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Korean Free Economic Zone
Korea Free Economic Zones (KFEZ) are designated to strengthen national competition for businesses and promote balanced regional development by improving living conditions and business environments for foreigners in South Korea. Korea's economic zone planning office is in charge of this project. The Korean government provides a variety of tax benefits for foreign firms and foreigners, as well as a simpler regulatory regime, a favorable living environment and swift administrative services. KFEZ endeavors to establish economic and social institutions that lead global trends and provide a variety of incentives. In 2021, Foreign direct investment, Foreign Direct Investment in FEZ upraised 42%, receiving $1.31 billion. Manufacturing sector leads foreign investment, followed by service segment, such as logistics and research and development. The European Union led the investment in the FEZ of South Korea. Currently the EPZ is under control of Bangladesh - Canada joint venture. Mr. R Mehdi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
South Korea
South Korea, officially the Republic of Korea (ROK), is a country in East Asia, constituting the southern part of the Korea, Korean Peninsula and sharing a Korean Demilitarized Zone, land border with North Korea. Its western border is formed by the Yellow Sea, while its eastern border is defined by the Sea of Japan. South Korea claims to be the sole legitimate government of the entire peninsula and List of islands of South Korea, adjacent islands. It has a Demographics of South Korea, population of 51.75 million, of which roughly half live in the Seoul Capital Area, the List of metropolitan areas by population, fourth most populous metropolitan area in the world. Other major cities include Incheon, Busan, and Daegu. The Korean Peninsula was inhabited as early as the Lower Paleolithic period. Its Gojoseon, first kingdom was noted in Chinese records in the early 7th century BCE. Following the unification of the Three Kingdoms of Korea into Unified Silla, Silla and Balhae in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Donghae City
Donghae () is a city in Gangwon Province, South Korea. There are two major ports: Donghae Harbor and Mukho Harbor. The city is located on the Yeongdong Line railroad and the Donghae Expressway. Numerous caverns are found in the city, as in neighboring Samcheok. Hanzhong University was located here. Location Donghae City is located in the central region of the east coast of Korea in Gangwon-do. Jeongseon county to the west and Gangneung city to the north. It contains the southern terminus of the Donghae Expressway, and the No. 7 national way passes through the city. The city is mostly mountainous and has natural resources such as Mureung Valley and beautiful beaches. Here, the high Taebaek Mountains lie along the eastern coast, preventing rivers from meeting the coast. However, in the rainy season, spontaneous water flow is possible. Climate Symbols * Tree: Gingko tree * Flower: Red Prumusumume * Bird: Seagull Free Industry zone Donghae area and its neighborhood are a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
East Coast Free Economic Zone
The Korean East Coast Free Economic Zone or East Coast FEZ is a 4.47 km2 economic zone on development, located in the Gangwon-do's East Coast area into the center of the Pan-East Coast economic belt. The FEZ is focused on advanced green materials industries, global tourism, and leisure industries. In 2013, The Ministry of Trade, Industry and Energy of Korea launched the development plan. The total cost of the project has been 807.05 billion won and is aimed to be built between 2013 and 2024. The East Coast FEZ is composed by three districts in the East Coast Port Area: Guho-dong and Mangsang-dong of Donghae_si, Okgye-myeon of Gangneung_si. Investments In 2021, the East Coast received $100 million in Foreign Direct Investment. In January 2022, the chairman of the Philippines' LCS Group Luis Chavit Singson announced a $100 million investment plan in a residential, commercial, and resort development project in the Mangsang District 1, highlighting its geographically and str ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chungcheongbuk-do
North Chungcheong Province ( ko, 충청북도, ''Chungcheongbuk-do''), also known as Chungbuk, is a province of South Korea. North Chungcheong has a population of 1,578,934 (2014) and has a geographic area of located in the Hoseo region in the south-center of the Korean Peninsula. North Chungcheong borders the provinces of Gyeonggi and Gangwon to the north, North Gyeongsang to the east, North Jeolla to the south and South Chungcheong, Sejong Special Autonomous City and Daejeon Metropolitan City to the west. Cheongju is the capital and largest city of North Chungcheong, with other major cities including Chungju and Jecheon. North Chungcheong was established in 1896 from the province of Chungcheong, one of the Eight Provinces of Korea, consisting of the northeastern half of the territory, and is South Korea's only landlocked province. North Chungcheong was known as Chūsei-hoku Prefecture during the Japanese Colonial Period from 1910 and became part of South Korea following the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chung Buk Free Economic Zone
