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Why gyeonggi province?
1. Offering various incentives for investors, Gyeonggi Province is the ideal location for your operations
Gyeonggi Province offers...
- Abundant skilled labor and a stable business environment.
- Incentives, including tax breaks for foreign companies leasing space in the Eoyeon-Hansan and Chupal Regional Industrial Complexes in Pyeongtaek and the Poseung National Industrial Complex.
- Reduced land rent and taxes for investors in high-tech industries with investment of US1 million or more.
- Exclusive incentives for investment in designated industries.
- Regional taxes reduced or exempted for up to 15 years.
- National or public land may be leased for 50 years with renewable leases.
- Employment and training subsidies of KRW500,000/month for six months for each new recruit employed by a foreign company.
- Comprehensive consulting service and one-stop administrative support.
- Continuous administrative support for corporate management.
- Easy access to amenities for foreigners, such as housing, international schools, hospitals, shopping centers, and leisure facilities, which benefit 44,000 foreigners residing in the province at present.
2. Gyeonggi province Awaits You
Korea, considered the gateway to Asia, has become the focus of attention for foreign investment.
Standing at the heart of the political, economic, and social development of the nation, Gyeonggi Province is the ideal location for foreign investment
Gyeonggi Province: the ideal place for foreign investment
- Accounts for 20% of the total exports of Korea, the 11th largest trading nation in the world.
- Home to a huge consumer market of 23million people, including the residents of Seoul
- As the center of Korea's economy, accounts for 23% of the GRDP (Gross Regional Domestic Product).
- Home to 9.8million residents, or 18% of Koreas population, and rising by 300,000 person each year.
- The heart of Korea's industry with 28% of the nation¡¯s small and medium-size companies, 37% of its high-tech industry, and 60% of it¡¯s biotechnology industry.
- Boasts a highly skilled and productive workforce of 3.9 million, and numerous higher learning and research institutes.
- Possesses advanced transportation and communications networks, including two international airports (one of them the Incheon International Airport, the largest hub airport in Asia), two international ports, expressways, and an extensive railway network.
3. New Challenges and Hopes for the 21st Century's Realize Your Dreams in Gyeonggi Province
Gyeonggi Province is fully prepared to meet all your business needs. Its transparent institutional framework, administration, general investment environment, and industrial infrastructure of are a few of the many reasons you can find more profitable business opportunities in Gyeonggi than anywhere else in Korea. Make a start in Gyeonggi.
We will do all we can to support you and help to make your business is a success. Let¡¯s join forces for success!
If you have any questions about investment in Gyeonggi Province, please contact us at:
Foreign Investment Promotion Division, Gyeonggi Province 1 Measan-ro 3-ga, Gwonseon-gu, Suwon
Gyeonggi Province 441-701, Republic of Korea
Tel:82-31-249-2739
Fax:82-31-249-2189
E-mail:invest@kg21.net