Gyeonggi-do Holds Final Report Meeting on Research Service for Opportunity Development Zone Establishment

Sharing Progress by City and County for Application to Opportunity Development Special Zone... Discussion

Gyeonggi Province is holding the final report meeting for the basic plan research project on the Opportunity Development Zone, which has been underway since November last year.

Gyeonggi Province held the final report meeting for the basic plan research project on the Opportunity Development Special Zone, which has been underway since November last year, on the 21st.

The meeting was attended by about 20 people, including provincial assembly members such as Lee Seok-gyun from Namyangju City, Lee Young-joo from Yangju City, Yoon Chung-sik and Kim Seong-nam from Pocheon City, as well as representatives from the special zone target cities and counties within the province, the Opportunity Development Special Zone TF Promotion Team, and the Gyeonggi Research Institute. The meeting was presided over by the Deputy Governor for Administration 2.

The session included presentations on the province’s preparation status and research contents for applying to the Opportunity Development Special Zone, as well as sharing the progress of each city and county preparing their applications.

The main research topics included strategies for promoting the Opportunity Development Special Zone, analysis of specialized industries linked to the development plan for northern Gyeonggi, support details by sector, and coexistence plans with neighboring areas.

Particularly, the importance of collaboration that can create synergy with non-metropolitan areas was emphasized, proposing coexistence measures for non-metropolitan regions through the use of special zones such as the Regional Coexistence Development Fund, which has a high contribution ratio from the metropolitan area.

The Opportunity Development Special Zone is a key national policy of the current government, aiming to attract and support companies belonging to regionally specialized industries voluntarily selected by local governments, thereby promoting sustainable corporate growth and balanced national land development. Upon application by city or provincial governors, the Minister of Trade, Industry and Energy designates the zones after deliberation and resolution by the Local Era Committee. Areas eligible for designation as Opportunity Development Special Zones within the metropolitan area include population-decreasing or border areas such as Goyang, Paju, Gimpo, Yangju, Pocheon, Dongducheon, Gapyeong, and Yeoncheon.

Designation as an Opportunity Development Special Zone provides various tax and regulatory exemptions, offering a groundbreaking opportunity for regional development.

Deputy Governor for Administration 2 Oh Hu-seok stated, “Population-decreasing and border areas within Gyeonggi Province, which have not developed due to various regulations and geographical characteristics, have been excluded from many policies simply because they are part of the metropolitan area, resulting in continued underdevelopment. We will do our utmost to ensure that the Opportunity Development Special Zone becomes a growth hub with abundant potential in northern Gyeonggi and a new source of vitality.”

Meanwhile, since March, the Ministry of Trade, Industry and Energy has been accepting applications for Opportunity Development Special Zones targeting non-metropolitan areas, and for the metropolitan area, applications can be submitted once the Local Era Committee sets the regional and area limits.

Gyeonggi Province plans to apply for the Opportunity Development Special Zone as soon as the guidelines for regional designation and area limits for the metropolitan area are decided.

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