The Korea Land and Housing Corporation (LH) announced on May 14 that it conducted a special inspection at the Incheon Gyeyang Techno Valley public housing site, where the first residents of the third new town are expected to move in by the end of this year.
On this day, Acting President Jo Kyung-sook visited the A2 block (747 public sale units) and A3 block (538 newlywed hope town units), where housing finishing works are underway. Jo listened to concerns from site officials and discussed solutions.
This inspection was organized to ensure construction quality and prevent safety accidents amid rising raw material prices and supply instability due to recent tensions in the Middle East. The focus was particularly on the status of the A2 and A3 blocks, which will be the first to welcome residents among the third new towns.
Currently, infrastructure work, including roads and water supply systems, is ongoing in the Incheon Gyeyang area, with the A2 and A3 blocks set for occupancy in December.
Jo emphasized, "As Incheon Gyeyang marks the starting point for the third new town's occupancy, essential facilities like schools and parks, as well as transportation infrastructure, must be established in a timely manner," urging that safety and quality on-site should be the top priorities.
Incheon Gyeyang is a key project of the third new town, being developed over 3.35 million square meters in the Bakchon-dong area of Incheon, with plans for 18,000 housing units. It aims to create a self-sufficient city centered on advanced industries, securing land 1.4 times larger than Pangyo Techno Valley. The project features improved access to Seoul through the introduction of S-BRT and expanded road networks. It is the fastest-moving project among the third new towns, with the first resident move-ins scheduled for the end of this year.
An industry insider noted, "Gyeyang is not only the fastest project among the third new towns but also has significant geographical advantages due to its proximity to the Magok district in Seoul. If the planned future industrial infrastructure is completed as scheduled, it will reshape the residential landscape of the northwestern metropolitan area."
* This article has been translated by AI.
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