Paju City and LH to Develop 'Urban High-Tech Industrial Complex' in Unjeong 3 District... Strengthening Self-Sufficiency

Paju City Signs MOU with LH
Beyond a Bedroom Community: Toward a Self-Sufficient City of One Million
Mutual Commitment to Attract High-Tech Companies

Paju City in Gyeonggi Province has joined hands with Korea Land and Housing Corporation (LH) to strengthen the self-sufficiency of Unjeong New City and secure future growth engines.

An urban high-tech industrial complex is being promoted on reserved land in Unjeong 3 District, Paju City. Provided by Paju City

On December 22, Paju City announced that it had signed a memorandum of understanding (MOU) with LH on December 19 to promote the development of an urban high-tech industrial complex within Unjeong 3 District.

This agreement aims to transform the currently unused reserved land in Unjeong New City into a "specialized industrial hub" that integrates advanced industries, residential areas, and essential living infrastructure, rather than simply designating it as a business district.

The main points of the MOU include the development of an approximately 90,000-square-meter urban high-tech industrial complex, the supply of 3,200 public housing units in accordance with the Ministry of Land, Infrastructure and Transport's follow-up measures to expand housing supply announced last month, the construction of the Paju National Safety Experience Center, the creation of a green park axis linked to Soricheon, the allocation of schools to address overcrowded classes, and the introduction of mixed-use land to strengthen surrounding commercial areas. The plan is to create a complex that integrates jobs, housing, and living infrastructure.

Paju City plans to develop the urban high-tech industrial complex in Unjeong 3 District not as a simple business district, but as a specialized industrial and employment hub preferred by high-tech companies. The strategy is to establish a solid foundation for creating quality jobs by building a new base for high value-added future industries such as artificial intelligence, knowledge industries, and semiconductor technology development, while continuously strengthening the city’s self-sufficiency by providing a pleasant residential environment equipped with green parks and various living amenities.

Paju City and Korea Land and Housing Corporation plan to establish a joint task force for the development of the urban high-tech industrial complex early next year and will begin full-scale efforts to attract high-tech companies to the complex.

Hwang Inbae, Director of Balanced Development, stated, "This project to transform the reserved land in Unjeong 3 District into an urban high-tech industrial complex will be an unparalleled opportunity not only for Paju City, which is moving toward becoming a self-sufficient city of one million people, but also for young entrepreneurs seeking a springboard for growth in an excellent location. We will actively cooperate with Korea Land and Housing Corporation to achieve successful urban development."

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