Invest KOREA

Project Overview

• Location : 1280, Palgoe-ri, Yeongwol-eup, Yeongwol-gun
• Development Area : 259,100㎡(78,377 pyeong) ※ Sale rate 88%(4 parcels of land remained)
• Project Budget : 30 billion
• Organized by : Yeongwol County
• Note : Yeongwol-gun Business Incubation Center in operation (opened in 2019), Planned to build a factory for rent(steel framed 3 floors 12 rooms / Gloss Floor Area (GFA) 2,900㎡)

Locational Condition

• Location : 5 minutes from Yeongwol-gun office, 2 minutes from National Support Local Road No. 88
• Accessibility (Transportation Infrastructure) : 2 hours from Seoul, Daejeon, Daegu, and Pyeongtaek (limited access road up to Jecheon IC)
• Nearby Tourist Sites : Cheongnyeongpo, Jangneung Royal Tomb, Byeolmaro Observatory, Geumgangjeong, Deokpo 5-Day Market, etc.

Development Concept

• Agricultural Industrial Complex
  • Sales price 77,440 won/㎡(256,000 won/pyeong)
  • Wastewater treatment plan : 430 ton/day, Electricity 3,600Kw, 100 telecommunication lines

Land Status

• Remaining 4 parcels of land are up for sale

Incentives

• Investment subsidy for abandoned mine areas
  • [Land] Land purchase cost × 50%(up to 1 billion won)
  • [Facility] Facility investment cost × 30%(up to 2 billion won)

Expected Results

• Possible to attract blue-chip companies thanks to improved accessibility, resulting from construction of Yeongwol-Jecheon Expressway
• Revitalization of local economy and job creation

• General Information about Yeongwol

  • Area : 1,127.5㎢
  • Population : 39,305(as of 2020)
  • Characteristics : Focus on abandoned mine areas and trinary industry
• Investment Advantages
  

  • Possible to provide abandoned mine areas investment subsidy
  • 2 hours from main roads
  • No need for additional civil works as an agricultural industrial complex
  • Equipped with wastewater treatment facility