Goyang City Sees Vacancies Decline in Knowledge Industry Centers... Occupancy Rate Nears 77%

Up 4.58 Percentage Points from First Survey
7,120 Companies Now Occupy 29 Centers
24,677 Resident Employees
LG HelloVision and IS Dongseo Also Join Goyang Centers

The average occupancy rate of knowledge industry centers in Goyang City has reached nearly 77%, indicating a decrease in vacancies. As the number of tenant companies and on-site employees continues to grow, these centers are increasingly being recognized as key hubs supporting the local industry and employment.

Aerial view of Goyang City Knowledge Industry Center. Provided by Goyang City

Goyang Special City in Gyeonggi Province (Mayor Min Kyungseon) announced that it conducted its '2026 Second Status Survey' on 33 knowledge industry centers within the city from July to early August 2026. The survey covered 29 centers in operation and 4 currently under construction.

The results showed that the average occupancy rate of the 29 operational centers was 76.98%. This marks a 4.58 percentage point increase compared to 72.4% recorded during the first survey in March. The number of tenant companies increased to 7,120, while the number of resident employees rose to 24,677, indicating growth in both company presence and employment scale.

In this inspection, the city focused on assessing current occupancy status, trends in vacancy reduction, and whether broadening the range of permissible industries leads to attracting more businesses and generating employment. Difficulties reported by companies on-site will be shared with relevant departments, with plans to devise policy improvements and additional support measures.

The city is also working to improve the occupancy environment. Official notices have been sent out to remove unauthorized objects from parking spaces, and voluntary compliance guides regarding business category violations have been distributed to all centers to prevent such infractions.

Goyang City plans to further expand the range of eligible industries for occupancy, particularly in the convergence of new industries and cultural content, aiming to build a high-value-added industrial ecosystem that integrates cutting-edge technology and culture.

Recently, LG HelloVision relocated to a local knowledge industry center in December 2025 and IS Dongseo followed in March 2026. Building upon these developments, the city intends to focus on attracting not only small and medium-sized enterprises but also promising large corporations and mid-sized companies.

A Goyang City official stated, "Through this survey, we have confirmed the trend of rising occupancy rates and the reduction of vacancies in knowledge industry centers. Moving forward, we will continue to expand appropriate industry categories for converged new industries and the cultural content sector in line with the ninth popularly elected administration's pledges. We are committed to actively fostering a high-value-added industrial ecosystem where advanced technology and culture are intertwined."

The official added, "With recent cases of leading corporations such as LG HelloVision (relocated in December 2025) and IS Dongseo (relocated in March 2026) moving into local knowledge industry centers, we will spare no administrative support to ensure not only small and medium-sized enterprises but also large and promising companies have a stable business environment, establishing these centers as essential growth hubs for the local economy."

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