Chuncheon Enterprise Innovation Park B-City

Driving Korea’s Future Global Competitiveness

* The CG images and text shown above are for illustrative purposes only and may differ from actual conditions.

Project: Corporate Innovation Park
Lead Project

Site Area: 3,632,899m² (≈ 897 acres / 1.40 sq mi); Approximately 1.25× the size of Yeouido

Consortium Members: 1KRW 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

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 Establishment of Korea's Premier

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.

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

An ideal location where businesses and talent come together
to build a sustainable ecosystem for innovation and growth.

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

PPharmaceutical 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: Ipproval 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.

Chuncheon Enterprise Innovation Park B-CITY

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

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

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

A Lifelong Healthcare City Wellness for Every Stage of Life The Establishment of Korea's Premier

A Premium Leisure City Year-Round Experiences, Elevated Living

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