Yangju Technovalley Invests 110 Billion Won to Develop 'Urban High-Tech Industrial Complex'

Gyeonggi Housing and Urban Corporation (GH) held a kickoff meeting for the "Yangju Technovalley Innovation Hub Development Strategy and Implementation Plan Establishment Project" on the 4th at the Pangyo Global Business Center.

Gyeonggi Province's 'Yangju Technovalley' will be developed into an urban high-tech industrial complex by 2026.

Gyeonggi Housing and Urban Corporation (GH) held a kickoff briefing session for the 'Yangju Technovalley Innovation Hub Creation Strategy and Implementation Plan Establishment Project' on the 4th at the Pangyo Global Biz Center, reporting on the project promotion plan, gathering expert advisory opinions, and discussing future directions.

Yangju Technovalley is a key project of the 8th local government administration, establishing new growth infrastructure such as a high-tech manufacturing platform in northern Gyeonggi over an area of 210,000 m². The project is jointly implemented by Gyeonggi Province, Yangju City, and GH, with an investment of 110 billion KRW to create an urban high-tech industrial complex by 2026.

At the briefing, GH covered the overall project including ▲discovery of new industries and strategies to attract anchor companies ▲roles in the changed environment such as the establishment of the Gyeonggi Northern Special Self-Governing Province ▲vision and development concept setting ▲feasibility review and marketing plans to establish Yangju Technovalley as an innovation hub in northern Gyeonggi.

Kim Se-yong, President of GH, emphasized, "By synthesizing expert advisory opinions, we will develop Yangju Technovalley as an innovation hub of the Gyeonggi Northern Special Self-Governing Province and a space of opportunity for youth and companies, leading balanced development and job creation in northern Gyeonggi."

On the 25th of last month, Gyeonggi Province held the 'Gyeonggi Northern Special Self-Governing Province Vision Declaration Ceremony' and announced a customized development plan reflecting the future changes of northern Gyeonggi. Yangju Technovalley, as the center and future growth engine of northern Gyeonggi, is expected to become a game changer driving the innovative growth of the Gyeonggi Northern Special Self-Governing Province.

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