Pyeongtaek is a city in Gyeonggi Province, South Korea. Located in the southwestern part of the province, Pyeongtaek was founded as a union of two districts in 1940, during the Goryeo dynasty. It was elevated to city status in 1986 and is home to a South Korean naval base and a large concentration of United States troops. The South Korean government plans to transform Pyeongtaek to an international economic hub to coincide with the move of the United States Forces Korea to Pyeongtaek.