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Hupyeong General Industrial Complex: Leading the Future of Korea’s Culture, Knowledge, ICT and Bio Industries
Date
2024.04.08
Hupyeong General Industrial Complex was established in 1969 to enhance the competitiveness of local industries around Chuncheon. The complex is located in the city center along the Soyang River and enjoys excellent access to Jungang Expressway and Seoul Yangyang Expressway. It has a total area of 483,288m2, houses 365 companies and has an annual output of KRW 164.9 billion (as of Dec. 2023).
However, the aged industrial complex, built more than 50 years ago, is suffering from deterioration of infrastructure, and efforts are needed to improve the facilities and the residential area of workers.
However, the aged industrial complex, built more than 50 years ago, is suffering from deterioration of infrastructure, and efforts are needed to improve the facilities and the residential area of workers.
Overview of Industrial Complex
- Title : Hupyeong General Industrial Complex
- Location: Hupyeong-dong, Chuncheon
- Area
(unit : ㎡)
산업단지 단지규모를 나타내는 표 Total area Industrial facilities Supporting facilities Public facilities Green area 483,288 263,376 70,741 144,780 4,391
In order to tackle these problems, Chuncheon City selected Hupyeong General Industrial Complex as a regeneration project area in 2017 and launched a regeneration project to widen roads and improve the landscape. The project is actively underway with the goal of completion in 2025.
In addition, Chuncheon City, together with the Ministry of Trade, Industry, and Energy (MOTIE), has been working to build and improve the infrastructure since 2020 in projects including (1) the construction of a multi-purpose cultural center meeting the cultural needs of young workers, (2) the remodeling of closed factories to establish and support the stage after business incubation (BI) for startups, and (3) the creation of better streets to enhance the aesthetics and provide resources specialized for the industrial complex
Hupyeong General Industrial Complex has attracted two knowledge industry centers and saw an increase in the number of companies specializing in knowledge and IT. The complex is also attracting young workers with its supporting organizations providing BI functions in an effort to facilitate the shift* in the industrial structure from traditional manufacturing to knowledge, ICT, and high-tech bio industries.
**Percentage of high-tech industries:2017 13.3% → 2023 60.1%
Despite its excellent accessibility, the Hupyeong General Industrial Complex has been avoided by young workers due to its dilapidated infrastructure. However, it is expected to emerge once again as the leading industrial complex of Chuncheon through policy efforts such as implementing various infrastructure improvement projects and building facilities that will attract the younger generation.
In addition, Chuncheon City, together with the Ministry of Trade, Industry, and Energy (MOTIE), has been working to build and improve the infrastructure since 2020 in projects including (1) the construction of a multi-purpose cultural center meeting the cultural needs of young workers, (2) the remodeling of closed factories to establish and support the stage after business incubation (BI) for startups, and (3) the creation of better streets to enhance the aesthetics and provide resources specialized for the industrial complex
Hupyeong General Industrial Complex has attracted two knowledge industry centers and saw an increase in the number of companies specializing in knowledge and IT. The complex is also attracting young workers with its supporting organizations providing BI functions in an effort to facilitate the shift* in the industrial structure from traditional manufacturing to knowledge, ICT, and high-tech bio industries.
**Percentage of high-tech industries:2017 13.3% → 2023 60.1%
Despite its excellent accessibility, the Hupyeong General Industrial Complex has been avoided by young workers due to its dilapidated infrastructure. However, it is expected to emerge once again as the leading industrial complex of Chuncheon through policy efforts such as implementing various infrastructure improvement projects and building facilities that will attract the younger generation.
* Source: (Text/photo) Korea Industrial Complex Corporation