Siheung Launches Efforts to Attract Leading Companies to Gwangmyeong·Siheung Urban High-Tech Complex... Aiming to Become a Future Industry Hub

Siheung City Strengthens Cooperation with GH
Full-Scale Corporate Attraction Begins in the Second Half of the Year

Siheung City in Gyeonggi Province, led by Mayor Lim Byeongtaek, is accelerating its proactive efforts to attract companies, with a focus on the Gwangmyeong·Siheung Urban High-Tech Industrial Complex.

Siheung City Hall exterior. Provided by Siheung City

On March 10, the city held a meeting with Gyeonggi Housing and Urban Development Corporation (GH) at GH's headquarters in Gwanggyo, where they discussed directions for cooperation to foster the Gwangmyeong·Siheung Urban High-Tech Industrial Complex as a future industrial hub in northern Siheung. At the meeting, the city expressed its plans and commitment to attract leading companies, ahead of the official start of the sale and occupancy process.

The Gwangmyeong·Siheung Urban High-Tech Industrial Complex is an industrial park being developed across Gahak-dong in Gwangmyeong City and Nongok-dong and Mokgam-dong in Siheung City, with a total area of 492,869 square meters. Currently, the construction of infrastructure is in its final stages, and from the second half of the year, preparations will be in full swing to attract strategic industries and outstanding companies.

The city plans to go beyond administrative participation by proactively devising the industrial sectors and types of companies to be attracted, as well as the direction for building the industrial ecosystem at the complex, concentrating its efforts on corporate attraction activities. In particular, the city views the Gwangmyeong·Siheung Urban High-Tech Industrial Complex as a key base for advancing existing industries and transitioning to future strategic industries, and will focus its administrative capabilities on a cluster strategy centered on leading companies and on cultivating the industrial ecosystem.

Furthermore, the city intends to refine its investment attraction strategies in line with the industrial complex supply schedule, and will carry out practical activities such as identifying target companies, promoting the location’s advantages, providing tailored investment consultations, and developing arguments for attracting strategic industries. In addition, the city will coordinate with related organizations to ensure that its attraction strategies are implemented effectively.

Mayor Lim Byeongtaek of Siheung stated, "The Gwangmyeong·Siheung Urban High-Tech Industrial Complex is a core area where we can redraw Siheung’s industrial future," adding, "We will proactively prepare for company attraction and the creation of an industrial ecosystem, and will devote all our efforts to making northern Siheung an emerging hub for future industries."

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