Namyang District

Ungdong

Namyang District

Creation of the High-Tech Industrial Complex

Introduction

  • Location : A part of Namyang-dong, Jinhae-gu, Changwon city (Gyeongsangnam-do)
  • Project period : 2003 ~ 2009 (Stage 1-2)
  • Area : 293,000㎡ (72.4018ac)
  • Project cost :57.5 billion Won
  • Project developer : Korea Land and Housing Corporation
Namyang District
 

Development Direction

  • To create high-tech parts and materials industrial park in conjunction with the Macheon and Dudong districts
  • To help change the existing casting businesses to high-tech parts and material businesses
 

Current Status

  • Nov 2009 : Development project completed
  • Feb 2012 : Scheme of execution revised (land allotted for foreign investment attraction -> changed to a land for general sale)
  • Mar 2013 : Notice of sale of land of industrial complex (3 lots)