Goyang City Launches Second-Round Sale at Ilsan Techno Valley, Easing Entry for Drone, Robotics and Semiconductor Firms

19 lots totaling 57,006 square meters of advanced manufacturing land on offer... Preliminary screening Nov. 23-27
Companies buying at least 1,000 pyeong to receive up to 800,000 won per pyeong in land acquisition support

Goyang Special City in Gyeonggi Province (Mayor Min Kyung-seon) will launch the second-round sale of 19 lots totaling 57,006 square meters designated for advanced manufacturing facilities at Ilsan Techno Valley. Goyang City has expanded the range of eligible industries to include bio and medical fields, as well as drones, robotics, and semiconductors. It will also provide companies purchasing at least 1,000 pyeong of land with up to 800,000 won per pyeong toward land acquisition costs.

Goyang City launches second-round sales at Ilsan Techno Valley. Provided by Goyang City.

Starting with this round, companies working with advanced technologies recognized by Goyang City can also apply to move in if they operate in related industries such as aviation, space and satellites, or electrical and electronic equipment. The city has also expanded the industries permitted on each lot, giving companies more options to choose sites that suit the scale and purpose of their businesses.

The land will be supplied through competitive bidding, with lots awarded to the highest bidder. If multiple companies apply for the same lot, priority will be given to companies relocating or expanding their operations within Goyang, as well as companies relocating or expanding from areas designated as Seoul Metropolitan Area overconcentration control zones.

The city said it will offer a 60% reduction in acquisition tax and a 35% reduction in property tax, in addition to support for land acquisition costs. It is also considering expanding location subsidies, providing special support for key companies, and linking housing supply to the needs of employees of tenant companies.

Goyang Mayor Min Kyung-seon said, "To make Ilsan Techno Valley an attractive investment destination for businesses, we need to improve the conditions for moving in from the companies' perspective and expand practical support. We will use this second-round sale as an opportunity to attract more promising companies."

Preliminary screening of eligibility to participate in the bidding will take place from November 23 to 27, 2026. Bids will be accepted through Onbid from November 30 to December 2, 2026. Supply terms for each lot can be found on the websites of Goyang City Hall, Goyang Urban Management Corporation, Onbid, and Ilsan Techno Valley. Following this round, Goyang City plans to offer sites for knowledge-based facilities in stages.

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