Gyeonggi Province Aims to Secure Growth Engine for Northern Region Through Revitalization of Industrial Complex Sales

Gyeonggi Province Holds Joint Meeting to Address Unsold Industrial Complexes in Northern Region
Seeking Solutions for Revitalizing Dongducheon National Industrial Complex and Yeoncheon BIX
Relevant Organizations Collaborate... Practical Measures Expected

Gyeonggi Province held a joint countermeasure meeting with related organizations at the Northern Government Complex on the 22nd to seek practical solutions for revitalizing the sale of industrial complexes in northern Gyeonggi.

Gyeonggi Province is holding a joint countermeasure meeting with related organizations at the Northern Government Complex on the 22nd to seek practical solutions for revitalizing the sale of industrial complexes in northern Gyeonggi. Provided by Gyeonggi Province

The meeting, presided over by the Director General for Balanced Development Planning of Gyeonggi Province, was attended by representatives from Dongducheon City, Yeoncheon County, Korea Land and Housing Corporation (LH), Gyeonggi Housing and Urban Development Corporation (GH), as well as other local governments and relevant organizations, who engaged in substantive discussions.

The agenda focused on the Dongducheon National Industrial Complex and the Yeoncheon BIX General Industrial Complex, both of which have low sales rates in northern Gyeonggi. The discussion proceeded in the following order: sharing the current status and issues of sales, analyzing the causes of unsold lots, and exploring the roles and cooperation plans of each organization.

For the Dongducheon National Industrial Complex, only 2 out of 64 lots have been sold, resulting in a sales rate of 2.3%. In the case of the Yeoncheon BIX General Industrial Complex, 27 out of 104 lots have been sold, marking a sales rate of 29%.

Participants reviewed the sales rates of both industrial complexes and exchanged views on strategies for revitalization, including the locational limitations and price competitiveness of each site.

The attending organizations agreed to strengthen communication among institutions and jointly develop effective measures to boost sales. Specific plans include enhancing promotional activities to attract companies, considering incentive programs, and establishing a working-level consultative body to regularly discuss collaborative strategies.

Kim Sangsoo, Director General for Balanced Development Planning of Gyeonggi Province, stated, "This meeting marks the first step in addressing the critical issue of unsold industrial complexes in northern Gyeonggi, reaffirming the necessity of cooperation among related organizations. Going forward, Gyeonggi Province will do its utmost to improve the investment environment for businesses through ongoing practical consultations, so that northern Gyeonggi's industrial complexes can become hubs of regional economic vitality."

Starting with this meeting, Gyeonggi Province plans to establish a close cooperative system with each organization and gradually implement practical policies to resolve the issue of unsold lots.

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