DGFEZ held its groundbreaking ceremony for the 2nd phase of the Gyeongsan Knowledge Industry District on November 27 (Fri).
The project site is currently being developed over an area of 3.83 million m2 in Sowol-ri, Wachon-myeon and Daehak-ri, Hayang-eup in Gyeongsan-si in two phases. The progress rate of Phase 1 of the project is 98%, and 80% of the industrial use land lots are sold (with more than 140 businesses currently in operation in the complex). The site has also been selected for six projects that are funded by the central government.
Phase 2 (980,000m2) will include the development of industrial use land lots focusing on medical device industries and new materials industries, while the land lots for commercial facilities and residences will also be developed for a more convenient environment for the businesses.