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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.

Here are our footsteps in the history of GFEZ.

We are making great strides, by taking each step with careful consideration and prudence.

2017
  • 01.12Business agreement with Jeonnam Techno Park and Jeonnam Bioindustry Foundation
  • 02.28Investment agreement with 중국안후이콜드체인컨소시엄 China 안후이 Cold Chain Consortium and Korea Windows
  • 03. 01SSM School과 Investment agreement with SSM School
  • 04. 13Investment agreement with J-Chem Co., Ltd.
  • 04. 20Investment agreement with Gwangyang Bay Industrial Development and Woosung G&F
  • 04. 24Investment agreement with Carbonyx International and 허난텐샹물류발전유한공사
  • 05. 26Investment agreement with OEC and Quantum Emas Korea
  • 05. 26Hosting of GFEZ Labor-Management Harmony Hanmadang
  • 06. 23Investment agreement with Boruta-Zachem S.A.
  • 06. 30Investment agreement with Resources Solution, ARTON, and Woodin Cosmetic
  • 09. 18Investment agreement with 구이왕식품, 화웬식품
  • 09. 27Investment agreement with Youwon Industrial Technology, PK Engineering, Uncheon E&G, CM Food
  • 11. 02Business agreement with the Korean-American Chamber of Commerce USA
  • 11. 03Deliberation and resolution by the FEZ Committee of the Ministry of Industry (confirmation of incorporation of Gyeongdo)
2016
  • 02. 24Investment agreement with Samgun Industry, Hansung Gold, DJ Engineering, Shin Young ENG, Youwon Industrial Technology, Bao Food
  • 03. 18Investment agreement with Ace Global
  • 03. 21Business agreement with POSCO Gwangyang Creative Economy Center
  • 04. 18Investment agreement with V3 Water International
  • 04. 28Investment agreement with KM Korea, Daul ENC and HAM and Business agreement with Hana Bank
  • 05. 04Business Agreement with Sunchon National University
  • 05. 11Business agreement with the Korea Testing & Research Institute (KTR)
  • 05. 12Hosting of GFEZ Labor-Management Harmony Hanmadang
  • 05. 20Investment agreement with Gwangdeok MPT, Engine Trade and Hansung Steel
  • 05. 24Investment agreement with Technopia
  • 05. 26Investment agreement with PTC
  • 06. 24Investment agreement with 신융자담보유한공사컨소시엄 and LK
  • 08. 10Investment agreement with 카이푸란성에너지환보유한회사 and Woory Industrial Company
  • 10. 20Business agreement with Shinhan Bank
  • 11. 02Investment agreement with Kowas and Koins
  • 12. 13Investment agreement with Boim Energy, Glochal Biomass, and Suncheon Nonghyup
2015
  • 1. 21Investment agreement with Jeyoung Industrial, 산스이테코코리아, and Mirae SI
  • 3. 3Investment agreement with Bio Polymer (BMP)
  • 3. 24The 11th anniversary of the establishment of GFEZ Authority
  • 4. 1Investment agreement with Aplus Realty
  • 4. 9Investment agreement with Korea Southern Power and G1 Energy Holdings
  • 5. 2Investment agreement with Seonjin Heavy Industries
  • 6. 26Investment agreement with 아이젠스타 Izen Star
  • 7. 3Inauguration of Kwon Oh-bong as the 5th Commissioner of GFEZ Authority
  • 7. 7Development of Hadong Duwoo Leisure Complex
  • 7.24Selection as Excellent Institution based on the National FEZ Performance Evaluation
  • 8. 5Investment agreement with T&F Materials
  • 9.10Investment agreement with Kunwei Consortium 쿤웨이컨소시엄
  • 10. 5International bid for the Hwayang District Tourist Complex development project
  • 10.30Completion of the footsal stadium construction project at Yulchon 1 Industrial Complex
  • 11.24Hosting of Sepung Industrial Complex IR Conference
  • 12.24Investment agreement with 요녕푸통국제투자집단유한공사
Here are our footsteps in the history of GFEZ.

We are making great strides, by taking each step with careful consideration and prudence.

