unmanned Aerial Vehicle Complex Town Development Project in Goseong, Gyeongnam.
[Image Source=Gyeongnam Provincial Government]

[Asia Economy Yeongnam Reporting Headquarters Reporter Lee Seryeong] Gyeongsangnam-do announced on the 28th that the Goseong Unmanned Aerial Vehicle (UAV) Comprehensive Town Development Project has been designated as an Investment Leading Zone by the Ministry of Land, Infrastructure and Transport.

According to the province, an Investment Leading Zone is a project where the Ministry of Land, Infrastructure and Transport designates regions with development potential to discover and promote strategic projects with significant economic ripple effects, activate private investment, and foster the area as a growth hub.

Once designated as a zone, various regulatory exemptions such as national funding support, tax benefits, and relaxation of building coverage ratio and floor area ratio are applied.

The Goseong UAV Comprehensive Town project was selected in August 2018 as a competitive project for the Ministry of Land, Infrastructure and Transport's Investment Leading Zone.

It was promoted in response to the national need to achieve the drone industry’s ‘Global Top 5’ policy goal and to establish a regional hub for the UAV industry that will perform core functions of the 4th Industrial Revolution.

The Goseong UAV Comprehensive Town is planned to be established on a site of approximately 371,983㎡ (about 110,000 pyeong) in Naegok-ri, Donghae-myeon, Goseong-gun.

Facilities such as a drone-exclusive test flight field, corporate support community center, wastewater treatment facility, hangars, and a comprehensive UAV industrial complex will be constructed.

The province explained that a total of 91.2 billion KRW will be invested by 2026, including 15.2 billion KRW in national funds, 11 billion KRW in local funds, and 65 billion KRW from LH, to create a future-oriented specialized UAV complex.

They forecast that the economic ripple effect of the complex development will reach 840.4 billion KRW, and employment creation will amount to 3,000 jobs.

An Taemyeong, Director of the Balanced Development Bureau, said, “With the establishment of the UAV Comprehensive Town, it will be possible to conduct unit testing and evaluation of Urban Air Mobility (UAM) parts and flight tests of model aircraft,” adding, “In connection with Urban Air Mobility, one of the next-generation transportation means, it is expected to play a pivotal role in the aerospace industry, which is a core future growth engine of our province.”

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