Mieum District

Mieum District

Jisa

Mieum District

Creation of the High-Tech Industrial Base
in conjunction with the Busan Science & Industrial Complex

Introduction

  • Location : A designated area of Mieum-dong, Gangseo-gu, Busan
  • Project period : 2008 ~ 2016 (Stage 1-2)
  • Area : 3,581,000㎡ (884.8843ac)
  • Project cost : 1073.4 billion Won
  • Project developer : Busan Metropolitan Corporation
  • Expected population : 57 people
Mieum District
 

Development Direction

  • To build an industrial complex for high-tech businesses in conjunction with Busan Science & Industrial Complex.
  • To designate a foreign investment zone for promotion of foreign investment attraction
 

Current Status

  • Feb 2008 : Scheme of execution approved
  • Apr 2008 : Compensation process started
  • Dec 2008 : Construction commenced
  • Mar 2014 : Development plan revised (the 12th revision)
  • Jun 2014 : The first phase completed
  • Nov 2014 : Development plan revised (the 13th revision)
  • Dec 2015 : Development plan revised(the 14th revision), Scheme of execution revised (the 12th revision)
  • Nov 2015 : Development plan revised (the 15th revision)
 

Future plan

  • Dec 2016 : Project completed (2nd phase)