- Why Chungnam
- Why Chungnam
Optimal LocationChungcheongnam-do is a center of transportation with ports and international airports nearby, which gives it a great advantage in international trade. The province can be reached from anywhere in Korea within two hours thanks to high-speed railways (KTX) and well-paved expressways.
Well-developed InfrastructureChungcheongnam-do offers tourism and leisure towns with its beautiful environment and leading-edge medical and educational facilities including hospitals, junior colleges, elementary, middle, and high schools for foreign nationals. It offers a stable and inexpensive supply of electricity and water for industrial use.
Excellent Human ResourcesChungcheongnam-do is cultivating abundant human resources including over 180,000 students in 31 colleges, and 18,000 students in 36 vocational high schools. Thanks to its close proximity to Seoul, businesses can employ talents with expertise at a relatively low cost. Moreover, businesses in Chungcheongnam-do maintain amicable labor relationships with hard-workers, and the provincial government actively supports corporate activities.
Attractive Investment DestinationChungcheongnam-do is home to 71 companies in a 1.659 million square meter-Foreign Investment Zone (individual-type: 648,000 square meter in 16 districts, complex-type: 1.011 million square meter in 3 districts).
The foreign investment zone in the Cheonan Industrial Complex No. 5 attracts sectors in new material, cutting-edge parts and material and assembly metal.
Chungcheongnam-do is making utmost efforts to satisfy the individual demands of companies that prefer individual-type complexes.