GH to Supply Two Industrial Land Parcels in Pangyo 2nd Techno Valley
Gyeonggi Housing and Urban Development Corporation (GH) is offering industrial land parcels for sale within the Seongnam-si Pangyo 2nd Techno Valley Urban High-Tech Industrial Complex.
On April 23, GH announced that it will supply the E4-2 and E5-2 parcels in Pangyo 2nd Techno Valley at cost price. The company plans to select eligible tenants through an evaluation of business plans submitted by applicants, followed by signing occupancy agreements and contracts with the selected parties.
The E4-2 parcel has a supply area of 1,058.3 square meters and is priced at 4.27 billion won. It will be supplied to global companies, including foreign-invested companies, foreign companies, and companies selected for the Export Voucher Program. The Export Voucher Program provides government support in the form of vouchers, allowing small and medium-sized enterprises and mid-sized companies to independently choose export support services.
The E5-2 parcel also has a supply area of 1,058.3 square meters and is priced at 4.27 billion won. It will be supplied to consortia consisting of global companies and university-affiliated research institutes.
GH will evaluate applicants based on three criteria: company status, business plan, and development plan. Additional points will be awarded if applicants submit proposals that contribute to the activation of Pangyo 2nd Techno Valley, such as creating startup ecosystem spaces or establishing innovation growth hubs for new growth engines.
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GH will accept letters of intent to participate on April 30, accept inquiries from May 7 to May 9, and receive applications for the land sale on June 23.
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