Siheung City to Begin Siwha National Industrial Complex Regeneration in April... Aiming for Comprehensive Innovation
Siheung City in Gyeonggi Province (Mayor Lim Byeongtaek) announced that it will begin construction on the 'Siheung National Industrial Complex Regeneration Project' starting in April, as part of efforts to enhance the competitiveness of the aging Siwha National Industrial Complex.
The Siwha National Industrial Complex Regeneration Project is a large-scale initiative covering approximately 6,683,000 square meters in the Jeongwang-dong area, with a total project cost of 48.8 billion won to be invested from 2018 to 2027. The project focuses on upgrading infrastructure throughout the complex, including improvements to five main road routes, the creation of roadside parking lots accommodating 1,231 vehicles, and the establishment of new parks.
The city completed preliminary administrative procedures, such as feasibility studies, and since 2023 has carried out construction in selected sections, completing the expansion of Gongdan 2-daero, installation of roadside parking lots, improvement of sidewalks, and creation of a small park (314 square meters). Starting with the construction phase set to begin in April, the city will embark on comprehensive facility enhancements across the entire industrial complex.
This round of construction will include the expansion of the Gongdan 1-daero section, installation of roadside parking lots, sidewalk improvements, maintenance of streetlights along Jeongwangcheon-ro, construction of a six-court tennis facility in Hope Park, and the refurbishment of paving blocks. By 2027, the city also plans to sequentially improve major arterial roads such as Mayu-ro and Okguchondong-ro, as well as create additional parks and parking lots.
The city expects that upon completion, the project will resolve persistent issues such as traffic congestion and parking shortages within the industrial complex, and will significantly improve working conditions for employees. In addition, by expanding support and convenience facilities and upgrading business sectors, the city aims to foster the Siwha National Industrial Complex into a high value-added, smart innovation hub.
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Jung Hogee, Director of Economic Affairs, stated, "This regeneration project is a key initiative to enhance the competitiveness of aging industrial complexes and build a sustainable industrial ecosystem," adding, "Through systematic project implementation, we will achieve improvements to the industrial environment that both businesses and workers can truly experience."
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