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Local Governments

[Gangwon-do] Wonju Munmak complex-type foreign-investment zone
Date
2022.11.15

Project Overview

  • Location : Bangye-ri, Munmak-eup, Wonju-si (within Bangye General Industrial Complex)
  • Development Area : 95,832.3㎡
  • Organized by : MOTIE, Gangwon-do, Wonju-si (Management entrusted to: Korean Industrial Complex Corporation)

Incentives

  • Tax Support (Investment amount USD 10 million or more)
    - Acquisition Tax, Property Tax : Reduction of 100% for 7 years, 50% for 3 years (within the foreign investment stake limit)
  • Low rent (Annual 1% of land acquisition value (KRW 2,988 per year/㎡)
    - If meet the condition of rent reduction, 75~100% to be reduced
    ※ Incentives to be discussed
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