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Gwangju Energy Valley to be in full operation by 2021

광주 에너지밸리 산업단지 2021년 완공

Gwangju Energy Valley to be in full operation by 2021

 

The Innovative Complex of Gwangju, the Energy Valley, has been one of the Citys main projects of the year. So far, it is proceeding well with no delays.

 

Roh Hyeong Jin has more details.

 

The Gwangju Energy Valley Industrial Complex, which will become the center of the new energy industry in the region, will be completed in 2021.

 

According to Gwangju City government, the complex, which has been promoted since the end of 2017, is being built on 932,000 in Namgu District. More than 50 Korean and foreign companies have already submitted letters of intent, and the complex will be in full operation by 2021.

 

The Energy Valley Industrial Complex will be constructed as a high-tech facility that combines residential, distribution and support functions with the Namgu Urban High-Tech Industrial Complex, which began construction in December 2016.

 

The City expects to induce production of up to 4 trillion won and encourage employment of 10,000 people through construction of both industrial facilities.


Moreover, Gwangju and Jeonnam were designated as Korea's first energy industry convergence cities last month, and with all those benefits, the region is expected to be the leading city of the fourth industrial revolution.


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