- 93% of 1,259 resident companies are
high-tech companies such as IT, 64,497 full-time workers
- 107.2 trillion won in sales, an increase of
19.7 trillion won (22.44%) from previous year
- 64,497 workers, the main age group is
20-30s, taking up 64.04% of total
The statistics showed that 93% of the companies
in Pangyo Techno Valley are high-tech, and 85.94% are SMEs. Their sales last
year amounted to 107.2 trillion won.
On Sep. 2, Gyeonggi-do announced the results of
a complete survey of companies in Pangyo Techno Valley conducted from last
April to July by GBSA.
According to the survey results, there were a
total of 1,259 companies in Pangyo Techno Valley as of the end of 2019. By
industries, companies in high-tech industry made up of 830 IT companies
(65.93%), 165 content technology companies (13.11%), 164 biotechnology
companies (13.03%), and 17 nanotechnology companies (1.35%) took up 93% of all.
SMEs accounted for 85.94% of the resident
companies. Mid-sized companies took up 7.23% and large companies took up 4.61%,
the sum of the ratio of large and medium-sized companies increasing from 10% in
2018 to 11.84%.
The sales of these resident companies in 2019
was about 107.2 trillion won, an increase of 19.7 trillion won (22.44%) from
87.5 trillion won in 2018.
Of the 1,259 resident companies, 941 (74.74%)
are headquartered in Pangyo Techno Valley, and the number of companies that are
operating research centers is 674. The number of full-time workers was 64,497,
an increase of 1,447 from 63,050 in 2018, and the main age group is 20s and 30s
taking up 64.04%, making the younger generation being the major group.
According to the survey, 19.44% of the workers
lived in Bundang and Seongnam area where Pangyo Techno Valley is located,
followed by 17.23% in Gwangju and Yongin, 16.62% in the southern part of Seoul,
and 15.4% in Gwacheon, Uiwang, and Suwon. The top four areas of residence
showed an increasing trend from 62.98% to 68.69% over the last three years,
showing that a large number of executives and employees reside in areas where
commuting is easy and public transportation is accessible.
Lim Mun-young, the Future Growth Policy Officer
of Gyeonggi-do, said, "For Pangyo
Techno Valley to take a bigger leap forward, it is necessary to analyze the
current status of Pangyo Techno Valley and discuss the direction it should take
to develop further. We will listen to the voices of the resident companies and
make the effort to improve the environment."
Gyeonggi-do is planning to use the results of this survey as data to improve the efficiency of complex operation and establish economic policies.