2014
  • 3. 24Investment agreement with CMC Korea and Negopack
  • 3. 24The 10th anniversary of the establishment of GFEZ Authority
  • 5. 21Investment agreement with Saemsoseul
  • 6. 5Investment agreement with Daejoo Heavy Industries and Blue Ocean tech
  • 7. 22Investment agreement with Daewoo Logistics – Gwangyang International
  • 9. 18Investment agreement with Dongwon Heavy Industries
  • 10. 14Investment agreement with AU and SS Plastic
  • 12. 18Investment agreement with Boss Pack
2013
  • 1. 2Commencement of construction of Maple Leaf International School, the first international school in Jeollanam-do Province
  • 2. 21Investment agreement with Gwangyang Bay Authority 광양만청, Yeosu City and Kumho Petrochemical
  • 3. 24The 9th anniversary of the establishment of GFEZ Authority
  • 4. 26Investment agreement with Lee-Tech (Japan)
  • 4. 29Investment agreement with the Korea Association of Offshore Plant Enterprises
  • 5. 27Investment agreement with Mirae Industry and Daemyung PMC
  • 7. 3Selection as Excellent FEZ Authority for 4 consecutive years based on the National FEZ Performance Evaluation
  • 10. 10Investment agreement with 중국-Y턴기업 에머텍
  • 11. 26Investment agreement with 중국 태영집단(그룹)
2012
  • 1. 12Investment agreement with the tenant enterprises of GFEZ
  • 2. 152012 Joint Presentation of Corporate Support Policies
  • 2. 272012 IR Worship with Experts
  • 2. 28Opening of the Ocean Resort in Yeosu
  • 3. 6Business agreement with Suncheon Technical High School on employment support
  • 3. 15Conglomerate specializing in production of new materials such as stainless steel and double-width magnesium boards
  • 5. 24Hosting of an IR presentation with American Chamber of Commerce in Korea (AMCHAM Korea)
  • 7. 24Investment agreement (KRW 8 billion) with Koei Tecmo System (Japan) 日코에이 테크노시스템(주)
  • 10. 16Commencement of construction on water surface for Galsa Bay Shipbuilding Industrial Complex
  • 11. 29Hosting of 「Seminar on Policy Direction for Maritime Logistics and Promotion of Logistics in Gwangyang Bay Area」
Here are our footsteps in the history of GFEZ.

We are making great strides, by taking each step with careful consideration and prudence.

