[Gyeonggi Northern Region Grand Development 2040] Transforming the North with SOC Expansion, Advanced Industries, and Regulatory Innovation

Governor Dongyeon Kim Announces "Gyeonggi Northern Region Grand Development 2040" Vision
Transformation from "Special Sacrifice" to "Korea's Growth Engine"
Gyeonggi Province to Pursue Seven Core Tasks for Northern Region by 2040
Securing Growth Momentum for the North through SOC Expansion and Industrial Infrastructure Innovation

Gyeonggi Province Governor Dongyeon Kim announced the "Gyeonggi Northern Region Grand Development 2040 Vision," which aims to fully mobilize all capabilities of Gyeonggi Province to reshape the map of the northern region and substantially improve the lives of northern residents.

Gyeonggi Province Governor Dongyeon Kim announced on the 18th the 'Gyeonggi Northern Region Major Development 2040 Vision,' which aims to mobilize all capabilities of Gyeonggi Province to reshape the map of the northern region and fundamentally improve the lives of the northern residents. Provided by Gyeonggi Province

On March 18, Governor Kim held the Gyeonggi Northern Region Grand Development Vision Proclamation Ceremony at the Gender Equality Paju Exhibition and Education Center, stating, "Since the launch of the government based on national sovereignty, the northern region of Gyeonggi has reached a turning point for a new leap forward. Gyeonggi Province has also been preparing a special initiative for the northern region. Through the Gyeonggi Northern Region Grand Development 2040 Vision, we will unlock the potential of the northern region and establish it as a new growth axis for Korea."

Governor Kim continued, "The Gyeonggi Northern Region Grand Development 2040 is not merely a regional development project, but a long-term comprehensive development strategy to transform the northern region, which holds infinite potential, into a hub for peace, balanced development, and innovative growth. By 2040, we will completely change the map, industry, and daily lives of northern residents through expanding social overhead capital (SOC), innovating industrial infrastructure, and easing overlapping regulations."

On this day, Governor Kim outlined the Gyeonggi Northern Region Grand Development 2040 Vision in four key areas. First, the allocation of industrial zones will be prioritized to the northern region, including Uijeongbu and areas returned from the U.S. military, to lay the foundation for advanced industries. Second, for the first time among local governments, direct fiscal investment will be made in the development of returned U.S. military sites, transforming them into future growth bases.

Third, the governor plans to improve mobility for northern residents by extending Incheon Line 2 to Goyang, KTX to Paju, SRT to Uijeongbu, and GTX to Dongducheon. Fourth, he explained that the region will be fostered as a core hub for the K-defense industry, centered around the Gyeonggi Defense Venture Center in Pocheon, which opened last month.

Governor Kim also announced plans to advance the construction of the Northeastern Innovative Public Hospital by two years, aiming for an early start in 2028. In addition, the province will significantly strengthen administrative support to revitalize the northern economy, including early sales support for industrial complexes and financial support for small and medium-sized enterprises.

Governor Kim emphasized, "I firmly believe that the northern region of Gyeonggi is a powerful engine that awakens Korea's growth potential. The development of the northern region will drive Korea's growth. Through the Gyeonggi Northern Region Grand Development 2040, we will open a new era for the northern region."

Gyeonggi Province Governor Dongyeon Kim is performing after announcing the 'Gyeonggi Northern Area Grand Development 2040 Vision,' which aims to fully mobilize all capabilities of Gyeonggi Province to transform the map of the northern region and practically improve the lives of northern residents on the 18th. Provided by Gyeonggi Province

This initiative is a long-term development project aimed at establishing the foundation for growth in the northern region of Gyeonggi through strategies such as expanding SOC, innovating industrial infrastructure, and easing overlapping regulations.

The northern development plan, established in 2023 and previously managed with 165 agendas, has been reorganized to implement 378 detailed projects across seven core tasks by 2040. The seven core tasks include: In the road sector, the construction of an expressway centered on northern Gyeonggi (targeting completion in 2034), as well as 16 key national and local roads totaling 63.68 km and 20 provincial roads totaling 87.95 km. For railways, the plan targets the extension of KTX to Paju, SRT to Yeoncheon, expanded GTX-A to H lines, and the implementation of the second Gyeonggi Province urban railway network plan, including the Yangju Deokjeong-Okjeong Line.

In urban development, a 300 billion won development fund will be established over 10 years to proactively develop returned U.S. military sites. For jobs and industrial infrastructure, the province will promote the establishment of the Gyeonggi Northern Defense Venture Center, a defense industry innovation cluster (covering space, robotics, AI, drones, and semiconductors), the Goyang Ilsan and Yangju Techno Valleys, and the creation of advanced urban industrial complexes in Yangju Hoecheon and Namyangju Wangsuk. For improving living conditions, early construction of innovative public hospitals in Namyangju and Yangju and the relocation of public institutions to the northern region are planned. In the field of ecological environment and tourism, the initiative includes establishing a climate tech cluster and developing the DMZ Peace Tourism Hub.

For regulatory reform and institutional improvement, the plan is to promote balanced development and establish a foundation for growth in northern Gyeonggi by creating the Peace Economy and Opportunity Development Zone and revising laws for tailored regulatory easing in the region.

Kim Dongyeon, governor of Gyeonggi Province, is announcing the 'Gyeonggi Northern Region Grand Development 2040 Vision' on the 18th, which aims to mobilize all resources of Gyeonggi Province to fundamentally change the map of the northern region and practically improve the lives of its residents. Provided by Gyeonggi Province

Gyeonggi Province expects that the realization of the Gyeonggi Northern Region Grand Development 2040 Vision will bring about a production ripple effect of approximately 160 trillion won and an added value ripple effect of 68 trillion won.

The province will continuously monitor and manage the progress of each project and further develop the grand development initiative through ongoing communication with cities, counties, and residents.

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