
 
					 
					 
					 
				   The 2017 Fall Winter Hera Seoul
					Fashion Week attracted some
					280,000 visitors, attesting to
					South Korea's burgeoning fashion
					industry. Coupled with the Korean
					Wave, the country's innovative approach
					to fashion has taken the world by storm.
					As a future growth engine tapped by the
					Korean government, the country's apparel
					and textile industry promises to grow
					tremendously in the coming years.
					   At the heart of the industry's incubation
					process is Gyeonggi-do. Literally translated
					into "the area surrounding the capital,"
					Gyeonggi-do is located next to the
					nation's capital of Seoul. It is also the
					most populous province in South Korea
					with more than 12 million people as of
					2014.
					
					    With the recent shift of the country's
					focus from heavy manufacturing to soft
					power industries like service and retail,
					Gyeonggi-do has stepped up to the task of
					becoming the hub of the textile industry.
					Over 2,800 textile-related factories are
					located in the province, which produces
					59 percent of Korea's textile exports and
					83 percent of the country's knit exports.									
					
   Located northeast of Gyeonggi-do,
					Yangju-si is poised to become the mecca
					of the textile industry. Tapped to become
					the base of the textile industry complex
					by the government, Yangju broke ground
					for the G-Textopia in 2011 and is now
					home to the Korea High Tech Textile
					Research Institute (KOTERI), the Textile
					Startup Business Incubation Center, the
					Green Knit Research Center and the
					Gyeonggi Textile Center (GTC).
					   The G-Textopia's KOTERI is a unique
					government organization fully involved
					in everything from textile manufacturing
					to distribution. It is the only institute of its
					kind to have a research and development
					(R&D) sector. The institute is especially
					 
					
 
					
					known for its Cold Pad Batch (CPB), innovative eco-
					friendly dyeing process and the world's first
					liquid ammonia
					process technologies to
					produce knit textiles.
					KOTERI signed a memorandum of
					understanding (MOUs) with major textile
					and apparel companies like Kolon
					Fashion Material and Huvis, and more
					recently with Korea Mingbao Textile and
					CHTC HELON.
					   The GTC was also established to promote
					the provincial Gyeonggi textile and
					apparel industry in the United States following
					the Korea-US free trade agreement.
					Its operations and services include
					trade promotion, new product sourcing
					and development, vendor introduction
					and consultation. It also set up an office in
					Los Angeles to further promote trade.
					   Thanks to its ideal business environment,
					Yangju-si is already teeming with
					textile, apparel and textile manufacturing
					companies, including Daejin Textile Co,
					Dowel International Co. Ltd., Elzion,
					Heasung Textile, Kwang Il Textile Co.
					Ltd., Nam Kwang Textile Co. and Young
					Shin Textile Co.
   Bordering Yangju is the mountainous,
					up-and-coming city of Pocheon. Home to
					roughly 2,166 small and medium-sized
					manufacturers of textiles and metal products,
					including Hyesung Knitting
					Machinery Co., Ltd., Seong Shin Textile
					Co., Ltd. and Samheung Co., Ltd.,
					Pocheon is quickly developing into an
					industrial powerhouse.
					   The city is currently focusing on developing
					industrial complexes for the fiber
					and furniture industries, including the
					Jangja Industrial Complex and the
					Pocheon Eco Development Co. Ltd.
					(Yongjeong Industrial Complex), both of
					which are expected to revitalize the local
					
					
					
					 
					
economy by forming a system of knitting
					and dyeing factories, deregulation and incentives. The Jangja Industrial Complex
					alone is expected to produce an economic 
					effect of KRW 166.5 billion (USD 148.02
					million) and a USD 167 million increase
					in exports. The provincial government is
					also working to further deregulate and
					amend ordinances to develop a more
					business-friendly ecosystem.
					    In 2015, Pocheon also landed the K-Design
					Village Project, a joint operation
					with the Gyeonggi Province, the Ministry
					of Land, Infrastructure and Transport and
					the Korea Fashion Designers Association.
					The project, a combination of a 500,000 ㎡
					industrial complex and a 300,000 ㎡ park,
					will foster the region's textile and furniture
					industry as well as promote tourism.
					A total of KRW 700 billion (USD 622.3
					million) will be invested in the project,
					including KRW 200 billion (USD 177.8
					million) in government spending and
					KRW 500 billion (USD 444.5 million) in
					private capital. Pocheon is currently
					focusing on creating transportation networks
					by creating and expanding roads
					and is expected to be completed by the
					year 2022.
					 
