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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

  • ’08. 1. 24 : Designation of project developer (Hadong-gun, Daesong Industry Co., Ltd.)
  • ’12. 4. 5 : Issue of letter of intent for financing arrangement (Korea Investments & Securities ->Daesong Industry Co., Ltd.)
  • ’12. 12. 12 : Deposit of land compensation amount (15 billion Won) (Daesong Industry Co., Ltd. -> Hadong-gun)
  • ’12. 12. 18 : Notification of approval for development plan change
  • ’12. 12. 20 : Notification of approval for enforcement plan change
  • ’13. 2. 22 : Additional deposit of land compensation amount (5 billion won) (Daesong Industry Co., Ltd. ->Hadong-gun)
  • ’13. 4. 2 : Notification of land compensation (1.374million pyeong, 504 lots of land)
  • ’13. 5. 3 : Concluded PF loan agreement (181 billion Won, Hadong-gun, Daesong Industry, Korea Investments & Securities)
  • ’13. 6.19 : Application for approval of development plan change (authority ->MOTIE)
  • ’13. 7. 29 : Compensation consultation and payment notification (Compensation rate:89%, 847,000m2, 32.7 billion Won)
  • ’13. 10. 23 : Notification of approval for development plan change (MOTIE Gyeongjadan)
  • ’13. 11. 4 : Application for approval of development plan and enforcement plan change
  • ’13. 12. 13 : Concluded enforcement agreement (Hadong-gun, Daesong Industry Co., Ltd., Hanyang Corporation, Korea Investments & Securities)
  • ’14. 1. 8 : Notification of approval for development plan change (Gyeongsangnam-do)

Future Promotion Plan

  • Notification of approval for enforcement plan change
  • Creation of industrial complex to be completed by December, '16

Daesong Industrial Complex

Outlook type Landscape Elements Plan

  • View corridor
    • Landscape corridor extended to Jirisan-Seomjin River- the sea
    • Formation of large landscape corridor connecting the south and the north
    • Landscape corridor connecting east-west sea
  • View point
    • Establishment of view point from the inside to the sea
    • Consider outlook from the sea to the target area

Nature Type Landscape Elements Plan

  • Green Network
    • Establishment of green network as a center of central park
    • Linkage of landscape corridor with pedestrian network
  • Blue Network
    • Creation of internal waterfront corridor based on internal waterway as a center
    • Securing open space linked with waterway at the major points including crossroad and access road

Urban Type Landscape Elements Plan

  • Urban Network
    • Securing comfortable pedestrian space by distancing from industrial complex based on support facility or shielded green belt
    • Securing pedestrian space separated from vehicles through 2-row planting
    • Securing pedestrian passage through street planting and road paving

Other Landscape Elements Plan

  • Nighttime Landscape
    • Creation of nighttime landscape of functional and well-arranged ambiance
    • Formation of lineal nighttime landscape along the waterway
    • Installation of point lighting at major area
    • Creation of diversified nighttime landscape having variety
  • Special Zone
    • Formation of a zone as a center of activity in the complex by installing open space, support facility, public facility, neighborhood living facility at the coastal area
    • Creation of entrance landscape based on 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.