01THE PROJECT
Impact
EXPECTED VALUE
Through the economic, industrial and social value it creates,
B-CITY sets a new benchmark for Korea’s future growth
Economic impact
Regional economic growth and new jobs
- 16,000residents6,366 households Planned population A new resident population for a self-sufficient city — apartments, senior housing, mixed-use residential and detached homes side by side
- 5,000jobsProject estimate Estimated employment generated Jobs created by the project — new employment across advanced industry, research and services
- 0.9trillion KRWProject estimate Estimated economic output generated Output added to the regional economy — the ripple effect of expanding industry, consumption and services across Gangwon
Industrial impact
An advanced-industry ecosystem where AI and bio converge
- A national strategic base for AI and advanced bio industries
- R&D collaboration and industrial synergy among tenant companies
- A foundation for new industries, including drug development, precision medicine and food technology
- An innovation cluster built on industry–academia–research collaboration
Social impact
A self-sufficient living environment and a better quality of life
- Better work–life balance with homes close to workplaces
- An international education environment that helps skilled professionals settle in the city
- Integrated care and wellness infrastructure for healthy city living
- A healthy local community built from a mix of housing types
Balanced regional development
An advanced-industry base outside the Seoul metropolitan area, contributing to balanced national development
- Gangwon State emerging as a center for advanced industry
- A regional business hub linked by the GTX and expressways in Korea’s east
Environment & sustainability
A model for the low-impact city
- A low-impact city built around generous green and waterfront space
- Pedestrian-friendly design that supports environmentally friendly travel
- A sustainable model in which nature and advanced technology coexist
Global impact
A stronger international standing for Korea’s advanced industries
- Emerging as a Northeast Asian hub for advanced bio and AI
- Foreign education institutions and international talent make the city global
- A collaboration network with global pharma and bio companies
- Wider global R&D collaboration built on precision-medicine big data
B-CITY is an urban development built to drive growth for Chuncheon, Korea and beyond.