Pangyo Techno Valley
| Pangyo Techno Valley Festival | |
|---|---|
| Genre | Electronic music |
| Dates | October |
| Location(s) | Pangyo Techno Valley, South Korea |
| Years active | 2014 |
Pangyo Techno Valley (PTV) is an industrial complex in the city of Pangyo, Seongnam, Gyeonggi Province, South Korea. The complex focuses on information technology, biotech, cultural technology and fusion technology.
The benefits of the diversity of fields are its location within a major metropolitan area, where PTV can receive various types of support from Gyeonggi Province.
Pangyo Techno Valley covers about 454,964 m² in total. The R&D site covers about 48,417 m².
The general research site covers about 267,450 m². This site has direct researching facilities, research developing facilities, and school-work linked researching facilities. The research supporting site covers about 117,651 m². This site has guest houses, dormitories, a specialized graduate school, and a job training center.
The parking lot covers 21,716 m².
Because of Pangyo Techno Valley, development will affect Pangyo and Bundang significantly. Due to the Shinbundang Line, the Pangyo Station's business district will grow in size.
Subway: Pangyo Station is the closest subway station to the Pangyo Techno Valley. Visitors and workers exit through Number 1 and travel for two blocks to reach the Pangyo Techno Valley.
Bus: Pangyo Techno Valley has two different bus stops in front of the valley. The closest bus stop is number '320'. The second bus stop, which is numbered '380' and '4000', is across the road in the valley.
The electronic music festival Pangyo Techno Valley was first held in 2014.
On October 17, 2014 at the 1st Pangyo Techno Valley Festival, tragedy struck during a concert. Despite repeated safety warnings, a group of participants climbed on top of a ventilation grate to obtain a better viewing of the stage. The grate, covering an underground parking lot 10 metres (33 feet) down, gave way under the sheer weight of roughly 20-30 additional bodies. According to BBC News, 16 people were killed with an additional 11 injured.
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