JEOLLABUK-DO < invest Korea

The Jeongup City Government and the Korea Land & Housing Corporation (LH) will begin selling lots of the Jeongup Regional Advanced Science Industrial Complex.

They have completed 89 percent of the complex, aiming to finish by June. As the complex includes a 207,000㎡ site to be sold and a 196,000㎡ site to be rented, they will seek applications for buying or renting industrial lots by April 29.

To attract blue-chip companies, the city will form a taskforce team with LH’s regional office, the North Jeolla Provincial Government, and the Advanced Radiation Technology Institute. It also plans to provide companies with technical support, subsidies, and tax benefits.

The Jeongup Regional Advanced Science Industrial Complex has excellent business conditions. Located in Jeongup, it is highly accessible by the high-speed train KTX, Honam Expressway, National Highway Route 1, and Seohaean Highway. Close to mountains and a national park, it will also be equipped with elementary schools, a cooperative support center of Chonbuk National University, government offices, commercial facilities, a country house district, an apartment house district, and more.

Source: Newsis (Mar. 29, 2013)

** This article was translated from the Korean.