Goyang City, Ilsan Techno Valley 2nd sale… Expansion of tenant industries

Goyang City, Gyeonggi Province, announced on the 13th that in order to attract more companies to Ilsan Techno Valley, it will lower the occupancy threshold and begin secondary sales.

The site being supplied this time is 19 lots for a state-of-the-art manufacturing facility, totaling 57,06 m2.

The biggest change in the second pre-sale is the expansion of the industries to allow companies from more diverse fields to move into Ilsan Techno Valley.

Previously, only certain high-tech industries that met detailed standards were allowed to move in.

However, in the second sale, the standards were relaxed to allow a wide range of industries that deal with cutting-edge technologies recognized by Goyang City, such as bio, medical, aviation, space satellites, drones, robots, semiconductors, electricity, and electronics, to be allowed to move in.

In addition, the types of businesses that can move into each lot have been expanded, allowing companies to select a site according to their desired business size and conditions.

Another new change is that priority is given to occupancy during the land supply process.

Land is supplied through competitive bidding at the highest price, but when multiple companies compete for the same site, priority is given to companies relocating or expanding within Goyang City and companies relocating or expanding in overcrowding control areas within the metropolitan area.

Through this, we plan to not only attract excellent external companies, but also promote the growth of companies in Goyang City and revitalize the local economy.

Support benefits that reduce the initial investment burden of companies will remain the same.

For companies purchasing more than 3,300 m2 of land for a high-tech manufacturing facility, land purchase costs of up to 800,000 won per pyeong will be supported.

It provides a 60% reduction in acquisition tax and a 35% reduction in property tax, helping companies invest more stably in Goyang City.

Goyang City is also preparing additional support measures to increase the effectiveness of attracting businesses.

Goyang City is reviewing various support measures needed for companies, such as expanding location subsidies, special support for key companies representing Ilsan Techno Valley, and linking housing supply for the convenience of company executives and employees.

Goyang Mayor Min Kyung-seon said, "With this second sale, we will strive to attract more promising companies and ensure that corporate growth and quality job creation lead to the development of Goyang City's local economy."

For the second sale, pre-screening for bid participation qualifications will be conducted from the 23rd to the 27th, and bid applications will be accepted through Onbid from the 30th to the 2nd of next month.

Detailed sales information can be found on the Goyang City Hall, Goyang City Management Corporation, Onbid, and Ilsan Techno Valley websites.