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GFez 광양만권경제자유구역청

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GFEZ, an ideal investment in NE Asia

Gwangyang Bay Area Free Economic Zone offering great investment opportunities
If you are looking for an ideal investment, GFEZ is the answer.

Promotion Performance Up To Now

  • ’07. 12. 28 : Concluded MOU for development of 4 complexes of Hadong District
  • ’09. 02. 24 : Notification of compensation payment (650,000pyeong/27 billion Won paid among 680,000pyeong/29.9 billion Won)
  • ’09. 06. 05 : Notification of preferred bidder termination (Gyeongnam-do ->Hadong District SPC)
  • ’09. 09. 11 : Bidding announcement of project developer (No enterprise who submitted project proposal)
  • ’12. 02. 25 : Application for approval of GFEZ development plan (project period, cost) change (Gwangyang port authority ->MOLIT)
  • ’12. 03. 05 : Bidding announcement of project developer (Hadong-gun)
  • ’12. 06. 25 : Bidding announcement of project developer (No enterprise who was selected as preferred bidder)
  • ’12. 12. 17 : Notification of development plan change(’16~’20→’12~’16)
  • ’13. 04. 28 : Issue of PR material and letter of intent form for participation (270-odd companies)
  • ’13. 05. 16 : Visited PR to enterprises for investment attraction (5 companies: Geumho, Daemyeong, Hanhwa, Muju, Geumho E&C)
  • ’13. 11. 08 : Promotion plan of free economic zone restructuring (targeting the district excluded from designation release)
  • ’13. 11. 27 : Investment attraction by visiting enterprises (Gyeongnam Development Corporation, LH, Joongang Const., Co., Ltd.)

Future Promotion Plan

  • Extensive discovery effort of looking for potential investment company and PR activity (To be continued)
  • Request for exceptional zone from designation cancellation for free economic zone restructuring (Gyeongnam-do)
  • First half of '14: Bidding announcement of project developer

Doowoo Leisure Complex

Outlook type Landscape Elements Plan

  • View corridor
    • Formation of two landscape corridors connecting the sea and inland crossing surrounding mountains
    • Formation of open space for outlook from coastal road to the sea
  • View point
    • Establishment of view point at the mountain summit
    • Establishment of view point from the coast to the sea
    • Establishment of view point of the district entrance
  • Sky line
    • Formation of skyline to ensure harmony with surrounding mountain terrain

Nature Type Landscape Elements Plan

  • Green Network
    • Securing main green belt based on Doowoosan
    • Linkage with golf course facility
    • Extensive utilization of green network by creating mountaineering trail
  • Blue Network
    • Blue network creation based on the coast
    • Establishment of landscape plan open to the sea by installing an observatory

Other Landscape Elements Plan

  • Nighttime Landscape
    • Planning of landmark lighting as a center of nighttime landscape of the district
    • Formation of lineal nighttime landscape along waterfront promenade
    • Installation of point lighting at the main area based on an observatory
    • Creation of diversified landscape having variety
  • Special Zone
    • Promotion of complex-centered image through creation of marine sports center
    • Support of nighttime activity of tourist attraction by planning nighttime lighting installation
1100, Indeok-ro, Gwangyang-eup, Gwangyang-si, Jeollanam-do, Republic of Korea (57741) /
Phone 061-760-5114, 5223

COPYRIGHT(C) 2018 GWANGYANG BAY AREA FREE ECONOMIC ZONE AUTHORITY. ALL RIGHTS RESERVED.