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This website is the official e-government website of Korea.

About Administration Agency

YFTZ is a government agency that was established to support tenants of Yulchon Free Trade Zone Office. It is equipped with unlimited potentials and optimal location conditions.

Administration team

  • Collect YFTZ tax revenues and perform services related to land and factory rents, etc.
  • Approve tenancy for banks, insurance firms, tariff offices, and other support firms, and process leasing of facilities
  • Maintain, repair, and manage state facilities within the complex, such as roads and standard factories
  • Undertake work related to FTZ access and security
  • Coordinate with support administrative agencies within the FTZ
  • Oversee defense planning and security within the FTZ

Business team

  • Attract foreign-invested corporations and publicize the FTZ
  • Approve tenancy (change of tenancy) and undertake follow-up work
  • Approve and authorize the construction of factories and buildings
  • Approve exports and imports, and promote exports
  • Undertake the provision of information, consultation services, and investment publicity with regard to the FTZ