Skip to content
KOEN

01THE PROJECT

Overview

OVERVIEW

Private-sector-led urban development under the Ministry of Land, Infrastructure and Transport

A national urban development project with a total cost of approximately KRW 1.1 trillion

Chuncheon Enterprise Innovation Park Pilot Project at a glance
ItemDetails
ProjectChuncheon Enterprise Innovation Park Pilot Project
LocationSan 68 and vicinity, Gwangpan-ri, Namsan-myeon, Chuncheon-si, Gangwon State
Area3,632,899 m²Approximately 3.63 km² · about 1.25 times the area of Yeouido, Seoul
Legal basisAn enterprise city development project under the Special Act on the Development of Enterprise CitiesEnterprise Innovation Park
Developer PFVBiotech Innovalley PFV Co., Ltd. special-purpose company AMCBiotech Innovalley Asset Management Co., Ltd. appointed asset manager
Project costapprox. KRW 1.1 trillion
Project period2024 – 2033
Facilities Advanced-industry facilities (IT, BT, AI and data) / research facilities / office facilities Housing (apartments and Scientists’ Village, etc.) / educational facilities / tourist accommodation and leisure facilities
A drug-discovery and CDMO facility where AI and IoT analytics equipment meets cell-culture systems
Research & pharma — a bio cluster of advanced knowledge-industry and research facilities
An older couple checking their health at home, beside green space
Living & healthcare — everyday health care alongside apartments and the Scientists’ Village
International students working on a project in a campus courtyard
Education & campus — educational facilities, including foreign educational institutions, in a campus setting

NATIONAL STRATEGY

A national project backed by full government support —
designated a National High-Tech Strategic Industry Specialized Complex for biotechnology in 2024

Biotechnology
National High-Tech Strategic Industry Specialized Complex

The five regions designated as National High-Tech Strategic Industry Specialized Complexes for biotechnology
Gangwon (Chuncheon · Hongcheon)AI-driven drug development and small- and mid-sized CDMOs
Incheon · Siheung, GyeonggiThe world’s leading biotechnology mega-cluster
Daejeon (Yuseong)an open-innovation hub for novel drugs
Gyeongbuk (Andong · Pohang)national vaccine base and global vaccine hub
Jeonnam (Hwasun)national vaccine base and global vaccine hub
Gangwon State, with Chuncheon and Hongcheon marked
Chuncheon (prevention · diagnostics)Enterprise Innovation Park, Kangwon National University, Geodu Agro-Industrial Complex
Hongcheon (antibodies)Hongcheon National Antibody Cluster, Bukbang Agro-Industrial Complex