Goyang City Ranks First in Business Inflow from Seoul... 776 Companies Relocated Over Three Years

One Out of Every Five Businesses Relocating to Gyeonggi Chooses Goyang

Goyang Ranks First in Net Inflow of Businesses to Gyeonggi

Wholesale/Retail, Accommodation/Food Services, and Business Services Lead Inflows

Reflecting Trends in Growth of Commercial and Business Districts

Goyang Special City in Gyeonggi Province (Mayor Lee Donghwan) was identified as the region with the highest inflow of businesses from Seoul, according to recently released business movement statistics from the Gyeonggi Job Foundation.

Analysis of Inflow and Outflow Structure of Businesses in Gyeonggi Province. Provided by Gyeonggi Province Job Foundation

According to the "Analysis of Inflow and Outflow Structure of Businesses in Gyeonggi Province" announced by the Gyeonggi Job Foundation in January, a total of 776 businesses were net relocated from Seoul to Goyang City over the past three years, from 2022 to 2025, marking the highest figure among the 31 cities and counties in Gyeonggi Province.

During this period, Goyang City accounted for about 20% of the total net inflow of 3,864 businesses that moved from Seoul to Gyeonggi Province. It was followed by Hanam City with 508 businesses and Namyangju City with 407 businesses, highlighting Goyang City's relatively high level of business inflow.

By business type, wholesale/retail and accommodation/food services comprised the largest share at 40.1%, followed by business services at 19.6%, indicating a marked trend toward the relocation of service-oriented businesses.

This trend is analyzed as reflecting the regional characteristics of Goyang City, where commercial areas for lifestyle-focused service industries and business districts are actively forming.

Additionally, within the northern region of Gyeonggi Province, there is a trend of businesses relocating from Seoul to nearby areas. Goyang City, in particular, has been evaluated as an area with relatively active business relocation flows, thanks to its accessibility and transportation connectivity to Seoul.

Meanwhile, Goyang City expects that as the industrial base expands through ongoing projects such as the construction of Ilsan Techno Valley, the business environment for corporate activities will further improve in the future.

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