2011
  • 1. 21Meeting with the tenant enterprises on the adjustment of the administrative area of Yulchon Ⅰ Industrial Complex
  • 2. 17Investment agreement with the tenant enterprises of Yulchon Ⅰ Industrial Complex
  • 3. 21LTI construction completion ceremony
  • 4. 14Agreement on Galsa Bay Shipbuilding Industrial Complex
  • 4. 20IR presentation with foreign investors and representatives of embassies in Korea
  • 4. 29Opening of Jeonju-Gwangyang Expressway
  • 5. 12GFEZ investment meeting with enterprises related to 세츠스이토 신용금고 (Japan)
  • 5. 30Business agreement on co-op program for local university students (tenant enterprises)
  • 6. 7Groundbreaking ceremony for POSCO SNG Plant
  • 6. 14General assembly of the founding of the Offshore Plant Explosion & Fire Testing Institute
  • 8. 19Founding of Yeosu Gwangyang Port Authority
    Overseas IR presentation and demonstration by T/F team for each language sphere
  • 8. 24Opening of Gangyang International Materials Support Center
  • 8. 29Meeting with the industrial tour group from 오사카능률협회
  • 9. 6해양플랜트Evaluation committee for selecting a service provider for creating the foundation for the overseas plant equipment and materials industry
  • 9. 19POSCO SNNC investment increase and investment agreement ceremony
  • 9. 23Business agreement with GFEZ-Kim Dae-jung Convention Center
  • 10. 5Opening ceremony for the double track railway of Jeolla Line (Iksan~Yeosu)
  • 11. 15Meeting with the members of the Dalian-Changxing Economic and Technical Development Zone Management Committee
  • 11. 28IR presentation for the target enterprises of the Ocean Biz Project
  • 12. 7MOA on the implementation of the Sepung and Hwanggeum Industrial Complex Establishment Project
  • 12. 23Completion of construction of Gwangyang Port Hinterland (West Side) (Zone 1)
2010
  • 1. 21Final briefing session on the feasibility study of the leisure boat construction cluster
  • 2. 18Presentation on the investment environment of Daesong Industrial Complex
  • 3. 22Inauguration of Choi Jong-man as the 3rd Commissioner of GFEZ Authority
  • 4. 21MOU on car ferry route between Gwangyang Port and western Japan
  • 5. 13Investment agreement ceremony for a luxury hotel in Gwangyang Port Hinterland (East Side)
  • 6. 30Presentation on the investment environment for foreign journalists in Korea
  • 7. 7Sales agreement on the land for the construction of a luxury hotel at Gwangyang Port
  • 8. 24Investment agreement (MOU) on the Gwangyang Sepung General Industrial Complex Establishment Project
  • 8. 26IR presentation for business members of 오사카능률협회 (Japan)
  • 9. 28Final briefing session on the IR strategy establishment service for the GFEZ development project
  • 10. 18MOU on the administrative support for immigration services for foreign investment companies
  • 11. 1IR presentation for the officials of People's Government of Ganzhou (China)
  • 11. 24MOU on the establishment of an international school in Sindae District in Suncheon
  • 12. 8Review board meeting on investment for SPC of Sepung Industrial Complex
  • 12. 17MOU on Hwanggeum Industrial Complex (Phase 1)
2009
  • 3. 17Business presentation following the bid for Hwanggeum Industrial Complex Project implementation
  • 3. 25Inauguration of Baek Ok-in as the 2nd Commissioner of GFEZ Authority
  • 3. 27Seminar on seeking measures to promote the FEZ (5th anniversary of the founding of GFEZ Authority)
  • 4. 10Visit to Yulchon Industrial Complex by Minister of Knowledge Economy
  • 4. 17MOU on attracting foreign medical institutions to Sindae hinterlands
  • 4. 28Presentation on the investment environment of GFEZ in cooperation with World-OKTA
  • 5. 4MOU with 아그리알파사 Agri-Alpha
  • 6. 18Presentation on the investment environment of GFEZ for the commercial attaches of embassies in Korea
  • 7. 6Final briefing session on the AUK branch establishment survey
  • 7. 10Presentation on the investment environment for KOTRA employees dispatched overseas and IK investment specialists
  • 7. 17Business agreement with Gwangju Design Center on design development services
  • 7. 23Final briefing session on the public facility design development project for Sindae hinterlands
  • 7. 28Meeting and business agreement for supporting tenant enterprises in GFEZ
  • 8. 25STC-K CEO Program Completion Ceremony
  • 9. 10General assembly and signboard hanging ceremony for the founding of Yulchon Industrial Complex Association
  • 10. 7Business presentation for the bid for the Duwoo hinterland development project
  • 10. 9GFEZ presentation for 애그리알파사 Agri-Alpha and agricultural product distributors
  • 11. 4The 3rd Meeting of the Association of FEZ Authority Commissioners
  • 11. 6GFEZ presentation for foreign investment companies participating in FIF
  • 11. 18MOU on IR with 표성엔지니어링 Pyosung Engineering
  • 12. 3Investment agreement on moving into Yulchon ⅠIndustrial Complex
  • 12. 21Presentation on the investment environment of GFEZ for Eiwa Land Environment (Japan)
Here are our footsteps in the history of GFEZ.

We are making great strides, by taking each step with careful consideration and prudence.

