S. Korea and China to build smart agriculture complex in Pocheon

2021.05.04

A massive agriculture complex will be developed in Pocheon, Gyeonggi Province as part of a joint project between Korean and Chinese industry players, the Korea-China Private Economic Association announced Sunday.

The agriculture complex, which would sit on a 250,000-square-meter parcel of land, has been designed as an eco-friendly town comprising smart farms, hydrogen fuel cell generators, logistics systems and housing with leisure facilities.

The private companies from two countries would invest a total of 80 billion won ($70.8 million) in the project that the Korea-China Private Economic Association and local real estate firm Mega Time Holdings-Mega Farm Village initiated in 2019.

The complex in Pocheon is the first collaborative agriculture project between the South Korean and Chinese governments and private firms, according to the association.

Read more here.

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