Yulchon Free Trade Zone Office
YFTZ is designed to attact foreign investments and promote export and import logistics by easing various regulations at the state level, to develop itself into an industrial and logistical hub.
FTZ Development Overview
Background of YFTZ Development
- There was a need to establish an economic hub in the Jeollanamdo region to boost Korea’s economic development.
- There was a need to attract foreign investments to vitalize the regional economy and balance regional development nationwide.
Overview
- Location : 7th block, 1st Yulchon Industrial Complex, Hodu-ri, Haeryong-myeon, Suncheon-si
- Area : 343,623m2
- Development period : 2006-2010
Area Size by Usage
| Category | Total area (㎡) | Ratio(%) | Remarks | |
|---|---|---|---|---|
| Private-factory site | 260,781 | 75.9 | ||
| Facility site | Public distribution | 60,689 | 17.8 | 3 buildings |
| Park and welfare | 22,173 | 6.4 | ||
| Total | 343,623 | 100 | ||