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National Industrial Complex

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Saemangeum Industrial Complex is the largest industrial complex in Korea connected with the Gunsan Industrial Complex. Leading domestic and foreign companies including Toray and Solvay are occupied

Strengths of Saemangeum

Saemangeum National Industrial Complex, The creator of new values for the Northeast Asian economy
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Status
  • Location: 466 Saemangeumbuk-ro, Gunsan-si, Jeollabuk-do
  • Area: 1,850 ha
  • Project period: 2008-2023
  • Project implementer: Korea Rural Community Corporation
  • Licensee: Saemangeum Development Administration
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  • Affordable purchase and rental prices
    • Sales : 151,249 won/㎡, USD 126/㎡
    • Lease : 1% of the officially assessed land price for 100 years (USD 1/ ㎡ per year)
  • Connectivity with nearby industrial complexes
    • Adjacent to Gunsan National Industrial Complex and 12 other industrial complexes
  • Comprehensive Bonded Area / FTA with 55 countries
    • Tariff reduction and deferment of custom duties
  • Access to excellent human resources & Cooperation with Industry-Academia
    • 10 universities, 10 specialized high schools, 28 lifelong educational institutions, 11 R&D institutions
  • Central government support and investment incentives
    • Special Eco-friendly Vehicle Regulation Zone, Gunsan small-strong special R&D zone
    • Corporate tax exemption for 5 years + 50% reduction for 2 years, long-term rental of land

Flagship industry in Saemangeum National Industrial Complex

Saemangeum National Industrial Complex 6 Major Industries
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  • Mobility Electric vehicle OEM, Automobile, Flying car, Flying ship
  • Advanced Materials New material Nano fusion
  • Renewable Energy Wind and solar components /materials, Fuel cells, LED applications
  • Parts Manufacturing Automotive parts, Machine parts
  • ICT/ Data Center ICT convergence/ convergence Hyperscale data center
  • Food & Bio Bio/food fusion technology
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Major Business Model in Saemangeum National Industrial Complex

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Greater Saemangeum Industry Cluster

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