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Iksan-si to expand the 3rd General Industrial Complex
On August 27, Iksan-si, Jeonbuk State announced that it will officially proceed with the expansion project of the 3rd General Industrial Complex to strengthen the local industrial foundation and attract more businesses.
An official from the city explained at a regular briefing that "the administrative procedures for the 3rd Industrial Complex expansion project have reached the final stages, and preparations for the construction are now in full swing."
This project, which focuses on expanding the industrial land by 272,815 square meters, aims to respond proactively to demand for industrial spaces and further strengthen the foundation of the industrial complex.
The city plans to finalize the project by completing the contract review committee process, including cost assessments, and intends to commence construction in October.
So far, 70% of the land required for the expansion has been compensated, and the remaining land, for which agreements have not yet been reached, will undergo a land expropriation procedure.
In addition to expanding the industrial space, the project will also include the construction of stormwater retention facilities, small parks, and parking areas for residents' convenience.
The official added, "The expansion of the 3rd Industrial Complex will enhance Iksan's future industrial competitiveness and we will do our best to create an environment where businesses can trust and invest."
chinakim@yna.co.kr
Source Text
** This article was translated from Korean.
Date
2025.09.01
Views
9
According to Yonhap News,
On August 27, Iksan-si, Jeonbuk State announced that it will officially proceed with the expansion project of the 3rd General Industrial Complex to strengthen the local industrial foundation and attract more businesses.
An official from the city explained at a regular briefing that "the administrative procedures for the 3rd Industrial Complex expansion project have reached the final stages, and preparations for the construction are now in full swing."
This project, which focuses on expanding the industrial land by 272,815 square meters, aims to respond proactively to demand for industrial spaces and further strengthen the foundation of the industrial complex.
The city plans to finalize the project by completing the contract review committee process, including cost assessments, and intends to commence construction in October.
So far, 70% of the land required for the expansion has been compensated, and the remaining land, for which agreements have not yet been reached, will undergo a land expropriation procedure.
In addition to expanding the industrial space, the project will also include the construction of stormwater retention facilities, small parks, and parking areas for residents' convenience.
The official added, "The expansion of the 3rd Industrial Complex will enhance Iksan's future industrial competitiveness and we will do our best to create an environment where businesses can trust and invest."
chinakim@yna.co.kr
Source Text
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Source: Yonhap News (August 27, 2025)
** This article was translated from Korean.