Yangju City to Accept Second Round of Applications for Eunam General Industrial Complex Land from September 16 to 18
10% Land Purchase Cost Support for Tenant Companies
Supply Price Set at 1,997,000 Won per 3.3 Square Meters
Yangju City in Gyeonggi Province announced on September 5 that the second round of applications for the sale of industrial facility land at the Eunam General Industrial Complex will take place from September 16 to 18.
Aerial view of Eunam General Industrial Complex industrial facility site. Provided by Yangju City
View original imageAt the Eunam General Industrial Complex, Asung Daiso, a company specializing in household goods, was the first to confirm its move-in for logistics land. In the first round of industrial facility land supply, which closed in July, 7 out of 9 plots were contracted, achieving a success rate of about 80%.
This second round of supply offers 11 plots of industrial facility land at the Eunam General Industrial Complex, ranging from 3,598 to 7,723 square meters. The estimated supply price is 1,997,000 won per 3.3 square meters, based on the estimated development cost. In accordance with the 'Yangju City Ordinance on the Promotion and Support of Investment Attraction,' Yangju City plans to support 10% of the land purchase cost for companies participating in the sale, aiming to ease the initial investment burden and help businesses settle stably.
The eligible industries for move-in include: food manufacturing, textile product manufacturing (excluding apparel), rubber and plastic manufacturing, metal processing product manufacturing (excluding machinery and furniture), and other machinery and equipment manufacturing.
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Yangju City stated, "Following the first round of sales at Eunam General Industrial Complex, we expect a variety of companies to participate in this second round as well," adding, "We will support the stable settlement of tenant companies through customized policies such as land purchase cost support."
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