Suwon R&D Science Park to Be Designated as Urban Development Zone in January Next Year

The site for the Suwon R&D Science Park in Gyeonggi Province will be designated as an urban development zone in January next year.

On December 8, Suwon City held a citizen briefing session on the "Suwon R&D Science Park Development Project," with Mayor Lee Jaejun addressing citizens at the Mulbit Nuri Hall of Ilwol Arboretum.

Mayor Lee Jaejun explained, "The Suwon R&D Science Park possesses four key factors for the success of an advanced science research city: a rich talent pool, a grid-type transportation network, an excellent residential environment, and high corporate demand for occupancy."

The Suwon R&D Science Park development project aims to create a high-tech science research complex on a 352,600-square-meter site in 484 Ip-buk-dong, Gwonseon-gu.

The goal is to attract advanced research companies in fields such as R&D (Research & Development), AI (Artificial Intelligence), semiconductors, IT (Information Technology), and bio, and to become a "global advanced R&D hub" leading the world.

The plan includes building research and development facilities and an industry-academia cooperation center within the R&D Science Park. There will also be apartment complexes for researchers and workers, as well as parks and green spaces.

Lee Jaejun, Mayor of Suwon, is explaining the Suwon R&D Science Park to citizens on the 8th. Provided by Suwon City

Near the R&D Science Park are the Natural Sciences Campus of Sungkyunkwan University, a semiconductor-specialized university producing outstanding research talent, and the Tapdong Innovation Valley, making active industry-academia-research collaboration likely.

The site is adjacent to Sungkyunkwan University Station on National Railroad Line 1 and the planned Guun Station on the extended Shinbundang Line (Gwanggyo-Hommaesil section). It is also just a five-minute drive from the Dangsu and Geumgok interchanges on the Pyeongtaek-Paju Expressway.

Suwon City plans to designate a "Suwon Free Economic Zone" covering 3.3 square kilometers (1 million pyeong), centered around the R&D Science Park and Tapdong Innovation Valley, to create a Korean-style Silicon Valley.

Mayor Lee Jaejun stated, "Once the R&D Science Park is completed, companies will gather, jobs will increase, and the region will grow overall. The R&D Science Park is not just a development project, but the starting line for Suwon's future."

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