Daebul industrial complex
Encyclopedia
Daebul Industrial Complex is an industrial complex which covers a large portion of Samho, Yeongam of South Jeolla province in South Korea
. The complex was initially designed to set up fundamental base for development in the Mokpo
area. Finalized in December 1996, the residence of enterprises start from 1997. The complex was initially aimed at the south east Asia and China market.
Disposals of the landsite had been quite difficult since its launch to start lease for foreigners since 2000 to rearrange supplies of LNG and infrastructure. Until 2001, portion of parcel stayed at 30% to confront serious complains by regional municipalities.
The establishment of Hyundai Samho Heavy Industries
following purchase from Halla group greatly promoted the economical encouragement in local area, attracting businesses in similar or related industries. The connection from Seohaean expressway also increased the easier approach from Seoul
via cars and also railroad via Mugunghwa-ho
. The province also started advertisement to gain public gains through investment.
The region went through disadvantage via industrialization of South Korea
, while shipbuilding industries has technically promoted further investment to boast local regional economy including Mokpo
and south western coastal area. To settle down functional difficulties for foreign investors, the provincial office tackled down inquired matters from social infrastructure including expressway, gases, fundamental traffic map to license permissions.
In 2002, Ministry of Industries designated the Daebul area as a free trade regio,n to attain additional support in national level to raise up the inter-related industries like shipbuilding and renewable energy provision. In Honam
area, Daebul is supposed to co-operate that resided in Gunsan
, Iksan
and Gwangju
.
Mokpo Customs also resides in this complex to inspect imported merchandise.
South Korea
The Republic of Korea , , is a sovereign state in East Asia, located on the southern portion of the Korean Peninsula. It is neighbored by the People's Republic of China to the west, Japan to the east, North Korea to the north, and the East China Sea and Republic of China to the south...
. The complex was initially designed to set up fundamental base for development in the Mokpo
Mokpo
Mokpo is a city in South Jeolla Province, South Korea, on the southwestern tip of the Korean Peninsula. Mokpo has frequent train service to Seoul and is the terminus for a number of ferry routes serving islands in the adjacent Yellow Sea...
area. Finalized in December 1996, the residence of enterprises start from 1997. The complex was initially aimed at the south east Asia and China market.
Disposals of the landsite had been quite difficult since its launch to start lease for foreigners since 2000 to rearrange supplies of LNG and infrastructure. Until 2001, portion of parcel stayed at 30% to confront serious complains by regional municipalities.
The establishment of Hyundai Samho Heavy Industries
Hyundai Samho Heavy Industries
Hyundai Samho Heavy Industries Co., Ltd. is the world's 5th largest shipbuilder and produces approximately 30 vessels per year. Its yard is located in Samho-eup, South Korea...
following purchase from Halla group greatly promoted the economical encouragement in local area, attracting businesses in similar or related industries. The connection from Seohaean expressway also increased the easier approach from Seoul
Seoul
Seoul , officially the Seoul Special City, is the capital and largest metropolis of South Korea. A megacity with a population of over 10 million, it is the largest city proper in the OECD developed world...
via cars and also railroad via Mugunghwa-ho
Mugunghwa-ho
The Mugunghwa-ho or Mugunghwa is a class of train operated by Korail, the national railroad of South Korea. Mugunghwa trains are the cheapest class of trains to operate cross-country. Prior to the introduction of the KTX in 2004, they were the most common passenger train along most railroad lines...
. The province also started advertisement to gain public gains through investment.
The region went through disadvantage via industrialization of South Korea
South Korea
The Republic of Korea , , is a sovereign state in East Asia, located on the southern portion of the Korean Peninsula. It is neighbored by the People's Republic of China to the west, Japan to the east, North Korea to the north, and the East China Sea and Republic of China to the south...
, while shipbuilding industries has technically promoted further investment to boast local regional economy including Mokpo
Mokpo
Mokpo is a city in South Jeolla Province, South Korea, on the southwestern tip of the Korean Peninsula. Mokpo has frequent train service to Seoul and is the terminus for a number of ferry routes serving islands in the adjacent Yellow Sea...
and south western coastal area. To settle down functional difficulties for foreign investors, the provincial office tackled down inquired matters from social infrastructure including expressway, gases, fundamental traffic map to license permissions.
In 2002, Ministry of Industries designated the Daebul area as a free trade regio,n to attain additional support in national level to raise up the inter-related industries like shipbuilding and renewable energy provision. In Honam
Honam
Honam is a region coinciding with the former Jeolla Province in what is now South Korea. Today, the term refers to North and South Jeolla Provinces....
area, Daebul is supposed to co-operate that resided in Gunsan
Gunsan
Gunsan is a city in North Jeolla Province, South Korea. It is located on the south bank of the Geum River just upstream from its exit into the Yellow Sea. Gunsan is served by frequent railway service on the Gunsan Line from Iksan. It is also connected to the Seohaean Expressway.Kunsan Air Base...
, Iksan
Iksan
Iksan is a city and major railway junction in North Jeolla Province, South Korea.The city center and railway junction was formerly called "Iri" , but merged with Iksan County in 1995....
and Gwangju
Gwangju
Gwangju is the sixth largest city in South Korea. It is a designated metropolitan city under the direct control of the central government's Home Minister...
.
Mokpo Customs also resides in this complex to inspect imported merchandise.