- Investment Opportunities
- Location Report
The Complex, with a focus on the aerospace industry will be home to companies specializing in new metal and mechanical processes and new bio and chemical processes.
Overview of Industrial Complex
- Title: Gyeongnam National Aerospace Industrial Complex
- Location: Jeongchon-myeon, Jinju and Yonghyeon-myeon, Sacheon
(Unit : ㎡)
산업단지 단지규모를 나타내는 표 Total area Total area Industrial facilities Supporting facilities Public facilities Green Area Jinju 793,369 503,088 22,622 168,740 98,919 Sacheon 803,341 595,087 24,683 107,769 75,802 Total 1,596,710 1,098,175 47,305 276,509 174,721
In addition, the National Assembly passed the 'Special Act on the Establishment and Operation of the Korea Aerospace Administration' in January, and the agency will be installed in Sacheon as early as May. Operating under the Ministry of Science and ICT, KASA is the central administrative agency that will oversee the nation’s aerospace policy research and development and the promotion of the aerospace industry. KASA’s establishment will help the Complex attract various businesses and research centers in the aerospace industry.
Based on these strengths, Gyeongnam Province is building infrastructure to specialize in and boost the aerospace industry through the establishment of the Specialized Aerospace Industrial Complex, the Aviation MRO Complex, the UAV Industry Cluster, and the National Innovation Cluster, and is also focusing on the next stage by forming the Multi-purpose Aerospace City Construction Preparation Team.
Initially, the sales of lots were slow due to the current business climate impeding investment and the high sales prices compared to those of nearby general industrial complexes. However, the Complex is expected to attract more tenants, considering that Gyeongnam Province has announced the designation of five areas including aerospace, nuclear power, and hydrogen as high-tech industries from this year and the investment of some KRW1.7 trillion won in 45 related projects. The final decision to establish KASA in the region will also help boost sales
* Source: (Text/photo) Korea Aerospace Industries Association, Korea Industrial Complex Corporation