ULSAN < invest Korea

■ Gimje Horizon General Industrial Complex Overview

• Location : Bugeo-ri, Baeksan-myeon, Gimje City, North Jeolla Province
• Size: 2.986 million㎡
• Targeted Industries
  - Other machinery and equipment, electronic parts, electrical equipment, automobile, processed metal

■ Transportation

• Expressway : Honam Expressway South Jeonju IC ↔Seoul (2 hours and 10 minutes)
  Seohaean Expressway South Gimje IC ↔Seoul (2 hours and 10 minutes)
• Railway : Gimje (KTX)↔Seoul(1 hour and 21 minutes)
• Airport : Gunsan International Airport (40 minutes)
• Port : Gunsan Port (45 minutes)li>

■ Gimje Free Trade Zone Overview

• Location : Bugeo-ri, Baeksan-myeon, Gimje City, North Jeolla Province
• Size : 990,000 ㎡
• Targeted Industries
  - Manufacturing industries (Foreign-invested companies / Korean exporting companies)
  - Electronic parts, communication equipment, electrical equipment, other machinery and equipment, automobiles and trailers
  
• Benefits
  - Free land lease : 50 years (Can be renewed, up to 100 years)
  - National tax : Corporate tax and income tax exempted for five years
  - Local tax : Acquisition tax, registration tax and property tax exempted for 15 years

■ Infrastructure

• Water: Industrial water 10,407㎥/day, water for living 2,254㎥/day
• Electricity : Installed substations in districts (154KV/22.9KV)
• Gas : Jeonbuk City Gas
• Wastewater: Treated at Gimje community wastewater treatment facility (7,000㎥/day))

■ Expected Effect

• Build an industrial complex to meet the site demands for new industries related to the Saemangeum project
• Develop a comprehensive industrial complex that consists of production, living and business
• Focus on attracting investment from foreigners and exporting companies in the free trade zone
• Plan to attract 30 companies in the automotive parts, agricultural machinery and root industries