<Translated with Google Translate.>

Gwangju Free Economic Zone Authority, AI convergence district development plan change

- Addition of multi-purpose sites for start-up facilities, construction of disconnected roads, etc.
- Completion of cultural heritage investigation and land compensation this year… Scheduled to be sold next year

The Gwangju Free Economic Zone Authority announced on the 19th that a change in the AI convergence district (Gwangju Free Economic Zone) development plan, which is being built in Oryong-dong, Buk-gu, has been announced.

The amendment to the development plan was passed after deliberation by the Free Economic Zone Committee of the Ministry of Trade, Industry and Energy.

The main contents of the change are ▲Area change according to survey results (1,106,000㎡ → 1,111,000㎡) ▲Change in project cost due to increase in compensation cost ▲Addition of a complex site for start-up facilities ▲Distributed layout of parks and green spaces ▲Change in school site ▲ Pedestrian roads and new disconnected roads, etc.

The AI convergence complex is a project to create 240,000 square meters of industrial land and 280,000 square meters of residential land on a site area of 1.11 million square meters.

Within the AI convergence complex, artificial intelligence (AI) clusters such as data centers, demonstration and start-up facilities are being created. It is expected that many companies will show interest in moving in as it has favorable conditions for business activities, such as the creation of AI-centered industrial convergence infrastructure, the cultivation of core manpower, and the strengthening of competitiveness through start-up and business support.

The sale of the AI convergence complex site is scheduled for the first half of next year, and companies wishing to move in can receive information on sales by contacting the Gwangju Urban Corporation (062-600-6661~4).

Kim Jin-cheol, head of the Gwangju Free Economic Zone Authority, said, “This change in the development plan will be an opportunity to create an innovative ecosystem in the Gwangju Free Economic Zone and nurture a base for new global industries.” I will,” he said. <End>

(Gwangju Free Economic Zone Authority, 613-6098)