Agreement Signed for Gokseong Rose Valley Complex Development Project

870 Billion Won Invested Over 4 Years - Development of Industrial Complexes, Tourism and Leisure Facilities, Smart Farms, and More

[Gokseong=Asia Economy Honam Reporting Headquarters, Reporter Cha Jong-sun] Jeollanam-do Gokseong-gun (Governor Lee Sang-cheol) announced on the 29th that it signed a business agreement with Gokseong Rose Valley Complex District Co., Ltd. for the creation of a tourism leisure and industrial complex.

The Gokseong Rose Valley Complex District development project mainly involves establishing an industrial complex, tourism and leisure facilities, and smart farms in the Gokseong-eup area.

A total project cost of 870 billion KRW (private investment) is planned to be invested over four years from 2023 to 2026.

Regarding this, the agreement includes provisions for administrative support to ensure successful investment in the Rose Valley Complex District development project.

Through this agreement, Gokseong-gun promised to actively support the Rose Valley Complex District development project.

Gokseong-gun expects that if the complex district is developed as planned, it will create employment for approximately 750 local residents.

Additionally, it anticipates effects such as expansion of the local economy and industrial base, increased tax revenue from production growth including local taxes, and overcoming regional crises through population inflow.

Governor Lee Sang-cheol of Gokseong-gun said, “Through this agreement, we will strive to maximize the economic ripple effects for our county by establishing a future industrial base in the region. We plan to actively cooperate administratively for the successful promotion of the Gokseong Rose Valley Complex District development project.”

Gokseong=Asia Economy Honam Reporting Headquarters, Reporter Cha Jong-sun hss79@asiae.co.kr

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