Yongin City Grants Partial Completion Approval for Sections 1 and 2 of Wonsam General Industrial Complex, Easing Business Difficulties for Companies

City Takes Proactive Administrative Measures
to Resolve Delayed Completion Due to Project Operator Change
Property Registration Now Possible for Sections 1 and 2
Companies Expected to Resume Financing and Investment

Yongin Special City in Gyeonggi Province (Mayor Lee Sangil) has taken bold administrative action to support companies moving into the 'Wonsam General Industrial Complex,' which has faced difficulties due to delays in administrative procedures.

The 'Wonsam General Industrial Complex' with partial completion approval for Section 1 and Section 2. Provided by Yongin City

On April 23, Yongin Special City announced that it had granted partial completion approval for Section 1 and Section 2 within the 'Wonsam General Industrial Complex,' which is currently being developed in Wonsam-myeon, Cheoin-gu.

Although the construction of infrastructure and company buildings at the Wonsam General Industrial Complex was completed in 2021, the final completion was delayed due to changes in project operators and other reasons.

With this partial completion approval, tenant companies can now proceed with property registration and financing work, which is expected to help improve their financial structure and enable them to pursue previously suspended investment plans.

The Wonsam General Industrial Complex consists of three sections in total, and the area of Section 1 and Section 2, which received partial completion approval, is 50,468.7 square meters out of the total 108,944.7 square meters. Four out of the five companies moving in are located in these sections.

In particular, this area is home to global semiconductor equipment manufacturer Tokyo Electron Korea, as well as other companies related to the semiconductor industry. It is expected to play an important role in establishing a semiconductor ecosystem in the Yongin region.

An official from Yongin City stated, "Although the construction of infrastructure for industrial and public facilities has been completed in Section 1 and Section 2 of the 'Wonsam General Industrial Complex,' completion has been delayed, raising concerns that companies may face management difficulties. The partial completion is an essential measure for corporate survival and industrial revitalization, and we will continue to provide full administrative support to ensure that companies in Yongin can maintain stable business operations."

The Wonsam General Industrial Complex, currently under development at 587-2, Jukneung-ri, Wonsam-myeon, Cheoin-gu, Yongin Special City, is being developed as a customized industrial complex through a private development method, in line with a demand-oriented supply policy for end-user companies.

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