Uijeongbu-si, a "Business-Friendly City," Greatly Expands Tenant Industries in Knowledge Industry Center

Mayor Kim Dong-geun conducting the 'Visiting Business Attraction Briefing Session.'

Uijeongbu City, Gyeonggi Province (Mayor Kim Dong-geun) announced on the 16th that it has significantly expanded the types of businesses allowed to move into the knowledge industry center to revitalize the local economy and expand various industries.

This measure was prepared to create an innovative corporate environment through industrial linkage synergy effects and collaboration between companies resulting from large-scale construction projects such as the return of U.S. military base development projects.

The expanded business categories total 68 and include ▲ OEM (Original Equipment Manufacturer) manufacturing ▲ 45 types of construction businesses for the return of U.S. military base development projects and large-scale construction projects ▲ 12 types of content-related businesses according to the establishment of a complex convergence cultural complex and corporate attraction strategies ▲ 6 types of legal, accounting, and tax support businesses necessary for the management of companies moving into the knowledge industry center ▲ 2 types of industrial machinery and equipment rental businesses ▲ other financial investment businesses to support the growth of startups, knowledge industry centers, and content companies in the region ▲ and smart farm vertical farms.

In particular, with the recent relocation of the Korea Land and Housing Corporation (LH) Northern Gyeonggi Regional Headquarters to Yonghyeon Industrial Complex, this expansion of business categories is expected to create synergy effects through the clustering of construction businesses in the area and the linkage between manufacturing, IT (Information Technology), design, and engineering companies located in Yonghyeon Industrial Complex and the knowledge industry center.

Recently, knowledge industry centers have become spaces where companies from various fields such as IT (Information Technology), bio, design, and service industries gather, exchanging innovative ideas and technologies. However, there have been criticisms that existing restrictions on tenant business types have hindered the entry of some companies.

The city decided to significantly allow business types deemed necessary for industrial clustering and regional economic development to improve this situation, hoping that this measure will enhance the competitiveness of local companies and lead to job creation for local residents.

Mayor Kim Dong-geun said, “Through this expansion of tenant business types, we will inject vitality into the local economy and lay the foundation for companies to grow independently,” adding, “We will do our best to provide more business opportunities and a stepping stone for growth to companies in Uijeongbu City, which face management difficulties due to various regulations within the metropolitan area’s overconcentration control zone.”