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Development Plan

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Current Status

  • Location: Gwangyang Bay Free Economic Zone (Whole area of Chunnam Yeosu, Suncheon, Gwangyang)
    • Yulchon 1-2 Industrical Complex, Yulchon Free Trade Zone, Haeryong Industrial Complex, Sepoong Industrial Complex, Hwanggeum Industrial Complex
  • Area : 20.18㎢
    • ※ Project Period : 1994 ~ 2015

Development Goal

  • Establishment of related industry cluster by attracting mechanical, metal industry and promising SMEs
  • Attraction of leading companies relevant to shipbuilding, offshore plant industry and hot coiled steel plate
  • ※ Domestic investment enterprise
    • Domestic enterprise: Hyundai Hysco, SPP Yulchon Energy, Samwoo Heavy Industries, Hyundai steel Industry, etc.
    • Foreign enterprise: SNNC, LTI, Chesapeake, MPC Yulchon Electricity, etc.

Target industry

  • Steel, parts material, mechanical equipment, primary metal, metal processing product, nonferrous mineral manufacturing business
  • Other transportation equipment, other machinery and equipment manufacturing business
  • Electronic parts, electrical equipment manufacturing, medical, precision, optical device and time piece manufacturing business
  • Shipbuilding offshore plant industry (shipbuilding yard and shipbuilding equipments)
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