Gyeonggi-do Allocates 1,318,000㎡ of Industrial Area Land to Hwaseong, Yangju, and Pocheon

Gyeonggi Provincial Government

Gyeonggi Province has allocated 1,318,000㎡ of industrial area outside industrial complexes to three regions?Hwaseong, Yangju, and Pocheon?to revitalize the local economy and prevent indiscriminate development.

On the 30th, Gyeonggi Province announced that out of the 2,666,000㎡ of industrial area outside industrial complexes allocated by the Ministry of Land, Infrastructure and Transport for 2024-2026, it assigned 968,000㎡, which is 73% of the approved volume, to northern Gyeonggi areas such as Yangju and Pocheon, considering the large-scale development plan for northern Gyeonggi and balanced development, and allocated a total of 1,318,000㎡ including 350,000㎡ to southern Gyeonggi areas such as Hwaseong.

The volume allocated to northern Gyeonggi among the industrial areas outside industrial complexes this time is expected to promote the integration and innovation among similar industries by consolidating scattered companies in connection with the large-scale development project in northern Gyeonggi.

Specifically, in Yangju, scattered factories will be systematically and strategically reorganized, improving workplaces and surrounding environments. In Pocheon, not only will civil complaints be resolved, but it is also located within a 5km radius of the Seondan station area development (Daejin University) and the planned Opportunity Development Special Zone (6th Army Corps), so it is expected to create direct and indirect employment effects by fostering related industries nearby.

Hwaseong is expected to secure sufficient infrastructure by guiding the planned placement of factories in areas where indiscriminate development is anticipated.

Park Hyun-seok, Director of Urban Policy at Gyeonggi Province, said, "The supply of industrial area volume will revitalize the local economy through the reorganization of indiscriminate development of individually located factories and their relocation to planned sites." He added, "In particular, the newly allocated industrial area volume for 2024 was assigned largely to contribute to the economic revitalization of the underdeveloped northern region from the perspective of balanced development between the southern and northern parts, and we plan to continue efforts to allocate more volume to the northern region."

Industrial areas outside industrial complexes refer to sites of 30,000㎡ or more designated for industrial use within growth management zones under the Capital Region Readjustment Planning Act, designated as industrial areas under the National Land Planning and Utilization Act, and district unit planning zones and development promotion districts under the National Land Planning Act. Although not industrial complexes, new factories can be attracted, which helps the development of the respective regions.

Going forward, Gyeonggi Province plans to review expanding the volume in northern growth management zones such as Paju, Namyangju, and Yangju, and discuss this in the special task force (TF) subcommittee for large-scale development in northern Gyeonggi. The allocation of industrial area volume in northern Gyeonggi this time is expected to play a significant role in fostering industry in northern Gyeonggi along with the Ilsan and Yangju Techno Valleys, which began construction last year.

Meanwhile, Gyeonggi Province plans to allocate the remaining 1,348,000㎡ without delay after conducting demand surveys with cities and counties.

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