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Regional Projects

2017.02.17
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Pohang Blue Valley Development Project (National Industrial Complex)

□ Site Layout (plan)




Industry

Area for lease (㎡)

Percentage

Total

Stage 1

Stage 2

All industries

3,501,362

1,323,555

2,177,817

100

Machine parts

315,289

178,033

137,266

9.0

Steel parts

2,234,138

831,890

1,402,248

63.8

Shipbuilding parts

258,857

-

258,857

7.4

Automobile parts

231,849

89,411

142,438

6.6

Energy and IT

461,229

224,221

237,008

13.2


□ Overview


○ Location: the entire area comprising Guryongpo-eup, Donghae-myeon, and Janggi-myeon, in Nam-gu, Pohang City
○ Area: 6,119,465㎡ (3,501,000㎡ for industrial use; 2,199,000㎡ for the public sector)
   - Stage 1 (2,956,000㎡): Groundbreaking in October 2014. Completion expected in December 2017.
   - Stage 2 (area undecided): Groundbreaking in July 2017. Completion expected in September 2019.
○ Leasing costs: KRW 694,000 per 3.3㎡ ○ Leasing begins September 28, 2016
○ Industrial area to be used for manufacturing machine parts, automobile parts, steel parts, ship parts, and parts for energy and IT industries
○ Developer: Korea Land & Housing Corporation (LH Corp.)
 ※ To inquire about leasing: Call the LH Corp. Pohang Division at +82-(0)54-280-5415, or Pohang City Hall’s Investment Business Support Department at +82-(0)54-270-2823


□ Utilities and Infrastructure


Utility/infrastructure

Scale

Details

Water

28,000㎥/day

New water treatment plant operated by the Korea Water Resources Corporation

Electricity

2,695,722㎿h/year

154㎸ from electrical substation in adjacent Sangjeong-ri

Telecommunication

12,023 transmission lines


Waste water disposal

15,300㎥/day


Roads

808,099㎡

- Major highways: 20 to 40 meters wide
- Minor highways: 15 to 25 meters wide
- Surface roads: 8 to 10 meters wide

Parking area

36,556㎡



□ Blue Valley Industrial Cluster


○ Convenient transportation
   - By train (KTX): 2hrs. 15min. to/from Seoul
   - By car (highway): 50min. to/from Daegu, 20min. to/from Ulsan
   - By plane (Pohang Airport): 50min. from Seoul
   - By ship (Yeongilman Port): 54 berths
    * Logistics hub in anticipation of a unified Korea and road connections to the North.
○ R&D Hub
   - Institutes involved: Postech, PTP, NINT, PAL, MPK, PBC, RIST, KIRO, etc.
   - Personnel: 3,500 master’s and doctoral degree holders (1,370 researchers)
   - No. of registered patents: 3,404
○ Free Economic Zone (Pohang Fusion Tech District)
   - Area: apprx. 1,455,000㎡ (apprx. 54,000㎡ for industrial use)
   - Industries: mechatronics, biomedical, green energy
   - Production bases for foreign invested companies


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Pohang City Industrial Clusters and Investment Incentives
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