Namwon City Holds "KTX Namwon Station Area Investment Leading District" Declaration Ceremony

"Establishing a Future Growth Hub City"

On November 10, Namwon City in North Jeolla Province held the "KTX Namwon Station Area Investment Leading District Development Vision Declaration Ceremony" at the KTX Namwon Station Plaza, officially announcing the start of efforts to establish Namwon as a future growth hub city.

According to the city, the event was organized to share the direction of the station area development with citizens and to build regional consensus.

Following its designation as an Investment Leading District by the Ministry of Land, Infrastructure and Transport on November 7, the Namwon Station Area will be developed as a future-oriented compact city. Plans include creating a convergence industrial hub centered on drones, smart agriculture, and the bio industry, as well as a complex transfer center, and integrating residential, cultural, and commercial functions.

Namwon City held the 'KTX Namwon Station Area Investment Leading District Development Vision Declaration Ceremony' on the 10th at the KTX Namwon Station Plaza. Photo by Namwon City

Approximately 200 participants attended the event, including representatives from investment agreement companies, Namwon City, the Namwon City Council, related organizations, businesspeople, and citizens. Attendees agreed that the development of the Namwon Station Area would mark a turning point for local industry and urban structure.

The city plans to sequentially establish a Future Industry Plaza (FIP) focused on drone R&D, demonstration, and business showcases; a Regional Industry Plaza (RIP) featuring a smart agriculture and bio R&D platform; a Cultural Street for tourism and commercial revitalization; and a complex transfer center connecting the Dalbit Railway and Jeolla Line as a southern transportation hub. These efforts aim to create an integrated urban environment linking industry, daily life, and tourism.

The creation of the KTX Namwon Station Area Investment Leading District is expected to generate a total production inducement effect of 650 billion won, create added value of 300 billion won, and induce employment for approximately 3,200 people.

In addition, the transition to industries centered on drones, smart agriculture, and bio will advance the local industrial structure, provide a foundation for youth settlement, and revitalize the city, including promoting coexistence with the original downtown area.

Starting this year, the city will establish the basic plan and administrative procedures, complete district designation and planning next year, and proceed with the establishment of an SPC and site development construction in 2027-2028.

From 2028 to 2029, core upper-level industrial facilities such as the FIP and RIP will be constructed, and from 2030 onward, a virtuous cycle of facility operation and reinvestment will be established.

In his vision statement, Mayor Choi Kyungsik said, "The development of the Namwon Station Area will transform the city's structure and mark the beginning of a new Namwon where industry, culture, people, and opportunities converge. I will make sure to fulfill today's promise that the future of Namwon begins at the station area."

This content was produced with the assistance of AI translation services.