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Chungnam! Best Choice for your investment Optimum Location

Locational Conditions of Foreign Investment Area
Chungnam! Best Choice for your investment Locational

Qualification : Over 30% share of foreign investment / Over KRW 0.1 billion in foreign investment costs.

Targets : Businesses in high-technology, cutting-edge technology, chemical products and auto parts.

Land Lease period : 50 years(contract renewal : every 10 years)

Implementation Conditions(for five years) : Construction projects with a higher land ratio than the standard factory area, and investment with more than the land price.

Incentives : High-technology businesses with over USD 1 million of foreign investment costs(Tax exemption of 100%) Over USD 5 million in foreign investment costs among general manufacturing businesses. Local Tax reduction for over USD 10 million of foreign investment(15years 100%)

Songsan 2 Foreign Investment Zone (Songsan 2 General Industrial Complex)

Songsan 2 General Industrial Complex

Location : Donggok-ri & Gagok-ri, Songsan-myeon, Dangjin city

Area : 1,616,276㎡[FIZ 417,268.5㎡(1st:134,023㎡, 2nd:165,309㎡, 3rd:117,936.5㎡)]

Zoning : Non-Metal Mining, Metal & Steel, Metal Processing, New materials Hightech parts & materials, Automatic & its parts, Chemicals, etc

Infrastructure

Easy access (through Songak IC in Seohaean Expressway - National Route 38, 10 km, through Dangjin IC - Route 633, 10 km away)

12 berths in Dangjin Port 4km away

Waste water treatment capacity : 14,200㎥/day

Power supply : 381MW(Max. capa.), 345KV, Substation(located in complex)

Using LNG anytime

Qualifications and Terms of the FIZ Tenancy

Qualifications : Foreign share over 30% & FDI over KRW 0.1 billion

Zoning : High-tech business, Cutting-edge technic business, Chemicals, Parts & materials, etc.

Lease fee : KRW 290/㎡/Month, Down payment of the one year lease fee

Lease period : 50 years(renewal of the contract every 10 years)

Conditions for maintaining tenancy : Construct buildings over the standard building construction to land ratio and invest FDI over a land price within 5 years.

Benefits : High-tech business & investment over USD 1 Mil.(Free of Lease fee) General business & investment over USD 5 Mil.(75% of the Lease fee reduced) Local Tax reduction for 15 years(100%) as you invest over USD 10 Mil.

Chungcheongnam-do Naepo New Town

Chungcheongnam-do Naepo New Town

Location : Hongbuk-myeon, Hongseong-gun·Sapgyo-eup, Yesan-gun

Area : 9,951,729㎡

Infrastructure

(Living) 41,737 Houses Construction Plan

(Education) 16 Schools(4 Kindergartens , 6 Elementary Schools , 3 Middle Schools , 2 High Schools , 1University )

(Access) Through YesanSudeoksa IC in Dangjin~Daejeon expressway 8.4km, Through Godeok IC 13km Janghang Line Seohaean Double Track Railway(under construction), Hongseong Station 5.2km

  • Urban High-tech Industrial Complex
    Urban High-tech Industrial Complex

    Area : Industrial Facilities 414,847㎡, Industry - University Collaboration Facilities 237,974㎡

    Investment Facilities : IT·BT etc

    Zoning : Knowledge-Cultural Industry, IT·BT

    Land Price : KRW about 211,750/㎡

  • Special Planning District(Power Center)
    Special Planning District(Power Center)

    Location : Central Commercial Area(Special Planning District)

    Area : C1 31,523㎡, C2 31,293㎡

    Investment Facilities : Department Store, Hotel, Discount Store, Complex Outlet

Cheonan 5 Foreign Investment Zone (Cheonan 5 General Industrial Complex)

Cheonan 5 Foreign Investment Zone (Cheonan 5 General Industrial Complex)

Location : Daehwa-ri, Seongnam-myeon & Sinpung-ri, Susin-myeon, Dongnam-Gu, Cheonan city

Area : 1,523,703㎡(FIZ 336,208㎡)

Zoning : New materials, Hightech parts & materials, Metals assembled, chemicals, etc.

Infrastructure

Easy access(through Mokchen IC in Gyeongbu Expressway, Namcheonan IC), 15 minutes from Cheonan-Asan station in KTX.

Water supply : 9,100㎥/day(Industrial Water 6,750㎥, Living water 2,350㎥)

Power supply : 337,206Mwh/year

Qualifications and Terms of the FIZ Tenancy

Qualifications for tenancy : Foreign share over 30% & FDI over KRW 0.1 billion

Zoning : High-tech business, Cutting-edge technic business, Chemicals, Parts & materials, etc.

Lease fee : KRW 207/㎡/Month, Down payment of the one year lease fee

Lease period : 50 years(renewal of the contract every 10 years)

Conditions for maintaining tenancy

Construct buildings over the standard building construction to land ratio and invest FDI over a land price within 5 years.

Benefits

High-tech business & investment over USD 1 Mil.(Free of Lease fee)

General business & investment over USD 5 Mil.(75% of the Lease fee reduced)

Local Tax reduction for 15 years(100%) as you invest over USD 10 Mil.

Seongmun National Industrial complex in Dangjin City

Seongmun National Industrial complex in Dangjin City

Location : Seongsan-ri, Godae-myeon, Sambong-ri, Seongmun-myeon in Dangjin city

Area : 12,018,616㎡(Industrial 10,810 thou ㎡, Residental 1,208 thou ㎡)

Zoning : Chemical, Rubber & Plastic products, Non ferrous Metal and Metal products, etc.

Infrastructure

Within 20Km access Songak IC & Dangjin IC in Seohaean Expressway

Port : 24 berths in Pyeongtaek Dangjin Port, 20 berths in Daesan Port

Locate in the center of Daesan petrochemical park, Dangjin steel park, Asan automobile park and industrial belt of west coast line.

Land Price : KRW 219,700/㎡

Hapdeok General Industrial complex in Dangjin City Location

Hapdeok General Industrial complex in Dangjin City Location

Location : Seoku-ri & Soso-ri, Hapdeok-eup, Dangjin city

Area : 987,000㎡

Zoning : Electric, Machinery, Auto parts, Foods, Chemical etc.

Infrastructure

Route 32, Local Road 615, 7 Km from Dangjin IC in Seohaean Expressway, 8 Km from Myeoncheon IC in Daejeon to Dangjin Expressway.

Water supply : 4,076㎥/day(Industrial Water 3,704㎥, Living water 372㎥)

Power supply : 307,134Mwh/year

35Km from Daesan Petrochemical Park, 20Km from Dangjin Steel Park.

Land Price : KRW 223,330/㎡