Gyeonggi-do: "Termination of CJ LiveCity Business Agreement Is an Inevitable Decision"

Kim Seong-jung, the First Deputy Governor of Gyeonggi Province (second from the right), visited the K-Culture Valley project site in Goyang City on the 11th and received an explanation from the project officials.

Kim Seong-jung, the First Deputy Governor of Gyeonggi Province, once again emphasized that the termination of the ‘CJ Live City’ business agreement was an inevitable decision to responsibly advance the K-Culture Valley project.

On the afternoon of the 11th, Deputy Governor Kim visited the K-Culture Valley project site in Janghang-dong, Goyang City, stating, "There is no change in Gyeonggi Province’s position that the K-Culture Valley project must proceed as it will be a driving force for the development of northern Gyeonggi," and explained, "This is not a matter of blaming anyone now."

He continued, "The current issue is that after 8 years since the groundbreaking, the construction progress rate is only 3%," adding, "Responsible project advancement must be firmly guaranteed, but continuing as it is now is too uncertain, which is Gyeonggi Province’s stance."

He further stated, "The reason for deciding to terminate the agreement despite knowing there would be various difficulties is ultimately ‘responsible advancement of the Culture Valley project’," and explained, "We are talking about public development, which means Gyeonggi Province will also participate in the project and take responsibility."

Moreover, he said, "The reason I am here on site to deliberate with you all is precisely because of that," and added, "What local residents and provincial citizens want is to quickly present alternatives for the normal advancement of the K-Culture Valley project."

Earlier, on the 9th, Gyeonggi Province formed the ‘K-Content Complex Cultural District Development Project TF’ and discussed promoting public development by including the currently designated economic free zone in Goyang City and the K-Content Complex Cultural District project area.

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