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Major Projects

Gimhae Tech Valley

Invite R&D, knowledge-based industry, automotive, machinery and high-tech industries to the area and build a multipurpose city providing labs, industrial sites and residential areas.

General Information:

  • Location: Jinrae-myeon and the vicinity
  • Area: 4,810,000㎡,
  • Budget: 1,212,500,000,000 won
  • Period: 2009 – 2019

Schedule

  • October 2008: Selecte private investors
  • September 2009: Found Gimhae Techno Valley Corporation
  • October 2010: Approve the development of industrial zone
  • January 2012: Begin construction.
  • December 2019: Complete the project

The High-tech Biomedical Techno Town

General Information

  • Location: Juchon-myeon, Nongso and the vicinity
  • Area: 6,642㎡,
  • Budget: 22,000,000,000
  • Period: 2009 – 2011

Schedule

  • 2008. 07: Select strategic local industries suited to the Gyeongnam region.
  • 2009. 06: Form a contract to build the Biomedical Techno Town with the Ministry of the Knowledge Economy
  • 2009. 09: Subcontract for the final design
  • 2010. 08: Begin construction
  • 2011. 11: Complete the project

Development of the Buwon Station Areas

Main Facility: Hotel, Mall, Residents and Parking

General Information

  • Location: 901 Buwon-dong and the vicinity
  • Area : 74,510㎡
  • Period: 2009 - 2013

Schedule

  • 2010. 04: Propose the designation of an urban development district in Gimhae (Gimhae → Gyeongnam Province)
  • 2010. 05: Review the proposal by the Urban Planning Committee of Gyeongnam Province
  • 2010. 08: Announce the urban development district
  • 2011. 01: Get approval for the plan from Gyeongnam Province
  • 2011. 02: Select a construction contractor and begin the project in earnest.

Gaya Historic Theme Park

Main Facilities: Reproduction of Gaya Village, Gaya Trading Market, Gaya Equestrian Grounds and an iron mine

General Information:

  • Location: Bunseongsan, Eobang-dong and the vicinity
  • Area: 179,000㎡
  • Budget: 53200,000,000 won
  • Period: 2001 - 2013

Schedule

  • 2007. 11: Complete building of parking lots
  • 2009. 03: Begin building construction
  • 2010. 09: Complete the first part of construction including Garak Palace
  • 2010. 12: Complete the second part of construction including an equestrian grounds
  • 2013. 12: Complete all construction

Gimhae Pottery Village

This will extend the Clayarch Museum and promote the production of clay and ceramic construction material. Main facilities: Kids’ Studio, library, exhibition hall, cafeteria, special exhibition hall

General Information

  • Location: Songjeong-ri, Jinrae-myeong and the vicinity
  • Area: 1,567㎡,
  • Budget: 5,600,000,000 won
  • Period: 2007 -2011

Schedule

  • 2007. 09: Get approval for the project
  • 2010. 0: Complete the first part of construction
  • 2010. 12: Complete the second part of construction
  • 2011. 01: Complete the third part of construction
  • 2011. 12: Complete the project

Gimhae Tourism and Distribution Zone

This will build a trading base to sell specialty products of Gyeongnam Province to Japan and other countries based on accumulated advanced international distribution experience

  • The 1st stage (2007-2008): Outlet, Distribution Center
  • The 2nd stage (2009-2010): Mall, Cinema, Sports Center
  • The 3rd stage (2011-2012): Theme Park, Condominium, Hotel, Residence for staff

General Information:

  • Location: Shinmun-ri, Jangyu-myeon and the vicinity
  • Area: 894,000㎡,
  • Period: 1995 -2012
  • Budget: 1,130,000,000,000 won
    (Foundation works: 207,200,000,000 won; Commercial buildings: 805,800,000 won)

Schedule

  • 2007. 12: Begin building of outlet mall
  • 2008. 12: Open outlet and distribution center
  • 2009. 06: Get approval for the construction of a sports center
  • 2010. 03: Begin second part of construction
  • 2011. 06: Complete building of the sports center
  • 2012. 12: Complete building of a water park and a theme park

he Gimhae-Busan Light-Rail

Period: 2002 – April, 2011

  • Line: Between the Sasang Station of Busan and Samgye (23km long, 21 stations)
  • Budget: 1,312,400,000,000 won
    (Government funding: 480.3 billion won; private funding: 832.1 billion won)

Schedule

  • 2006. 01: Get approval for the project
  • 2008. 04: Begin construction
  • 2009. 11: Complete railroad
  • 2009. 12: Year-long trials
  • 2011. 04: Open the light-rail

The second Gimhae-Changwon Highway

Line: Between Wanam-dong, Changwon to Saenggok-dong, Gangseo-gu (22.48km long, 4 lanes)

  • Budget: 371.3 billion won
    (Private funding: 284.6 billion won; compensation: 86.7 billion won)

Schedule

  • 2007. 12: Select a construction contractor and form contract
  • 2009. 02: Begin construction
  • 2011. 06: Open the first section between Anmin IC to Seojangyu IC
  • 2012. 06: Open the second section between Wanam IC and Yulha IC
  • 2013. 12: Open all sections

The Hwapocheon River Wetlands Ecology Park

Plants: Reed, Common reed, Willow tree, Cyperus amuricus Max., Salvinia natans, Trapa natans

  • Construction: 4.7km long ecology trail, 619㎡ ecology museum and ecological wetlands

General Information

  • Location: The Hwapocheon River and the vicinity (Jinyoung-eup, Hanrim-myeon)
  • Area: Approximately 5,000,000 ㎡
  • Budget: 6 billion won
  • Period: 2008-2012

Schedule

  • 2009. 04: Complete design
  • 2009. 07: Begin construction
  • 2010. 03: Begin second part of construction
  • 2012. 12: Complete the project