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Hanwha Solutions City Development Division

Hanwha City Development

Hanwha Solutions City Development Division was merged with Hanwha Solutions in April 2021 to enhance its business competitiveness and maximize management efficiency. Our City Development Division exemplifies the kind of business that is needed in the Fourth Industrial Revolution — it is able to use its experience and know-how to develop high-tech complexes and at the same time, operate in a way to generate the trust and loyalty of its local communities.

City Development Division has been recognized as the leading private developer of high-tech industrial complexes since it was established in 2001. Starting with success in Daedeok Techno Valley, additional projects followed, such as the Asan Techno Valley project (2,984,000m2, 300 enterprises, 8,000 households), the Seosan Techno Valley project (1,994,000m2, 200 enterprises, 6,000 households), the Gimhae Techno Valley project (1,643,000m2, 200 enterprises), and the Gyeonggi Hwaseong Bio Valley project (1,745,000m2, 200 enterprises). Each completed project stood out as an achievement and garnered high praise. The projects are considered exemplary development models and not surprisingly, they have been benchmarked by several local governments.

Encouraged by these achievements, we’ve made further investments for the future, breaking ground on the Yongin Techno Valley project in 2015. There is high anticipation Yongin Techno Valley will be an industrial complex that will be home to many R&D centers, companies and startups in IT, fusion technology, and in other areas of technology.

We’re also building for the future of our local economies. Our multifunctional industrial complex projects will help revitalize the local economy by improving industrial environments, attracting businesses, and creating local jobs.

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