Jeonnam Province to Lift Green Belt Restrictions for Two Regional Strategic Projects
Damyang 2nd General Industrial Complex and Jangseong Nanotechnology 2nd General Industrial Complex
Expected to Generate 1.7 Trillion KRW in Production and Create 11,829 Jobs
Jeollanam-do has confirmed and selected two sites for the 'Development Restriction Zone Regional Strategic Projects': Damyang 2nd General Industrial Complex and Jangseong Nano Technology 2nd General Industrial Complex. Provided by Jeonnam Province
View original imageJeollanam-do announced on the 25th that two sites?Damyang 2nd General Industrial Complex and Jangseong Nanotechnology 2nd General Industrial Complex (1.65㎢)?have been selected for the ‘Green Belt Area Regional Strategic Project’.
The Green Belt Area Regional Strategic Project is part of the ‘Green Belt Regulatory Innovation Plan’ promoted by the Ministry of Land, Infrastructure and Transport. This system, implemented for the first time this year, aims to revitalize local economies by expanding available development land in prime locations near major local cities. Selected project sites are not only exempt from the total quota for green belt release, but can also be developed on the condition that alternative sites are designated for areas classified as Environmental Assessment Grades 1 and 2, where release is generally not permitted.
Before applying for project selection, Jeollanam-do held regular meetings with stakeholders and provided expert consulting support to ensure that key local projects were not overlooked. The province also made continuous efforts by visiting central government agencies and the National Assembly to explain the rationale for selection, development demand, and site suitability.
The two selected projects are expected to generate approximately 1.7384 trillion KRW in regional production and create about 11,829 jobs.
Moon Ingi, Director of Construction and Transportation for Jeollanam-do, stated, “The significance of this selection lies in the efficient use of green belt areas to provide quality jobs and create opportunities for population inflow.”
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