Chuncheon Enterprise Innovation Park B-CITY

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* The Computer Graphics (CG) and illustrations above are provided solely for consumers' general understanding and may differ from the actual product/entity.

A Converged Hub for Bio, Healthcare, and ICT

Driving Korea’s Future Global Competitiveness

* The Computer Graphics (CG) and illustrations above are provided solely
for consumers' general understanding and may differ from the actual product/entity.

Project
Corporate Innovation Park
Lead Project
Site Area
3,632,899m² (≈ 897 acres / 1.40 sq mi)

Approximately 1.25× the size of Yeouido

Total
Project Cost
KRW 1.5 trillion (≈ USD 1.07 billion*) PFV Operation
Equity Contribution: KRW 1.05 trillion
(≈ USD 750 million*) 10% of the Project Budget
Location
Namsan-myeon, Chuncheon-si,
Gangwon Special Self-Governing
Province, South Korea
Timeline
2024 ~ 2033 (10 years total)
  • Phase 1 2024~2029
  • Phase 2 2029~2033
Consortium
Members

1AI Data Center

5International Education Center​

2Business Core District​

6Commercial & Business Zone​

3Industrial Zone I

7Residential Community​

4Industrial Zone II

8Central Park

Plan 01.

A Global CMO & CDMO Hub
Leading Drug Develpoment with Clinical Data and AI

The city leverages AI and high-quality clinical data
to accelerate drug candidate development
and grow as a strategic hub for CMO and CDMO operations.

Plan 02.

A Strategic Platform for Hyperscale Data Factories
Offering 300 MW of Power Capacity Across a 33 Acre Site

The project aims to develop Korea’s largest data aggregation complex.
It builds an advanced ecosystem powered by AI and big data.
Data is transformed into intelligent services that drive citywide growth.

Plan 03.

A World-Class Bio Cluster
Creating a Decisive Advantage in the Bio Industry

An innovation ecosystem brings together the core drivers of
bio-industry growth, connecting pharma, healthcare, startups, research,
and data centers into a tightly integrated network.

Plan 04.

A Lifelong Healthcare City
Wellness for Every Stage of Life

The city builds an advanced healthcare environment using bio big data.
It integrates disease prevention, management, and treatment.
This enables a true wellness lifestyle across everyday life.

Plan 05.

A Premium Leisure City
Year-Round Experiences, Elevated Living

An international-standard golf course and park golf facilities are in the city.
Ski resorts, water parks, an ice rink, and shooting ranges are nearby.
They enrich everyday life.

Just 40 minutes from Jamsil, 15 minutes from Gangwon Provincial Office and Chuncheon City Hall,
and 3 minutes from Namchuncheon IC!

A sustainable innovation ecosystem will be established at the optimal location.

40 minutes from Jamsil, 15 minutes from Chuncheon City Hall,
and just 3 minutes from Namchuncheon IC

A sustainable innovation ecosystem will be established at the optimal location.

x the Size of Yeouido

million m²

(≈ 897 acres / 1.40 sq mi)

The city is built on a data-driven convergence platform.
It integrates precision medicine, advanced industries, and urban living.
This creates a self-sustaining ecosystem.

Growing into a City of 300,000 People
Where Work and Life Converge Through AI and Bio
Planned Population

residents

households
Job Creation

jobs
Economic Impact

(≈ USD 1.07 billion*)
*Based on an exchange rate of KRW 1,400 per USD
Global
Enterprises
High-Quality Medical Data​
Collection and Analysis​
Platform
Healthcare
IT Companies
Data-Driven Advanced​
Medical Technologies​
and Personalized Healthcare
Bio & Health
Companies
Personalized Medical​
Technology Powered by​
Clinical Data
Pharmaceutical
Companies
AI Platform–Based Drug
Development and
Pharmaceutical Manufacturing
Public
Institutions
Industry Activation
Through Bio–Digital
Healthcare–Media
Convergence
Startups
Startup Growth in
Pharma and Clinical
Tech Powered by AI and
Bio Healthcare Data

TIMELINE

2023

Sep. 05
Announcement of the Corporate Innovation Park Lead Project
(Ministry of Land, Infrastructure and Transport)
Nov. 09
Submission of proposal for the Lead project
(Douzone Bizon / Chuncheon City)

2024

Mar. 19
Designation of land transaction permit zone
(Gangwon State Notice No. 2024-426)
Mar. 27
Final selection of the Corporate Innovation Park lead project
(Ministry of Land, Infrastructure and Transport, Regional Growth Policy Division No. 691)
Jun. 27
Designated as a National Strategic Bio Industry Cluster
(Chuncheon and Hongcheon)
Aug. 29
Public notice of development permit restriction zone
(Chuncheon City Notice No. 2024-468)
Sep. 09
PFV structure confirmed by Gangwon Province and Chuncheon City
Nov. 20
Environmental Impact Assessment Review Committee meeting
Dec. 30
Adjustment of land transaction permit zone
(Gangwon State Notice No. 2024-1965)

2025

Jan. 09
Amendment to development permit restriction designation
(Chuncheon City Notice No. 2025-14)
Apr. 23
Establishment of AMCBiotech Innovalley AMC
Aug. 28
Establishment of PFVBiotech Innovalley PFV
Aug - Oct
Stakeholder consultations and public hearings
Dec
Application for approval of the Integrated Development Plan
(Ministry of Land, Infrastructure and Transport)

2026

Apr
Integrated review process(planned)
May
Approval and public notice of the Integrated Development Plan(planned)

2026 -
2033

Sep. 2026
Groundbreaking and commencement of construction (planned)
Dec. 2033
Project completion (planned)

At the heart of Korea’s bio industry,
we are shaping an innovation ecosystem on the global stage.

Biotech Innovalley | Room 302, 3F, Tower The Most Gwangjin Acrotel, 355 Achasan-ro, Gwangjin-gu, Seoul, Republic of Korea

Business Registration Number | 883-81-03982

* The Computer Graphics (CG) and illustrations above are provided solely for consumers' general understanding and may differ from the actual product/entity.

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