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Information & Communication Technology (ICT)
The World’s First and Best IT Powerhouse
Korea was the first country in the world to commercialize CDMA in 1996, LTE-A in 2013, and 5G in 2019. The country is acknowledged as a global ICT leader based on its high level of ICT related technologies and penetration rate.
Excellent ICT InfrastructureKorea’s excellent ICT infrastructure is not just high-speed internet; it’s about creating a hyperconnected ecosystem for businesses to flourish
The ICT industry accounted for Korea’s GDP and
led the nation’s economic growth.
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Where Digital
Transformation AcceleratesThe rapid spread of cloud services in Korea was triggered by the saturation of wired and wireless network service penetration, the universalization of 5G services and the introduction of e-um 5G services, and the expansion of telecommuting and OTT services that have triggered data demand
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Digital Technology
Innovation and Diffusion StrategyAccording to the Digital Innovation and Diffusion Strategy announced in June 2022, the Korean government plans to invest heavily in six major areas of innovative technology (i.e., AI, AI semiconductors, 5G-6G, quantum, metaverse, and cybersecurity) to explore and expand domestic and global markets.
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ICT Clusters
The Ministry of Science and ICT is supporting 14 clusters across the country to strengthen the capability of the digital industry based on specialized industries in each region. It is also supporting regions to develop new digital industries and pursue digital transformation.
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Global Companies Investing in Korea
AWS has announced plans to invest USD 5.8 billion in Korea’s cloud infrastructure over a five-year period until 2027. Microsoft is also strengthening its investment in Korea, particularly in the field of AI and cloud computing. Notably, through a strategic partnership with KT, MS plans to invest approximately USD 1.6 billion over the next five years to develop Korea-specific AI solutions and secure cloud services.
Yeoryung Han
New Industry Promotion Team
+82-2-3460-7883
yeoryung@kotra.or.kr
Hyeongkon Kang
New Industry Promotion TeamRecommendation on Locations
Industrial Complex Information
Bit-Green Industrial Complex
| Initial designation date | 2009.09.30 |
|---|---|
| Designated area(m2) | 4,070,692 |
| Management | Korea Industrial Complex Corporation |
| Nearby Railway | Hampyeong Station |
| Distance from station(km) | 30 |
| Nearby Airport | Gwangju Airport |
| Distance from airport(km) | 20 |
| Industrial waterSupply capacity(ton/day) | 17130(㎥/day) |
| Affiliation local government | Gwangju Metropolitan City Gwangsan-gu, Jeollanam-do Hampyeong County |
| Population | 1,454,154 |
Industrial Complex Information
Saemangeum District National Industrial Complex
| Initial designation date | 2019.08.02 |
|---|---|
| Designated area(m2) | 18,495,346 |
| Management | Saemangeum Development Agency |
| Nearby Railway | Gunsan Station |
| Distance from station(km) | 28 |
| Nearby Airport | Gunsan Airport |
| Distance from airport(km) | 15 |
| Industrial water Supply capacity(ton/day) | 123077(㎥/day) |
| Affiliation local government | Jeollabuk-do Gunsan City |
| Population | 267,982 |
Industrial Complex Information
Ulsan Techno General Industrial Complex(Ulsan Free Economic Zone)
| Initial designation date | 2013.06.20 |
|---|---|
| Designated area(m2) | 1,286,977 |
| Management | Ulsan Metropolitan City |
| Nearby Railway | Taehwagang Station |
| Distance from station(km) | 9 |
| Nearby Airport | Ulsan Airport |
| Distance from airport(km) | 15 |
| Industrial water Supply capacity(ton/day) | 2614(㎥/day) |
| Affiliation local government | Ulsan Metropolitan City Nam-gu |
| Population | 1,140,310 |
Industrial Complex Information
Chunhwa Agricultural Industrial Complex
| Initial designation date | 2008.07.02 |
|---|---|
| Designated area(m2) | 211,785 |
| Management | Gyeongsangnam-do Miryang City |
| Nearby Railway | Sangdong Station |
| Distance from station(km) | 14 |
| Nearby Airport | Gimhae International Airport |
| Distance from airport(km) | 56 |
| Industrial water Supply capacity(ton/day) | 633(㎥/day) |
| Affiliation local government | Gyeongsangnam-do Miryang City |
| Population | 105,099 |
Industrial Complex Information
Namdong National Industrial Complex (Renewable Business District)
| Initial designation date | 1980.09.02 |
|---|---|
| Designated area(m2) | 9,504,046 |
| Management | Korea Industrial Complex Corporation |
| Nearby Railway | Bupyeong Station |
| Distance from station(km) | 9 |
| Nearby Airport | Incheon Airport |
| Distance from airport(km) | 32 |
| Industrial water Supply capacity(ton/day) | 49081(㎥/day) |
| Affiliation local government | Incheon Metropolitan City Namdong-gu |
| Population | 2,943,491 |
Industrial Complex Information
Haso Eco-friendly General Industrial Complex
| Initial designation date | 2012.05.11 |
|---|---|
| Designated area(m2) | 306,703 |
| Management | Daejeon Metropolitan City |
| Nearby Railway | Daejeon Station |
| Distance from station(km) | 17 |
| Nearby Airport | Cheongju International Airport |
| Distance from airport(km) | 71 |
| Industrial water Supply capacity(ton/day) | 1300(㎥/day) |
| Affiliation local government | Daejeon Metropolitan City Dong-gu |
| Population | 1,469,431 |