Suwon Tapdong 268,000㎡ 'Innovation Valley' Development... Land Sale Next Year

Suwon Mayor Lee Jae-jun is delivering a greeting at the 'Tapdong Innovation Valley' business attraction briefing held at the Suwon Convention Center on the 6th.

The city of Suwon in Gyeonggi Province held an investment briefing session for companies ahead of the establishment of the 'Tapdong Innovation Valley.'

On the 6th, Suwon City announced that it held an investment briefing session related to the development plan of the 'Tapdong Innovation Valley,' a complex business district for advanced companies, at Convention Hall 1 of the Suwon Convention Center.

The Tapdong Innovation Valley development project, promoted as a key project by Suwon Urban Corporation, is an urban development project to create a complex business district centered on advanced companies on a 268,818㎡ site in the Tapdong area of Gwonseon-gu.

The Tapdong district is planned to include 132,000㎡ of advanced business land, 33,000㎡ of complex business land, and 99,900㎡ of infrastructure land.

The advanced business land will house R&D (Research & Development) office facilities, venture companies, and software facilities, while the complex business land will include retail, neighborhood living, and medical facilities.

Following the announcement of the development plan at the end of last month, the project is being promoted with the goal of obtaining implementation plan approval in the first half of 2024. In the second half of next year, the details regarding land supply will be announced to companies.

Mayor Lee Jae-jun of Suwon emphasized, "The Tapdong Innovation Valley development project will be the first step for Suwon City to advance as a high-tech science research city," adding, "The ultimate goal is to make West Suwon a 'Korean-style Silicon Valley.'"

He continued, "Suwon has well-established urban infrastructure, good transportation, and prestigious universities that supply talented individuals," and added, "I hope many advanced companies settle in Suwon, develop, and lead the Korean economy."

The briefing session, which began with Mayor Lee Jae-jun's greeting, continued with a presentation by Heo Jeong-moon, president of Suwon Urban Corporation, a Q&A session, a business agreement among Suwon City, Suwon Urban Corporation, and major corporate associations, and roundtable consultations.

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