Belt and Road Summit 2025- Deal-making

10–16 Sept 2025 | China (Hong Kong)

ProjectUpdated on 25 August 2025

Hyeondeok District, Gyeonggi-do: A Future-Oriented Carbon-Free Smart City

Sean Park

Project Manager at GGFEZ (Gyeonggi Free Economic Zone Authority)

Pyeongtaek, South Korea

About

The Hyeondeok District is a 2.3㎢ urban development project located in Pyeongtaek, Gyeonggi-do, within the Seoul Metropolitan Area. Strategically positioned near Pyeongtaek Port, Incheon International Airport, and Seoul. The district offers excellent accessibility for global logistics and business operations. The project envisions the creation of a carbon-free, hydrogen-based smart city, designed to attract next-generation industries and environmentally sustainable businesses. The development will be structured into 4 specialized zones such as mobility zone, renewable energy zone, semiconductor zone and logistics zone. The master developer will be the Gyeonggi Housing and Urban Development Corporation (GH), a public entity under Gyeonggi Provincial Government. GH is currently conducting a feasibility study to assess infrastructure needs, investment potential, and regulatory frameworks.

Project Location

  • South Korea

Project Format

  • Public Project

ESG (Environmental, Social, and Governance)

  • Yes

Project Stage

  • Project Planning

Main Project Sector

  • Urban Development

Transport and Logistics

  • Warehouse And Logistics Parks

Urban Development

  • City Planning and Redevelopment
  • Education
  • Health Facilities
  • Hospitality & Tourism
  • Smart City Development
  • Property Development
  • New Town Development
  • Technology Park
  • Industrial Parks
  • Free Trade Zone

Interested Format of Cooperation

  • Open for Negotiation
  • R&D Cooperation
  • Seeking for Tenant

Preferred Financing Model

  • Open for negotiation

Previous Funding Stage

  • None

Main Service(s) Required

  • Professional Services

Organisation

GGFEZ (Gyeonggi Free Economic Zone Authority)

Pyeongtaek City, Gyeonggi, South Korea

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    • Environmental Services
    • Supply Chain Technology
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    BUSAN, South Korea