Hightech Valley
Overview
- Location The areas of Sandong-myeon and Haepyeong-myeon
- Project period 2009 ～ 2020 (12 years)
- Project cost KRW1.6868 trillion (Government subsidies : KRW51.9 billion)
- Operator The Korea Water Resources Cooperation (K-water)
- Attracting Business Electronic· information device, mechatronics, new material and carbon fiber, etc.
Project area size
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| Type | Whole | Industrial Land | Residential Land | Commercial· Support Land | Land for Public Facilities |
|---|---|---|---|---|---|
| Whole | 9,337,000㎡ (100%) 933.7 ha |
5,180,000㎡ (55.5%) 518 ha |
528,000㎡ (5.6%) 52.8 ha |
242,000㎡ (2.6%) 24.2 ha |
3,387,000㎡ (36.3%) 338.7 ha |
Project Status & Plan
- Proposal to establish a new industrial complex (Mayor of Gumi to the President): Mar. ‘08
- Instruction to proceed (Ministry of Land, Transport, and Maritime Affairs): Aug. ‘08
- Approval of the industrial complex plan and notification of topography drawing: Sep. ‘09
- A consignment management contract for compensation (K-water and the City of Gumi): Sep. ‘10
- First payment of land compensation (Donggok/Jeokrim, Sandong-myeon): Dec. ‘10
- Second payment of land compensation (Dojung-ri, Sandong-myeon): Oct. ‘11
- Construction of the 1st phase area (Sandong-myeon): Apr. ‘12
- Announcement of compensation plan for the 2nd phase area (Haepyeong-myeon): Aug. ‘13
- Cancellation of land permit area designation: Aug. ‘13
- Notification of the change in the industrial complex plan: May ‘14
- Notification of the change in the industrial complex plan: Jul. ‘17
