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Completion of Osong Biopolis District Expected to Vitalize Osong Bio Valley
내용 Completion of Osong Biopolis District Expected to Vitalize Osong Bio Valley

Today (17th ), CBfez announced that the Osong Biopolis District (Osong Life Science Complex 2) has been completed.

Osong Biopolis District (hereinafter referred to as “Osong Complex 2”) was designated as a free economic zone in February 2013, and the project has been carried out by the Korea Industrial Complex Corporation and the Chungbuk Development Corporation as a joint operator.

It is a large-scale industrial complex on a scale of 3,284,000 m2 (about 990,000 pyeong) including residential, industrial, commercial, and public facility sites, built by investing a total project cost of KRW 932.3 billion.

Osong Complex 2, adjacent to KTX Osong Station, has the best accessibility in Korea, and is specialized in biotechnology (BT) and information technology (IT). It has established itself as the largest biocluster in Korea with a combination of R&D, licensing, production and residency together with its adjacent Osong Life Science Complex 1, Advanced Medical Complex, and Health and Medical Life Town.

CBfez Director General Jeon Hyung-sik said, "The completion of the Osong Complex 2 will be a catalyst for vitalizing the bio industry in Korea, greatly contributing to the revitalization of the local economy."

Before the completion of Osong Complex 2, 3,257,000 m2 including industrial land was partially completed in April 2019 for the investment and economic activities of domestic and foreign companies and prospective tenants.
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