Gapyeong County Begins Full-Scale Process for Peace Economic Special Zone Designation...Poised to Become a Hub in Northeastern Gyeonggi Province

Gapyeong County Embarks on a Year-Long Initiative
12-Month Analysis and Strategy Development

Gapyeong County in Gyeonggi Province has officially begun the process to be designated as a Peace Economic Special Zone.

Gapyeong County Governor Seo Taewon is holding the kickoff briefing for the "Study on Establishing a Peace Economic Special Zone." Photo provided by Gapyeong County.

On the 10th, Gapyeong County announced that it had held a kick-off briefing for the "Study on Establishing a Peace Economic Special Zone" and begun full-scale preparations for the designation of the special zone. The briefing was held on the 9th at the county office’s second building, with about 10 participants including County Governor Seo Taewon, Vice Governor Kim Miseong, directors and department heads, and Jeon Cheol, Director of Peace Infrastructure Policy at Gyeonggi Province. They shared the overall direction of the project and detailed implementation plans.

The Korea Local Finance Institute, which has been commissioned to carry out the study, will over the next 12 months perform key tasks including: analyzing the conditions of Gapyeong County and internal and external environments; establishing strategies for building a peace economy foundation; conducting feasibility analysis and preparing detailed project implementation plans; and developing arguments and rationale to support the designation of the special zone.

The Peace Economic Special Zone is a national strategic project that, in preparation for potential inter-Korean cooperation, aims to build development bases in various sectors such as industry, tourism, and logistics, and to promote corporate investment and job creation through deregulation and policy support.

Leveraging its accessibility to the Seoul metropolitan area, natural environment, and growth potential as strengths, the county expects to serve as a hub that will drive economic revitalization in northeastern Gyeonggi Province once it is designated as a special zone. Accordingly, it plans to draw up an implementation plan in line with the central government’s schedule for promoting Peace Economic Special Zones and to build a foundation for sustainable regional development through the designation.

An official from Gapyeong County said, "The Peace Economic Special Zone is an important growth opportunity that will shape Gapyeong’s next 100 years," adding, "We will establish a systematic strategy to reinvigorate the local economy and ensure that it leads to the creation of quality jobs."

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