Location Report
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The total sales of tenant companies reached KRW 107.2 trillion as of 2019. With the success of Pangyo Techno Valley, which has about 64,000 employees, a new industrial complex site of 430,402m 2 is projected to create the
world's best start-up innovation ecosystem where high-tech industries such as ICT and knowledge-based cultural industry are integrated. By 2021, high-tech companies are encouraged to move into Pangyo 2 nd Techno Valley.
1st Pangyo Techno Valley
Key Highlights
ㆍReasonable average land supply price: 9,520,000/3.3m 2 (less than half of Gangnam Teheran Techno Valley)
ㆍCreating synergy through major ICT companies entering Pangyo Techno Valley
IT companies: POSCO ICT, AhnLab, MIDAS, IDISS
CT companies: Kakao, NHN, NCSOFT, Nexon
ㆍCooperation with nearby industrial complexes
Teheran Techno Valley, Gwanggyo TechnoValley, Gasan Digital Complex, etc.
ㆍPublic and private facilities supporting Pangyo Techno Valley
Public facilities include Startup Campus, Gyeonggi Center for Creative Economy & Innovation, Global
R&D Center. Private companies provide professional services such as SAP Labs (Design Thinking),
mentoring, accounting, patent, and legal advice.
ㆍRigorous location management to create an innovation cluster
Eligibility screening and restriction on resale (10 years), restrictions on business type or usage change
(20 years), etc.
Cluster status
2nd Pangyo Techno Valley
