Saenggok District

Jisa

Saenggok District

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

Introduction

  • Location : A designated area of Saenggok-dong, Gangseo-gu, Busan
  • Project period : 2009 ~ 2015
  • Area : 557,000㎡ (137.6376ac)
  • Project cost : 229.4 billion Won
  • Project developer : Busan Metropolitan Corporation
  • Expected population : 100people
Saenggok District
 

Development Direction

  • To provide industrial sites to help regional manufacturing economies
  • To help achieve balanced urban development
 

Current Status

  • Jul 2009 : Release of development restriction area
  • Jul 2009 : Designation of a district and approval of development plan (Ministry of Knowledge and Economy, no. 2009-159)
  • Mar 2010 : Approval and notice of revised development plan and scheme of execution (Ministry of Knowledge and Economy, no. 2010-66)
  • Apr 2010 : Notice of compensation process (99% of compensation completed as of end of March 2012)
  • Aug 2010 : Construction started at the first and second areas (Sept 2010)
  • Mar 2011 : Notice of revised development plan and scheme of execution (Busan City, no. 2011-100)
  • Feb 2012 : Notice of revised development plan (Busan Metropolitan City, no. 2012-61)
  • Mar 2012 : Notice of revised scheme of execution (Busan-Jinhae Free Economic Zone, no. 2012-14)
  • Oct 2012 : Applied for revision of Saenggok District development plan
  • Dec 2012 : Free Economic Zone Advisory Meeting held (Ministry of Knowledge and Economy)
  • Mar 2013 : The second Free Economic Zone Advisory Meeting held (Ministry of Knowledge and Economy)
  • Apr 2013 : Notice of approval of revision of Saenggok District development plan (Ministry of Trade, Industry and Energy no. 2013-20)
    * Change of business types to be involved in the Eco-Recycling Center
  • Aug 2013 : Notice of approval of revised scheme of execution for Saenggok District (Busan-Jinhae Free Economic Zone no. 2013-39)
  • Apr 2014 : Notice of approval of revised scheme of execution for Saenggok District (Busan-Jinhae Free Economic Zone no. 2014-17)
  • Oct 2014 : Notice of approval of revised scheme of execution for Saenggok District (Ministry of Trade, Industry, and Energy no. 2014-184)
  • Dec 2014 : Notice of approval of revised scheme of execution of Saenggok District (Busan-Jinhae Free Economic Zone no. 2014-68)
  • Aug 2015 : Notice of approval of revised scheme of execution for Saenggok District (Busan City, no. 2015-294)
  • Sep 2015 : Notice of approval of revised scheme of execution of Saenggok District (Busan-Jinhae Free Economic Zone no. 2015-68)
  • Oct 2015 : Project completed