Groundbreaking Ceremony Held for Construction of Changwon Small Giant Special Zone Enterprise Occupancy Space

Changwon Special City Invests 44.5 Billion KRW in Corporate Occupancy Spaces
Mayor Hong Nampyo: "Driving Force for Transformation into a High-Tech Industrial City"

On the 8th, Changwon Special City in Gyeongnam held a groundbreaking ceremony to mark the start of the construction of the corporate occupancy space for the Changwon Small Giant Research and Development Special Zone, located at 179-1 Seongju-dong, Seongsan-gu.

Groundbreaking Ceremony for the Construction of Changwon Small Giant Specialized Company Occupancy Space.

The corporate occupancy space within the Changwon Small Giant R&D Convergence District will be a building with 2 basement floors and 8 above-ground floors, covering a total floor area of 12,258㎡, with completion targeted for November 2025. For research institute companies and new startups wishing to move into the Changwon Small Giant Special Zone, the facility will provide corporate occupancy spaces, business lounges, co-working spaces, meeting rooms, multipurpose rooms, as well as neighborhood living facilities such as lounges and cafeterias.

With the implementation of the corporate occupancy space construction project, the shortage of occupancy spaces for research institute companies and advanced technology companies within the Changwon Small Giant Special Zone will be alleviated. This is expected to contribute to regional economic development and job creation through technology commercialization and advancement by establishing a self-sustaining innovation cluster where ‘technology-startup-growth’ forms a virtuous cycle.

Hong Nampyo, Mayor of Changwon Special City, stated, “The capable research institutes and advanced technology companies born in the corporate occupancy space will become a new growth engine that can transform our region, which is struggling due to the decline of manufacturing, into a high-tech business city.” He added, “We plan to focus the city administration’s capabilities on fostering Changwon’s core industries and laying the foundation for industrial structure innovation to secure a livelihood base for the next 50 years.”

Meanwhile, the city is also promoting the addition of a Technology Advancement District (Electric and Mechanical Convergence Research Complex) to the Changwon Small Giant Research and Development Special Zone. By introducing research, support, and infrastructure centered on electric and mechanical fields, the city aims to innovate the Changwon regional industry into a high value-added intelligent electric and mechanical convergence industry.

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