2008
  • 1. 21MOU with the tenant companies in Yulchon Industrial Complex (Changwon Engineering and Daekyung Machine Technology)
  • 3. 24Ceremony commemorating the 4th anniversary of the founding of GFEZ Authority
  • 3. 25Investment agreement (MOU) with Iljin Global and completion of Jeonnam Techno Park
  • 3. 28MOU on attracting overseas specialized universities (UNLV)
  • 4. 5Completion ceremony for DS’ 1st factory in Yulchon
  • 4. 18Groundbreaking ceremony of Orient Shipyard
  • 4. 23Opening of Gwangyang Port Hwanggeum Logistics Center
  • 5. 2The 11th Korea Logistics Awards: Group Prize Award Ceremony
  • 5. 28Financial agreement with Busan Bank
  • 5. 30Presentation for the executives of the business members of the French Korean Chamber of Commerce and Industry (FKCCI)
  • 6. 12Business agreement with Korea International Trade Association (KITA)
  • 6. 13Groundbreaking ceremony of Samwoo Heavy Industry
  • 6. 18Briefing session on the commencement of the development planning services for the Yulchon Ⅱ Industrial Complex
  • 7. 3Investment agreement ceremony with Ocean Hope Shipping
  • 7. 23Groundbreaking ceremony of thick plate manufacturing plant at Gwangyang Steel Mill
  • 7. 31MOU with German Korean Chamber of Commerce and Industry
  • 9. 9Meeting with the director of the overseas trade centers of KOTRA
  • 10. 9Completion ceremony of the magnesium production building of Jeonnam Techno Park
  • 10. 31Presentation on the investment environment for the local staff of the overseas trade centers of KOTRA
  • 11. 3Completion ceremony of SNNC ferronickel plant
  • 11. 21Completion ceremony of the third plant of Nara Panel
  • 12. 18Completion ceremony of the Phase 2 project of Gwangyang Port Hinterland (East Side)
2007
  • 2. 15Bid for implementing the Hadong District Development Project
  • 2. 22MOU with Samwoo Precision Processing 삼우정공(주)
  • 3. 23Ceremony for commemorating the 3rd anniversary of the founding of GFEZ Authority
  • 5. 15Parceling-out sale agreement with Korea Automotive Trade Center
  • 6. 13Final briefing session on research services for the establishment of IR strategies
  • 6. 14Financial agreement with Woori Bank
  • 6. 18Joint IR presentation with Daeil
  • 6. 21GFEZ tour for representatives of Japanese logistics and shipping companies
  • 6. 27MOU with Orient Shipyard on investing in Yulchon Industrial Complex
  • 7. 27Completion ceremony of POSCO’s magnesium panel plant
  • 8. 7MOU signing ceremony (investment in Haeryong Industrial Complex)
    Meeting with the representatives of METRO related to LME
  • 8. 8MOU on investment for transfer of enterprises from Seoul Capital Area
  • 8. 31Investment agreement (MOA) on development of 『Daesong Industrial Complex』 in Hadong District
  • 9. 3Presentation of the business plan for Daesong Industrial Complex in Hadong District
  • 9. 6Completion of the construction of the first container berth at Gwangyang Port (Phase 3)
  • 9. 7Meeting with the CEOs of the business members of the Korea Logistics Association
  • 9. 10Opening of STC-K (international logistics college)
  • 11. 2Presentation for the local employees of the overseas trade centers of KOTRA
  • 11. 7Opening of LogisALL International Stone Logistics Center
  • 11. 21Business agreement on HR development for shipbuilding
  • 11. 23Meeting with the business members of the Korea Logistics Warehouse Association and visit by the representatives of Seoul Japan Club
  • 12. 17Agreement ceremony (industrial-academic center for the advancement of the shipbuilding industry in Gwangyang Bay area)
  • 12. 28MOU signed with the implementer of the Hadong District Development Project, groundbreaking ceremony for Sindae hinterlands, groundbreaking ceremony for entry road No. 3 to Galsa Bay
2006
  • 3. 7Launch of sea route between Gwangyang and Weihai (China) (Janggeumsang Line)
  • 3. 16Presentation for the executives and employees of domestic importers and exporters
  • 3. 24The 2nd anniversary commemoration ceremony and proclamation of 「GFEZ 2020 VISION」
    MOU on ferronickel refining plant (POSCO+SMSP)
  • 4. 19MOA on the establishment of STC-K Gwangyang Campus
  • 4. 25Approval of the action plan for the Hwayang District Development Project
  • 5. 26Completion of construction of the landfill (phase 1) of Yulchon 1st Industrial Complex
  • 6. 22MOU on the establishment of POSCO’s magnesium panel plant
  • 7. 26MOU with Chesapeake (USA)
  • 8. 8Commencement of construction of POSCO’s magnesium panel plant
  • 9. 5Commencement of construction of Aldex plant
  • 9. 13IR presentation for the executives and employees of enterprises based in Seoul Capital Area
  • 11. 15Seminar for Japanese entrepreneurs in Korea
  • 12. 13MOU with Hyundai Steel Industry
  • 12. 27MOU with Korea Automotive Trade Center
Here are our footsteps in the history of GFEZ.

We are making great strides, by taking each step with careful consideration and prudence.

