Korea Free Economic Zone
Encyclopedia
Korea free economic zone (KFEZ) is designated to strengthen national competitiveness and promote balanced regional development by improving the living condition and business environment for foreigners in 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...

. Korea free economic zone planning office is in charge for this.

FEZ Policy

- FEZ Authorities and Invest Korea support foreign investment.

- Financial assistance and incentives (tax benefits, cash grants)

Foreign Life in FEZ

- Foreign schools and medical services

- Simultaneous interpretation service

- Rental housing for foreigners

FEZ Infrastructure

- Incheon International Airport

- Incheon ports and harbors

- IT infrastructure

Six Districts of Korea FEZ

District Location Focus Industries Starting Date Website
Incheon FEZ Incheon
Incheon
The Incheon Metropolitan City is located in northwestern South Korea. The city was home to just 4,700 people when Jemulpo port was built in 1883. Today 2.76 million people live in the city, making it Korea’s third most populous city after Seoul and Busan Metropolitan City...

 
IT, BT, international finance, tourism & leisure Aug.06 2003  http://www.ifez.go.kr/
Busan/Jinhae FEZ Busan
Busan
Busan , formerly spelled Pusan is South Korea's second largest metropolis after Seoul, with a population of around 3.6 million. The Metropolitan area population is 4,399,515 as of 2010. It is the largest port city in South Korea and the fifth largest port in the world...

 
Gyeongsangnamdo 
maritime logistics, shipbuilding Mar.30 2004  http://www.bjfez.go.kr/
Gwangyang FEZ Jeollanamdo 
Gyeongsangnamdo 
maritime logistics, materials Mar.24 2004  http://www.gfez.go.kr/
Yellow Sea FEZ Chungcheongnamdo 
Gyeonggido 
automobile components, value-added logistics Jul. 22 2008  http://www.yesfez.go.kr/
Saemangeum/Gunsan FEZ Jeollabukdo  automobiles, shipbuilding, green industries Aug. 28 2008  http://www.sgfez.go.kr/
Daegu/Gyeongbuk FEZ Daegu
Daegu
Daegu , also known as Taegu, and officially the Daegu Metropolitan City, is a city in South Korea, the fourth largest after Seoul, Busan, and Incheon, and the third largest metropolitan area in the country with over 2.5 million residents. The city is the capital and principal city of the...

 
Gyeongsangbukdo 
education, medical, knowledge-based Aug. 13 2008 http://www.dgfez.go.kr/
The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
x
OK