Uijeongbu City Completes On-Site Inspection for Additional Designation of Gyeonggi Economic Free Zone

Second Round of Candidate Site Selection Completed
Final Candidate Sites to Be Announced in April After Third Evaluation

Uijeongbu City, Gyeonggi Province (Mayor Kim Dong-geun) announced on the 26th that it completed the second on-site evaluation for the selection of additional candidate sites for the Gyeonggi Free Economic Zone at the city hall situation room on the 25th.

Mayor Kim Dong-geun is explaining the strengths of Uijeongbu City during the second on-site evaluation of the public contest for additional designation candidates of the Gyeonggi Economic Free Zone held on the 25th. Photo by Uijeongbu City

The evaluation was conducted with six external experts from the Gyeonggi Free Economic Zone Authority serving as panelists. The process included watching on-site videos of Uijeongbu City's Free Economic Zone candidate sites, presentations on responses to questions raised during the first document review, and a Q&A session.

Mayor Kim Dong-geun emphasized the location optimized for attracting global companies and talent based on excellent transportation and medical infrastructure. He presented concrete plans to foster an innovative industrial ecosystem and transform the area into a global innovation hub, along with various benefits such as tax reductions and investment attraction support upon designation as a Free Economic Zone.

The city plans to establish a Free Economic Zone with strategic industries in media content, artificial intelligence (AI), and bio-medical sectors at the returned land sites of Camp Red Cloud (CRC) and Camp Kyle.

As a central city in the northern metropolitan area, Uijeongbu is well-equipped with a well-developed metropolitan railway and road network, providing favorable conditions for attracting foreign investment and strategic industrial companies.

Additionally, National Route 39 connects Uijeongbu to industrial complex-dense areas such as Goyang, Pyeongtaek, Hwaseong, Ansan, and Siheung, and using the Metropolitan Area 1st Ring Expressway, Incheon International Airport and Gimpo International Airport can be reached within 40 minutes.

In particular, the planned establishment of the GTX-C line at Uijeongbu Station will enable travel to Gangnam within 20 minutes in the future, which is expected to have a positive effect on attracting talented individuals and improving residential conditions.

Furthermore, the city hosts five general hospitals including Uijeongbu St. Mary's Hospital, Eulji University Hospital, and Gyeonggi Provincial Medical Center Uijeongbu Hospital, providing an environment capable of building a clinical-centered bio-medical industrial ecosystem.

Mayor Kim Dong-geun stated, “Uijeongbu City is the optimal region to strengthen the future growth engine of advanced industries. We will do our best to not only revitalize the local economy through attracting foreign investors and companies and fostering innovative industry startups but also to inject new vitality into the South Korean economy.”

The additional designation contest for the Gyeonggi Free Economic Zone will proceed to the third evaluation, with the final candidate sites to be announced in April.

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