Mayor Hyunduk Choi of Namyangju: "We Will Create a Virtuous Cycle of Local Business Participation in Wangsuk New Town Projects"

Win-Win Cooperation Meeting Brings Together Over 80 Developers and Builders
Namyangju City Expands Local Manpower, Materials, and Equipment Participation
Developers, Builders, and Local Companies Gather to Discuss Increased Local Involvement

Namyangju City in Gyeonggi Province (Mayor Hyunduk Choi) is expanding the participation of local construction companies, manpower, materials, and equipment in large-scale development projects, including the Wangsuk New Town.

Namyangju Mayor Hyunduk Choi is discussing win-win cooperation plans with representatives from the project developer, construction company, and local businesses at the "Namyangju New Town Development Project Win-Win Cooperation Meeting" held on the 12th at the City Hall Yeoyudang. Provided by Namyangju City

On the 12th, Namyangju City held a “Win-Win Cooperation Meeting” at the city hall Yeoyudang, with Mayor Hyunduk Choi, Vice Mayor Kim Sangsoo, officials from Korea Land and Housing Corporation (LH) and Gyeonggi Housing & Urban Development Corporation (GH), major builders such as Hyundai Engineering & Construction, as well as more than 80 participants representing local companies and organizations in attendance.

This meeting was organized to establish a cooperative system between project developers, construction firms, and local businesses, so that the large-scale investment in the new town development leads to revitalization of the local economy. It is also a flagship project of the ninth popularly elected administration, aimed at transforming Namyangju from a residential-focused city into a self-sustaining city with a solid economic and living infrastructure.

Participants shared the direction for pushing forward with the new town projects and difficulties occurring on construction sites, discussing measures to increase the substantive participation of local businesses. Namyangju City explained the technical capabilities and business participation efforts of local businesses to the construction firms and requested that the registration standards for partner companies be relaxed to lower entry barriers.

Mayor Hyunduk Choi stated, “The benefits of large-scale development projects, including the Wangsuk New Town, should be returned to the local community and citizens. We will create a virtuous cycle in which local construction firms, manpower, materials, and equipment are actively involved on site, thus building a foundation for Namyangju to leap forward as a self-reliant city.”

He added, “As large construction companies contribute to win-win cooperation with local firms, we will provide active administrative support, such as city and provincial permits and approvals, to ensure the safe and successful implementation of the projects.”

Currently, there are 38 construction zones underway for the new town development in the Wangsuk, Wangsuk 2, Jinjeop 2 districts, and Yangjeong Station area. Nineteen large construction companies, including Hyundai Engineering & Construction, Daewoo E&C, Ssangyong E&C, Kyeryong Construction, and Dongbu Construction, are participating in these projects.

Namyangju City signed a “Local Business Win-Win Cooperation Agreement” in June 2025 and, in July, discussed ways to expand local specialized construction companies’ participation through the “Let’s Meet the Mayor” citizen communication program.

Namyangju Mayor Hyunduk Choi and representatives from the developer, construction company, and local businesses are taking a commemorative photo after the "Namyangju New Town Development Project Win-Win Cooperation Meeting" held on the 12th at the Yeo-yudang of City Hall. Provided by Namyangju City

Going forward, Namyangju City plans to open the “Wangsuk Partners Center,” which will be solely responsible for information exchange between developers, builders, and local businesses. The city is also considering signing additional business agreements with construction firms.

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