Namyangju City Opens Nation’s First "Wangsuk Partners Center"... New Town Contracts to Local Businesses

Namyangju City Opens Nation’s First “Wangsuk Partners Center”
Connecting More Than 6,000 Local Companies with Developers and Contractors
Support Provided from Bid Information to Contract Assistance and Partner Registration
Expanding Participation Across 38 Project Zones in Four Districts Including Wangsuk
Mayor Hyunduk Choi: “Development Benefits Must Return to Citizens”

Namyangju City in Gyeonggi Province has established the Wangsuk Partners Center—the nation’s first dedicated hub to connect project developers, construction companies, and local businesses—to ensure that work from large-scale developments such as the Wangsuk New Town returns to local companies.

Mayor Hyunduk Choi of Namyangju is delivering a greeting at the 'Wangsuk Partners Center Opening Ceremony' held at the Gyeonggi Eastern Chamber of Commerce and Industry on the 20th. Provided by Namyangju City

According to Namyangju City Mayor Hyunduk Choi, the city opened the "Wangsuk Partners Center" at the Gyeonggi Eastern Chamber of Commerce and Industry in Geumgok-dong on August 20. The center aims to promote win-win cooperation between new town development projects and local businesses.

The center was established to bridge the information gap between project developers, construction companies, and local businesses participating in the new town development, and to support local companies’ direct involvement in construction, procurement, and related services.

For local companies, the center provides information on bidding plans and subcontracting opportunities related to new town development, as well as supporting all processes necessary for project acquisition: from business consultations to contract assistance and facilitating the registration of partner companies. For construction companies, it offers overviews and sector-specific information about Namyangju-based businesses to encourage the use of local companies.

The center is jointly operated by Namyangju City, the Gyeonggi Eastern Chamber of Commerce and Industry, Korea Land and Housing Corporation (LH), and Gyeonggi Housing and Urban Development Corporation (GH) as partner organizations. Namyangju City Vice Mayor Kim Sangsoo serves as the head of the center and oversees the establishment of a collaborative system connecting project developers, construction companies, and local businesses.

Mayor Hyunduk Choi is taking a commemorative photo with Honggyun Lee, Chairman of the Gyeonggi East Chamber of Commerce and Industry, after signing the "Wangsuk Partners Center Business Agreement for Win-Win Cooperation of Local Companies in New Town Development Projects." Provided by Namyangju City.

Currently, Namyangju is carrying out development projects totaling 16 million square meters across four districts: the Wangsuk District, Wangsuk 2 District, Jinjeop 2 District, and Yangjeong Station Area. Nineteen major construction companies—including Hyundai Engineering & Construction, Keum Kwang Construction, Ssangyong E&C, and Daewoo Engineering & Construction—are working across a total of 38 project zones.

There are about 6,000 local companies registered in related fields including construction, services, manpower, and materials. However, it has been pointed out that many local small and medium-sized enterprises find it difficult to access essential information such as project bidding schedules and procedures for registering as partner companies in large-scale developments.

Through the establishment of the Wangsuk Partners Center, the city aims to lower these information barriers and increase opportunities for local businesses to win contracts. The goal is to ensure that jobs and revenues generated by new town development circulate within the local economy.

Earlier, on August 12, the city organized a win-win cooperation roundtable with the participation of project developers, construction companies, and local businesses to discuss strategies for expanding local participation and sharing information.

Going forward, the city plans to hold regular communication sessions and sign business agreements with construction companies, and will also operate a public development project working group to expedite administrative procedures such as approvals. Through these initiatives, the city intends to establish a model for mutually beneficial growth of local companies, project developers, and construction companies in the new town developments.

Mayor Hyunduk Choi and related officials are taking a commemorative photo after the opening ceremony of the "Wangsuk Partners Center" on the 20th. Provided by Namyangju City

Namyangju Mayor Hyunduk Choi stated, “We will actively expand the participation and cooperation of local companies to ensure that the results of large-scale development projects, including the Wangsuk New Town, benefit both the community and its citizens. We will operate the Wangsuk Partners Center as a practical collaboration hub connecting project developers, construction companies, and local businesses, and will carefully monitor the process to ensure that the increased participation of local companies delivers tangible results.”

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