About FTZ > Enterprise online

BACKGROUND: Create a favorable environment for foreign investments to respond to the changing global economic environment; Build a stronghold to advance into the Yellow Sea markets; Revitalize the economy of Jeollabukdo and promote balanced national development

PROGRESS

The present condition
Location	Inside the Gunsan 2 National Industrial Complex, Area :1,256,000㎡
Duration	Oct. 2000 ~ Oct. 2005
Total working expenses	188.4 billion won(land : 115.0billion won, Facilities : 73.4billion won)
Operation	Leasing land or buildings for free or at a low price after government purchase (Ministry of Trade, Industry and Energy)
Main Features	An international deregulated area that promotes global standards like free marketing and sales activities An area where manufacturing, logistics/distribution and trade are interactively connected An area where the Ministry of Trade, Industry and Energy (Administrative Agency of Free Trade Zone office) moves in and gives preferential treatment to foreign investments, providing a one-stop service that includes construction permits Emerges as a Mecca of the automotive and machinery industries backed by the Automotive Parts Innovation Center and parts manufacturers in the nearby industrial complex including GM KOREA and Hyundai Motor Company