Invest KOREA

Sihwa Multi Techno Valley (MTV) was first established in 2002 as a high-tech multi-purpose industrial complex of the 21st century that brings together natural environment and high-tech industries. Focusing on knowledge-based industries such as high-tech and venture industries, it provides R&D and logistics functions while also offering leisure functions such as tourism and recreation to ensure diversity and create a vibrant urban culture. Proceeds from development are reinvested in improving the environment of the Sihwa region to help improve the region’s air and water quality.

The industrial facility zone in Sihwa MTV is open to high-tech industries (mechatronics and precision equipment), IT industries (microelectronics, computers, IT equipment, etc.), and new material industries (new materials and fine chemicals), and the multi-purpose facility zone houses knowledge industries and ICT industries. As of March 2023, Sihwa MTV has a total of 1,185 companies as tenants leading the revitalization of the local economy by producing KRW 1.1 trillion, exporting USD 180 million and employing 15,000 workers.

Metropolitan Area: Siheung City is building a marine leisure and tourism hub on Turtle Island in Sihwa MTV to enable visitors to enjoy marine leisure and sports in the Seoul Metropolitan Area. The world's largest artificial surfing park established inside the Turtle Island Marine Leisure Complex is gaining popularity. A project is being implemented to build Aqua Pet Land, Korea's largest facility producing and distributing ornamental fish, and the Marine Ecology Science Center for specialized treatment of marine life and exhibition of marine ecology. Other tourist destinations nearby such as Oido Island, Gaegol Ecological Park, and Mulwang Reservoir welcome visitors.