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Support for foreigners

Support for foreign investors

  • Yeongam County is providing various incentives to make a business-friendly environment.
  • For foreign investors we established the "One-Stop Service" system from investment consultation to plant construction, and we are providing active support.
  • To enhance the satisfaction level of the companies, we visit the companies as occasion calls to investigate hold-ups and provide solutions.

Daebul National Industrial Complex Foreign Business Zone

  • Area : 1,614,000㎡
  • Date of designation : August 29, 1998
  • Rent : KRW1,071/3.3m2/year (lowest in Korea)
  • Eligibility : fully foreign-owned companies and joint ventures

Daebul National Industrial Complex Free Trade Zone

  • Area: 1,156,000㎡
  • Date of designation: November 21, 2002
  • Eligibility
    - foreign-invested companies in the manufacturing sector whose main purpose is exporting
    - wholesalers whose main purpose is import/export
    - Logistics, including the unloading, storing and exhibiting of goods
    - businesses supporting the occupants, e.g. banking, customs clearance and information processing