Sinho Industrial Complex

Sinho Industrial Complex

Myeongji

Sinho Industrial Complex

Creation of the Complex
for the Parts and Materials Industry

Introduction

  • Location : A part of shinho-dong, Busan
  • Project period : 1993 ~ 2007 (Stage 1-2)
  • Area : 1,251,000㎡ (309.1288ac)
  • Project cost : 704.0 billion Won
  • Expected population : 21,000people
  • Project developer : Busan Metropolitan City
Sinho Industrial Complex
 

Development Direction

  • To attract high-tech multinational enterprises by creating a production base of the southeastern bloc of Korea
 

Current Status

  • Dec1993 : Regional Industrial Areas designated approval(The Construction)
  • Jan1994 : Local industrial parks designated Examination (Busan City)
  • Mar2000 : 1 completion phase of the project (Renault Samsung Motors Co., Ltd.)
  • Dec2002 : 2 completion phase of the project (sewage treatment plant, commercial land)
  • Oct2003 : Busan-Jinhae Free Economic Zone Authority designated
  • Jan2007 : 3 completion phase of the project (On the Apartment Housing, The opening of the whole)