[Photo Explanation: An illustration of the Paju Medical Cluster development project. (Photo = Newsis DB).photo@newsis.com]
“[Paju=Newsis] Reporter Song Juhyun = On the 20th, Paju City in Gyeonggi Province announced that it has begun disbursing 170 billion won in compensation for land and facilities for the ‘Paju Medical Cluster Development Project.'”
“The Paju Medical Cluster is a large-scale development project on a 450,000㎡ site in Seopaedong, which will include a general hospital, a National Cancer Center Future Innovation Center, an innovative medical research complex, and a bio-convergence complex.”
“The project has gained momentum since HDC Hyundai Development Company was confirmed as the contractor in November, and the project modification approval (implementation plan approval) was granted in December.”
“The city plans to complete land acquisition by the first half of 2025, commence site preparation construction, and complete the call for proposals to attract a general hospital within the year.”
“Kim Kyung-il, Mayor of Paju, expressed his gratitude to the landowners for their active cooperation and understanding despite the adversities such as the real estate market downturn, stating, ‘We will ensure the success of this project to establish Paju City as a bio-health hub city in northern Gyeonggi Province.'”