Chungcheongnam-do

Chungnam! Best Choice for your investment Optimum Location

Locational Conditions of Foreign Investment Area

• Qualification : Over 30% share of foreign investment / Over KRW 0.1 billion in foreign investment costs.
• Targets : Businesses in high-technology, cutting-edge technology, chemical products and auto parts.
• Land Lease period : 50 years(contract renewal : every 10 years)
• Implementation Conditions(for five years) : Construction projects with a higher land ratio than the stnadard factory area, and investment with more than the land price.
• Incentives : High-technoligy businesses with over USD 1 million of foreign investment costs(Tax exemption of 100%) Over USD 5 million in foreign inverstment costs among general manufacturing businesses. Local Tax reduction for over USD 10 million of foreign investment(15years 100%)

Songsan 2 Foreign Investment Zone (Songsan 2 General Industrial Complex)

• Location : Donggok-ri & Gagok-ri, Songsan-myeon, Dangjin city
• Area : 1,616,276㎡[FIZ 417,268.5㎡(1st:134,023㎡, 2nd:165,309㎡, 3rd:117,936.5㎡)]
• Zoning : Non-Metal Mining, Metal & Steel, Metal Processing, New materials Hightech parts & materials, Automatic & its parts, Chemicals, etc
• Infrastructure
  • Easy access(thru Songak IC in Seohaean Expressway - National Route 38 10km, thru Dangjin IC - Route 63310km away)
  • 12 berths in Dangjin Port 4km away
  • Waste water trement facilities : 14,200㎥/day
  • Power supply : 381MW(Max. capa.), 345KV, Substation(located in complex)
  • Using LNG anytime

Qualifications and Terms of the FIZ Tenancy

• Qualifications : Foreign share over 30% & FDI over KRW 0.1 billion
• Zoning : High-tech business, Cutting-edge technic business, Chemicals, Parts & materials, etc.
• Lease fee : KRW 290/㎡/Month, Down payment of the one year lease fee
• Lease period : 50 years(renewal of the contract every 10 years)
• Conditions for maintaining tenancy : Construct buildings over the standard building construction to land ratio and invest FDI over a land price within 5 years.
• Benefits : High-tech business & investment over USD 1 Mil.(Free of Lease fee) General business & investment over USD 5 Mil.(75% of the Lease fee reduced) Local Tax reduction for 15 years(100%) as you invest over USD 10 Mil.

Chungcheongnam-do Naepo New Town

• Location : Hongbuk-myeon, Hongseong-gun·Sapgyo-eup, Yesan-gun
• Area : 9,951,729㎡
• Infrastruacture
  • (Living) 41,737 Houses Construction Plan
  • (Education) 16 Schools(4 Kingdergartens , 6 Elementary Schools , 3 Middle Schools , 2 High Schools , 1University )
  • (Acces) Thru YesanSudeoksa IC in Dangjin~Daejeon expressway 8.4km, Thru Godeok IC 13km Janghang Line Seohaean Double Track Railway(under construction), Hongseong Station 5.2km

Urban High-tech Industrial Complex

• Area : Industrial Facilities 414,847㎡, Industry - University Collaboration Facilities 237,974㎡
• Investment Facilities : IT·BT etc
• Zoning : Knowledge-Cultural Industry, IT·BT
• Land Price : KRW about 211,750/㎡

Special Planning District(Power Center)

• Location : Central Commercial Area(Special Planning District)
• Area : C1 31,523㎡, C2 31,293㎡
• Investment Facilities : Department Store, Hotel, Discount Store, Complex Outlet

Cheonan 5 Foreign Investment Zone (Cheonan 5 General Industrial Complex)

• Location : Daehwa-ri, Seongnam-myeon & Sinpung-ri, Susin-myeon, Dongnam-Gu, Cheonan city
• Area : 1,523,703㎡(FIZ 336,208㎡)
• Zoning : New materials, Hightech parts & materials, Metals assembled, chemicals, etc.
• Infrastructure
  • Easy access(thru Mokchen IC in Gyeongbu Expressway, Namcheonan IC), 15 minutes from Cheonan-Asan station in KTX.
  • Water supply : 9,100㎥/day(Industrial Water 6,750㎥, Living water 2,350㎥)
  • Power supply : 337,206Mwh/year

Qualifications and Terms of the FIZ Tenancy

• Qualifications for tenancy : Foreign share over 30% & FDI over KRW 0.1 billion
• Zoning : High-tech business, Cutting-edge technic business, Chemicals, Parts & materials, etc.
• Lease fee : KRW 207/㎡/Month, Down payment of the one year lease fee
• Lease period : 50 years(renewal of the contract every 10 years)
• Conditions for maintaining tenancy
  • Construct buildings over the standard building construction to land ratio and invest FDI over a land price within 5 years.
• Benefits
  • High-tech business & investment over USD 1 Mil.(Free of Lease fee)
  • General business & investment over USD 5 Mil.(75% of the Lease fee reduced)
  • Local Tax reduction for 15 years(100%) as you invest over USD 10 Mil.

Seongmun National Industrial complex in Dangjin City

• Location : Seongsan-ri, Godae-myeon, Sambong-ri, Seongmun-myeon in Dangjin city
• Area : 12,018,616㎡(Industrial 10,810 thou ㎡, Residental 1,208 thou ㎡)
• Zoning : Chemical, Rubber & Plastic products, Non ferrous Metal and Metal products, etc.
• Infrastructure
  • Within 20Km access Songak IC & Dangjin IC in Seohaean Expressway
  • Port : 24 berths in Pyeongtaek Dangjin Port, 20 berths in Daesan Port
  • Locate in the center of Daesan petrochemical park, Dangjin steel park, Asan automobile park and industrial belt of west coast line.
• Land Price : KRW 219,700/㎡

Hapdeok General Industrial complex in Dangjin City Location

• Location : Seoku-ri & Soso-ri, Hapdeok-eup, Dangjin city
• Area : 987,000㎡
• Zoning : Electric, Machinery, Auto parts, Foods, Chemical etc.
• Infrastructure
  • Route 32, Local Road 615, 7 Km from Dangjin IC in Seohaean Expressway, 8 Km from Myeoncheon IC in Daejeon to Dangjin Expressway.
  • Water supply : 4,076㎥/day(Industrial Water 3,704㎥, Living water 372㎥)
  • Power supply : 307,134Mwh/year
  • 35Km from Daesan Petrochemical Park, 20Km from Dangjin Steel Park.
• Land Price : KRW 223,330/㎡