• 2026.06.05 (Fri)
  • All articles
  • LOGIN
  • JOIN
Global Economic Times
fashionrunwayshow2026
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
    • International Student Report
    • With Ambassador
  • Column
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
MENU
 
Home > Industry

Delays Plague Boeun's Third Industrial Complex; Groundbreaking Pushed to October Next Year

Hwang Sujin Reporter / Updated : 2025-10-05 11:03:26
  • -
  • +
  • Print


 

BOEUN — The development of the Boeun 3rd Industrial Complex in the area of Sajik-ri and Goseung-ri, Tanbu-myeon, is facing a significant delay, with the start of construction now projected for October next year. The Boeun County government announced on October 5, 2025, that the planned groundbreaking this year became impossible after undergoing adjustments during consultations with the Ministry of Agriculture, Food and Rural Affairs (MAFRA) regarding the conversion of agricultural land within the site.

The original scale of the industrial complex, initially planned at 849,000 square meters, has been reduced to 756,000 square meters. A county official explained that the delay stems from the negotiation process with MAFRA for the declassification of the Agricultural Promotion Zone (309,000 square meters). Approximately 100,000 square meters considered to have high conservation value as farmland were excluded from the plan. The necessary consultations and subsequent revisions of the plan have stretched the project's timeline.

New Timeline and Scope 

The county now plans to complete the administrative procedures, including a review by the North Chungcheong Provincial Industrial Complex Planning Deliberation Committee this year, and finalize all steps in the first half of next year. The target for the commencement of civil engineering work is now set for October 2026. The completion of the industrial complex is anticipated in 2028. The total investment for this project is budgeted at 136.2 billion Korean won (approximately $100 million USD), which includes 13 billion won ($9.6 million USD) from the North Chungcheong Province's regional balanced development fund.

The project has previously encountered difficulties, including friction with local residents. Prior to the complex's development, the county had received investment Letters of Intent (LOIs) from six companies, including one from the chemical industry. Concerns over the inclusion of chemical-sector businesses and the potential impact on public safety and the environment have sparked opposition and ongoing conflicts with residents. The Boeun County government has attempted to address these concerns by indicating they would impose restrictions on the types of industries and hazardous materials allowed, and by forming consultative bodies to engage with the community.

The successful completion of the Boeun 3rd Industrial Complex is a key element of the county's strategy to attract investment and create jobs, especially after the area was designated as a "Kihoe Baljeon Teukgu" (Opportunity Development Zone), which offers preferential conditions for corporate relocation and growth. The persistent administrative and community hurdles, however, continue to challenge the project's progression.

[Copyright (c) Global Economic Times. All Rights Reserved.]

  • #globaleconomictimes
  • #micorea
  • #mykorea
  • #Lifeplaza
  • #nammidonganews
  • #singaporenewsk
  • #Samsung
  • #Daewoo
  • #Hyosung
  • #A
Hwang Sujin Reporter
Hwang Sujin Reporter

Popular articles

  • SK hynix CEO Kwak Noh-jung Meets Bill Gates and Satya Nadella to Solidify AI Memory Alliance

  • Hyundai Mobis Completes Independent EV 'Heart' Lineup: A Major Leap Toward Global Leadership in Power Electric Systems

  • "Singer of Filial Piety" Hyun Sook: "I Visit the Marginalized to Honor My Mother’s Memory"

I like it
Share
  • Facebook
  • X
  • Kakaotalk
  • LINE
  • BAND
  • NAVER
  • https://globaleconomictimes.kr/article/1065578535781656 Copy URL copied.
Comments >

Comments 0

Weekly Hot Issue

  • Samsung Electronics Super-Enterprise Union Loses Majority Status Amid Backlash Over Bonus Disparities
  • Samsung to Embed Vital Signs and Heart Health Scores in Upcoming Galaxy Watch9 Lineup
  • Apple Honors Digital Excellence: 12 Exceptional Apps and Games Celebrated at the 2026 Design Awards
  • Nexon Revamps Signature Youth Coding Competition into AI-Driven 'Nexon Young Programmers Cup'
  • Tech University of Korea Gathers 200 Game and AI Researchers to Discuss Industrial Expansion
  • Major Korean Telcos Trim Online-Exclusive Plans by Up to 50% Amid Shift to Unified Mobile Tariffs

Most Viewed

1
From a moment of collective sacrifice to a moment of collective democracy: The Timing of the Election in Ethiopia and Korea
2
U.S. Holds Off on Immediate Comprehensive Semiconductor Tariffs, but Pressure Mounts for Samsung and SK Hynix to Accelerate Domestic Investments
3
[Interview] "Halal is Not a Religious Regulation, but a 'Trust Infrastructure'… Creating a Premium 'K-Halal' Centered on Data and Platforms"
4
‘600 Million Won Bonus’ at Samsung Electronics Triggers Deep Sense of Relative Deprivation Among Korean Workers
5
Musk’s SpaceX Secures Space Hegemony with Flawless Starship V3 Recovery Ahead of Historic IPO
광고문의
임시1
임시3
임시2

Hot Issue

Murata Unveils Next-Gen Resin Electrode MLCC for Automotive Applications

Samsung to Embed Vital Signs and Heart Health Scores in Upcoming Galaxy Watch9 Lineup

L&F Plus Secures KRW 220 Billion from National Growth Fund to Anchor South Korea’s First Mass LFP Cathode Production

Samsung Electronics Super-Enterprise Union Loses Majority Status Amid Backlash Over Bonus Disparities

Fashion Runway Show 2026

Global Economic Times
korocamia@naver.com
CEO : LEE YEON-SIL
Publisher : KO YONG-CHUL
Registration number : Seoul, A55681
Registration Date : 2024-10-24
Youth Protection Manager: KO YONG-CHUL
Singapore Headquarters
5A Woodlands Road #11-34 The Tennery. S'677728
Korean Branch
Phone : +82(0)10 4724 5264
#304, 6 Nonhyeon-ro 111-gil, Gangnam-gu, Seoul
Copyright © Global Economic Times All Rights Reserved
  • 에이펙2025
  • APEC2025가이드북TV
  • 반달곰 프로젝트
Search
Category
  • All articles
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life 
    • 전체
    • International Student Report
    • With Ambassador
  • Column 
    • 전체
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
  • Multicultural News
  • Jobs & Workers