(1) Reasons for Proposal

As the Harbor Act was partially amended to newly insert a provision that grants occupancy qualification and priority to companies coming back to Korea in a Class 1 harbor hinterland complex (Act No. 17620; promulgated on December 8, 2020; to be enforced on June 9, 2021), this Partial Amendment aims to define matters delegated from the Act such as the scope of companies coming back to Korea and occupancy priority criteria and improve and supplement some shortcomings observed in the operation of the current system.

(2) Major Provisions

A. Define the scope of companies coming back to Korea which can occupy a Class 1 harbor hinterland complex (Article 70 paragraph 4 newly inserted)

Define companies in types of businesses identical to those of currently occupying Korean companies in the manufacturing and knowledge service industries under the Korean Standard Industrial Classification as eligible for occupancy.

B. Alleviate occupancy priority criteria for manufacturing (Article 71 paragraph 1) and prepare occupancy priority criteria for companies coming back to Korea (Article 71 paragraph 2)

Set the percentage of exports in revenue, one of the occupancy priority criteria for manufacturing, from ≥80 out of 100 to ≥50 out of 100 and the percentage of exports to Korea in revenue as <50 out of 100 for companies coming back to Korea.