Jeonbuk State introduces 10 investment attractions for enterprises to succeed in Jeonbuk State
#1
Incentive. Jeonbuk State gives astonishing support.
- (Foreign Investment) Location-based subsidy: Up to 50% of maximum sales price
- (Foreign Investment/Domestic) Up to 30 Billion KRW, within 10% of investment
- (Foreign Investment/Domestic) Infrastructure facility installation subsidy – up to 5 Billion KRW
※ additional subsidy per city/province.
#2
Lease and use as much spacious land of Saemangeum as you want.
- For up to 100 years.
- (paid) less than 4,400 KRW/pyeong (about 3.3m2)
(1% of official assessed reference land price + others) - (free) 0 KRW/pyeong (about 3.3m2)
(depending on the foreign investment ratio)
- (paid) less than 4,400 KRW/pyeong (about 3.3m2)
- Lot for lease which is about 1.3 Million m2 will be additionally secured (until 2026).
#3
Top cost effectiveness
Top cost effectiveness
among industrial sites
in Korea
※ Unit price for sales (Unit: Ten Thousand KRW)
#4
Selection by global enterprises, it’s beyond doubt.
- Advanced Materials & Parts
- Automotive & Machinery
- New Recyclable Energy
- Others
#5
Distribution, location,
Distribution, location,
and infrastructure are
all equipped.
- Accessible to any place in Korea within 2-3 hours.
- Implementation of Saemangeum Industrial Complex Triport – Airport, harbor, and railroad in the industrial complex
#6
Asia just in two hours, like next door
- Close to mega markets, including Japan, China and Russia.
- 52 cities just with a population of over 1 million with a 2 hour flight
#7
Never depleted Geumgang water, use it without anxiety.
- Geumgang Water Catchment II, Yongdam Dam, Okjeongho Lake, Daeya Dam, etc.
#8
No more anxiety on disasters. We promise safe land.
- Jeonbuk State is the safest in Korea for 10 years.
#9
We promise the development of human resources for enterprises, from training to matching.
- Jeonbuk-style RIS implementation
- Development of human resources, linking the local authority, industries, and colleges.
#10
Harmony of labor and management, we make the impossible possible.
- Lowest frequency of labor and management disputes in Korea (2021)
- We have been promoting the joint declaration for mutual cooperation and success among labor, management, and government. (Oct. 2022)