Yeoju City announced on June 3 that it has swiftly completed administrative procedures for the Ganam Sinhae General Industrial Complex development project, a key pledge of the 8th popularly elected administration, and has entered a full-scale execution phase after recently requesting the Public Procurement Service to proceed with construction bidding.
The Ganam Sinhae General Industrial Complex will be built on an approximately 270,000-square-meter site in the Ganam-eup area. Yeoju City is courting businesses by planning a land-use scheme and infrastructure construction that preemptively reflect corporate demand.
The city has earned praise for maintaining both speed and quality by carrying out complex administrative procedures — from establishing development plans to coordinating with relevant agencies and completing various reviews — without setbacks.
Alongside the project's progress, Yeoju City is actively pursuing the attraction of advanced manufacturing firms. Through this effort, the city plans to strengthen connections with the southeastern Seoul metropolitan industrial belt and maximize inter-industry synergy, accelerating its transformation from an agriculture-centered city to an advanced industry-centered city. Notably, tangible results in corporate attraction have begun to emerge, with the city signing memorandums of understanding (MOUs) worth approximately 55 billion won ($40 million) with S&S in February and RES Co. in April.
"The Ganam Sinhae General Industrial Complex is a strategic project that will fundamentally reshape Yeoju's industrial landscape and future growth foundation," Yeoju Mayor Lee Chung-woo said. "We will concentrate all administrative resources to provide businesses with the best investment environment through swift project execution and to create quality jobs that citizens can tangibly feel."
