Ministry of Trade, industry and Energy Korean Free Trade Zone

Gunsan Free Trade Zone

Gunsan Free Trade Zone information

The Gunsan Free Trade Zone is located in the center of the Yellow Sea Industrial Belt, and is the driving force that pushes the Gunsan area forward as an industrial hub for the rapidly expanding Pan-Yellow Sea Economic Zone. The Gunsan Free Trade Zone can be used for raw material importing, stockpiling, and distribution, and it has access to urban and industrial infrastructure with a number of industrial clusters nearby.

Overview

Address

482, Jayu-ro, Gunsan-si, Jeollabuk-do

Total area

1,256,000m² (factory site 1,007,000, standard factory 113,000/8 buildings, other 136,000)

Key industries

Chemistry, machinery, electrical/electronics, etc.

Exports

USD 435,942,000

Key tenants

Samyang Fine Technology (Japan), Samyang Innochem (Japan), Oerlikon Balzers (Switzerland), etc.

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Key features

Port facilities

Closest to major ports along the east coast of China (580km from Qingdao)

Proximity to the Saemangeum Seawall

2/3 the size of Seoul, longer than the Zuider Zee Seawall (32.5km) in the Netherlands

Proximity to industrial complexes

Access to vast industrial real estate (28.4km2), including the Gunjang National Industrial Complex
Supply of vast industrial real estate thanks to the Saemangeum Seawall project

Automobile and machineries industries

Close proximity to GM Korea, TATA Daewoo Commercial Vehicle, Automobile Components Integration Complex, etc.
Potential for growth as a base for the automobile industry

Road network

2 hours from Seoul, 1+ hours from Daejeon/Gwangju
1+ hours from Yeongi-gun, Chungcheongnam-do (i.e. a gateway to Sejong-si)

Area information