2005
  • 1. 21Symposium for promotion of Hadong District Development
  • 3. 24Ceremony commemorating the 1st anniversary of GFEZ Authority
    Commencement of construction of Suncheon Haeyrong Industrial Complex (public lease)
  • 4. 6Request for approval of GFEZ Development Plan (revised) (Ministry of Finance and Economy)
  • 4. 12Commencement of GFEZ CI development services
  • 5. 25Attendance at the 2005 OECD Shipping Committee as a government representative (Commissioner)
  • 5. 26Approval of the restructuring of the organization and changes to staff size (Ministry of the Interior, 159 staff members)
  • 6. 10Groundbreaking Ceremony fo Gwangyang Port Marine Center
  • 7. 4Completion of construction of POSCO LNG Terminal
  • 7. 22Completion of GFEZ CI development
  • 7. 29Application for patent (intellectual property right) on GFEZ CI
  • 8. 3Opening of a direct route to Japan (Gwangyang~Osaka Port in Japan)
  • 8. 24Approval of the GFEZ Development Plan (revised) (Ministry of Finance and Economy) – 5 districts and 23 complexes: 90.38㎢ (27.33 million py)
  • 8. 29MOU with Korea Invention Promotion Association
  • 9. 5MOU on the construction of an international seafood distribution complex (Rabobank and Daelim Industry)
  • 9. 20Publication of GFEZ Journal
  • 10. 26Completion of construction of POSCO CTS
  • 10. 27Presentation for the business members of European Chamber of Commerce in Korea (EUCCK) and diplomats in Korea
  • 12. 30Revocation of the development service agreement with Hyundai Motor Company in relation to the Yulchon 1st Industrial Complex Establishment Project
After Opening
~2004
  • 4. 8Completion of the establishment of GFEZ development plan – 5 districts and 24 complexes, 88.98㎢ (26.91 million py)
  • 5. 14MOA with Ilsang
  • 5. 28Discussion on the measures to develop GFEZ
  • 7. 13Investment agreement for promotion of the use of Gwangyang Port and Shimonoseki Port (Japan)
  • 10. 29Completion of construction of container berths (4) at Gwangyang Port (Phase II-2)
  • 11. 9Hosting of the 12th Korea-China Shipping Association Meeting
Here are our footsteps in the history of GFEZ.

We are making great strides, by taking each step with careful consideration and prudence.

Before Opening
~Opening
  • 1. 14Presentation of the basic concept of 「Northeast Asian Business Hub」 - Press conference with Presidential address
  • 4. 4Confirmation of the master plan for 「Northeast Asian Business Hub」 - National economy advisory meeting and economic policy coordination meeting
  • 7. 29Presentation on the measures to realize 「Northeast Asian Business Hub」 (government)
  • 11. 14「Special Act on the Designation and Management of Free Economic Zones」 passed by the National Assembly
  • 12. 4Organization of the Free Economic Zone Preparation and Planning Group (Ministry of Finance and Economy, 12 members)
  • 12. 30Promulgation of 「 Special Act on the Designation and Management of Free Economic Zones 」
  • 1. 30Approval of the Free Economic Zone Preparation and Planning Group (Ministry of the Interior, 4 teams and 28 members)
  • 1. 30FEZ development planning service (Seoul Nat’l Univ. Institute of Engineering Research)
  • 2. 7Hosting of a briefing session on the initiation of the FEZ development plan (Ministry of Finance and Economy)
  • 4. 2Hosting of an interim briefing session (1st) on the FEZ development plan
  • 4. 11Commissioning of GFEZ development planning service (Korea Research Institute for Human Settlements)
  • 5. 9Hosting of an interim briefing session (2nd) on the FEZ development plan
  • 6. 12Organization and operation of a research and advisory group for GFEZ (12 members)
  • 6. 25Hosting of public presentation on the FEZ designation (Ministry of Finance and Economy)
  • 6. 30Completion of the establishment of the FEZ development plan (Ministry of Finance and Economy)
  • 7. 1Enforcement of the Special Act on the Designation and Management of Free Economic Zones
    Application for designation as FEZ (Jeollanam-do Province → Ministry of Finance and Economy)
  • 7. 31Launch of Jeollanam-do FEZ Promotion and Planning Group (12 members)
  • 8. 1Review by the Central Urban Planning Committee (Ministry of Construction & Transportation)
  • 8. 5Review by the FEZ Committee (Ministry of Finance and Economy)
  • 8. 8Request for approval FEZ Authority organization and staff size (Jeollanam-do Province → Ministry of the Interior)
  • 10. 30Designation and announcement of Busan, Jinhae and Gwangyangman Bay area as FEZ (Ministry of Finance and Economy)
  • 1. 27Approval of FEZ Authority organization and staff size (Ministry of the Interior, 158 staff members)
  • 3. 22Organization of GFEZ Board of Association (11 members)
    Inauguration of Baek Ok-in as the 1st Commissioner of GFEZ Authority
    Opening of Hadong Office
  • 3. 24Opening of GFEZ Authority Office
1100, Indeok-ro, Gwangyang-eup, Gwangyang-si, Jeollanam-do, Republic of Korea (57741) /
Phone 061-760-5114, 5223

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