Shortcut to Body Shortcut to main menu

News & Event

  • Home
  • News
  • News & Event
Construction completion of Seodaegu Knowledge Industry Center

According to Yonhap News,

Seodaegu Knowledge Industry Center, established for recovery of aging industrial complex, will operate in earnest from next month.

Daegu-si announced on June 15 that the Knowledge Industry Center had bee constructed within Seodaegu Industrial Complex Revitalization Zone. SMEs and startups would start moving-in from next month.

It has been pushed for as part of a development project for revitalization zone of Seodaegu Industrial Complex Recovery, to be completed by 2024.

The revitalization zone development project has the intention of completely developing a certain area, which will then lead the advancement of entire businesses in the industrial complex. In doing so, it can act as a hub of industrial complex.

The construction of this Knowledge Industry Center-which commenced in June 2019- took about KRW 67.3 billion in total operation cost.

The project has been proceeded as REITs, with Daegu-si, Korea Housing & Urban Guarantee Corporation, and Korea Land & Housing Corporation co-funding KRW 20.2 billion, while National Housing Fund lending KRW 33 billion.

The Center has a total of 167 rooms: 90 offices, 49 manufacturing rooms, 16 support facility rooms, and 13 storage rooms.

Daejeon-si plans to support marketing, sales channel opening, and technologies tailored to tenant companies.

A city official said, "We will attract companies of the knowledge industry to the Center, making it a hub of innovation which injects vitality into aging Seodaegu Industrial Complex".

Source Text

Copyrights Yonhap News. All Rights Reserved.
Reprint or redistribution without permission is prohibited.

Source:Yonhap News (June 15, 2021)

** This article was translated from Korean.