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Investment Information

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Gwangyan Port Hinterland Complex (west side)

  • Location: Hwanggil-dong area, Gwangjuyang City, Jeollanamdo
  • Area: 929.828㎡
  • Type of Tenancy: Rental
  • Rental Period: 50 years (Paragraph 3, Article 17 of Act on Designation and Operation of Free Economic Zone)

    ※ Renewable for every 3 years after initial contract

  • Rent: Applied differentially according to the qualification of tenant company
    • ※ Based on Public Notice No. 2010-700 (Jul 30, 2010) "Rent of the Government Owned Port Hinterland Complex and Building of the Port Free Trade Zone published by (Former) Ministry of Land, Transport and Maritime Affairs' and amended recently by the Public Notice No. 2013-245 (Jul 30, 2013) published by Ministry of Maritime Affairs and Fisheries
    Rent:
    Port Condition Rent Applied Period
    Gwangyang Port Hinterland Complex Basic Rent ·The company dedicated in the tenant business according to Article 10 of「Free Trade Zone Act」(except the preferential rent application subject) monthly 258 won/㎡ 3 years
    Preferential Rent ·The company dedicated in logistic business according to Paragraph 1 and 5, Article 10 of「Free Trade Zone Act」 monthly 129 won/㎡
    Official Land Price andRent · The company, which has not carried out according to the initial tenant purpose among the tenant companies Official land price X 50/1,000(National Property Act -annual))
    • ※ To be applied from Jul 30, 2014
    • ※ Rent shall be collected annually in advance from the date of rental contract
  • Rent Reduction
    Rent Reduction
    Port Condition Rent Applied Period
    Apply Rent Reduction Reduction · In the event that the foreign investment amount is $5 million or more 50% for 3 years Each period
    · In the event that the foreign investment amount is $10 million or more 50% for 5 years
  • Guarantee Deposit
    • Guarantee deposit: Retal area (㎡) × 3,000 won
    • Business performance Deposit: Amount corresponded to 5% of total business expense
  • Tenant Procedure (Performed in Yeosu-Gwangyang Port Corporation)
    • Public notice for tenant comapny → Submit business plan → Compose the evaluation council → Evaluate → Select the tenant company → Tenant permit → Enter into rental contract
  • Qualification for application
    • Corporation dedicated in the business in accordance with No.1 or No. 3, Paragraph 1, Article 10 of “Act on Designation and Operation of Free Trade Zone” and Paragraph 1 or 4, Article 7 of the Enforcement Ordinance of same Act
    • Preferential treatment shall be granted the domestic and overseas logistic companies dedicated in the transportation, storage, unloading, etc. and the processing, assembling, sorting, repairing, packing, attaching the trademark, information and communication businesses creating the value added related to them
    • The manufacturing businesses having main purpose of exportation
      • The manufacturing business having 50% or more of the previous year's proportion of export
    • Manufacturing business invested by the foreigners
  • Layout of Gwangyang Port Hinterland Complex
    광양항배후단지배치도
  • Gwangyang Port West side Hinterland Layout
    광양항서측배후단지배치도
  • Area and Application Business by Tenant Subject Site
    Area and Application Business by Tenant Subject Site
    Description Site Area(㎡) Tenant Subject Business
    Total 929,828 -
    Combined Logistic 312,106 · Logistic business such as transport, warehouse business, etc.
    Japanese Company 209,831 · Strategic attraction (Japanese companies)
    Marine Plant 128,702 · Plant-related businesses such as marine plant, logistic equipment, etc
    Foods business 279,189 · Related businesses such as Refrigerator-freezer warehouse, low temperature warehouse, etc

Yulchon Industrial Complex No.1 (2 blocs)

  • Location: Surrounding areas of Yeodong-li, Yulchon-myeon, Yeosu City and Sepung-li, Gwangyang-eup, Gwangyang City, Jeollanam-do
  • Area: 920,681㎡
  • Tenant type: Distribution
  • Distribution price: monthly 139,226/㎡
  • Tenant Business: Warehouse and transport-related service business, other transportation equipment manufacturing business, primary metal manufacturing businessElectronic component, video, audio and communication equipment manufacturing business. metal processing product manufacturing business
  • Tenant Procedure
    • Discuss the possibility of tenancy(Gwangyangman Free Economic Zone Office)⇒Submit business plan (company having intention to moving in)⇒ Prepare the review report (PM in charge)⇒ Review and resolve by the investment attraction council⇒ Entering into contract
  • Yulchon Industrial Complex No.1 Layout
    율촌1산단 2블록 배치도
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