Gyeonggi Province to Cultivate High-Tech Industry Clusters

Gyeonggi Province announced on the 21st that it has decided to establish world-class advanced industrial clusters representative of Korea by region.

The Province first plans to create an 'LCD Cluster' in northern Gyeonggi, including Paju, which is currently under construction with the LG Philips LCD industrial complex.

The LCD Cluster will consist of the 510,000-pyeong Paju LCD Industrial Complex and the 600,000-pyeong Munsan LCD Cooperation Complex, and in the future, a 300,000-pyeong LG-affiliated company cooperation complex and LCD-related industrial complexes will be established in areas such as Namyeon in Yangju and Baekhaak in Yeoncheon.

Meanwhile, the Pyeongtaek and Hwaseong regions, which house 78 foreign investment enterprises, will be developed as 'Foreign Advanced Enterprise Industrial Clusters,' with two additional industrial complexes—Hyungok and Jangan 1—being created by year-end, in addition to the existing three industrial complexes of Eoyeon·Hansan, Chupal, and Poseung, while development projects for Jangan 2 and Oseong Industrial Complex are accelerating.

Suwon and Seongnam, where Gwanggyo TechnoValley and Pangyo IT Business District are being constructed, will be cultivated as 'R&D; Clusters.' Gwanggyo TechnoValley will increasingly attract industry-academia-research cooperation institutions based on R&D;, including the Next-Generation Convergence Technology Institute, Nano-Device Specialized Fab Center, and Bio Center, while the Pangyo IT District will attract leading global companies and research institutes for the nation's largest IT-related research and development and early commercialization.

Additionally, the Gyeonggi Technopark in Ansan will house national research institutes, private research facilities, and universities such as the Korea Electrotechnology Research Institute, Korea Institute of Industrial Technology, and Korea Industrial Technology Testing Institute.

Furthermore, twelve 'mini-clusters' spanning three fields—convergence technology, new technology applications, and foundational technology—will be established in the Banwol and Sihwa complexes in Ansan and Siheung by year-end, with mini-clusters in three additional fields—optical components, electronic materials, and paper manufacturing—to be designated by 2008.