The Chungbuk Free Economic Zone (CBFEZ) is a Free Economic Zone in Chungcheongbuk-do, South Korea. It includes the cities of Chungju and Cheongju. The zone was announced on February 14, 2013. Location Chungbuk Free Economic Zone is a central transport hub in South Korea. Cheongju International Airport is located there. Investment Incentives Chungbuk is one of eight Free Economic Zones established to attract foreign investment. The Korean government has created investment incentives such as tax breaks for foreign companies, relaxed labor regulations and investment subsidies. The Korean government describes CBFEZ as having "the most optimized access to the nation". The entire country is within 2 hours by train.Aeropolis Project Overview , Chungbuk Free Economic Zone Authority Projects The Chungb ...[...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gyeongsangbuk-do
North Gyeongsang Province ( ko, 경상북도, translit=Gyeongsangbuk-do, ) is a province in eastern South Korea. The province was formed in 1896 from the northern half of the former Gyeongsang province, and remained a province of Korea until the country's division in 1945, then became part of South Korea. Daegu was the capital of North Gyeongsang Province between 1896 and 1981, but has not been a part of the province since 1981. In 2016, the provincial capital moved from Daegu to Andong. The area of the province is , 19.1 percent of the total area of South Korea. Geography and climate The province is part of the Yeongnam region, on the south by Gyeongsangnam-do, on the west by Jeollabuk-do and Chungcheongbuk-do Provinces, and on the north by Gangwon-do Province. During the summer, North Gyeongsang Province is perhaps the hottest province in South Korea. This is helped by the fact that the province is largely surrounded by mountains: the Taebaek Mountains in the east and the S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Daegu
Daegu (, , literally 'large hill', 대구광역시), formerly spelled Taegu and officially known as the Daegu Metropolitan City, is a city in South Korea. It is the third-largest urban agglomeration in South Korea after Seoul and Busan; it is the third-largest official metropolitan area in the nation with over 2.5 million residents; and the second-largest city after Busan in the Yeongnam region in southeastern Korean Peninsula. It was overtaken by Incheon in the 2000s, but still it is said to be the third city, according to the "Act on the Establishment of Daegu City and Incheon City" (Act No. 3424 and April 13, 1981). Daegu and surrounding North Gyeongsang Province are often referred to as Daegu-Gyeongbuk, with a total population over 5 million. Daegu is located in south-eastern Korea about from the seacoast, near the Geumho River and its mainstream, Nakdong River in Gyeongsang-do. The Daegu basin is the central plain of the Yeongnam List of regions of Korea, regio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jeollabuk-do
North Jeolla Province (; ''Jeollabuk-do''), also known as Jeonbuk, is a province of South Korea. North Jeolla has a population of 1,869,711 (2015) and has a geographic area of 8,067 km2 (3,115 sq mi) located in the Honam region in the southwest of the Korean Peninsula. North Jeolla borders the provinces of South Jeolla to the south, North Gyeongsang and South Gyeongsang to the east, North Chungcheong to the northeast, and South Chungcheong to the north. Jeonju is the capital and largest city of North Jeolla, with other major cities including Iksan, Gunsan, and Jeongeup. North Jeolla was established in 1896 from the province of Jeolla, one of the Eight Provinces of Korea, consisting of the northern half of its mainland territory. History During the Proto-Three Kingdoms period, Jeolla region was the center of the Mahan confederacy among Samhan. There were 15 tribal countries out of 54 in the region. During the period of the Three States, this region came to belong to Baekje w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Foreign Direct Investment
A foreign direct investment (FDI) is an investment in the form of a controlling ownership in a business in one country by an entity based in another country. It is thus distinguished from a foreign portfolio investment by a notion of direct control. The origin of the investment does not impact the definition, as an FDI: the investment may be made either "inorganically" by buying a company in the target country or "organically" by expanding the operations of an existing business in that country. Definitions Broadly, foreign direct investment includes "mergers and acquisitions, building new facilities, reinvesting profits earned from overseas operations, and intra company loans". In a narrow sense, foreign direct investment refers just to building new facility, and a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. FDI is the sum of equity capital, long-term capital, and short-term capital ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gyeonggi-do
Gyeonggi-do (, ) is the most populous province in South Korea. Its name, ''Gyeonggi'', means "京 (the capital) and 畿 (the surrounding area)". Thus, ''Gyeonggi-do'' can be translated as "Seoul and the surrounding areas of Seoul". Seoul, the nation's largest city and capital, is in the heart of the area but has been separately administered as a provincial-level ''special city'' since 1946. Incheon, the nation's third-largest city, is on the coast of the province and has been similarly administered as a provincial-level ''metropolitan city'' since 1981. The three jurisdictions are collectively referred to as '' Sudogwon'' and cover , with a combined population of 25.5 million—amounting to over half of the entire population of South Korea. History Gyeonggi-do has been a politically important area since 18 BCE, when Korea was divided into three nations during the Three Kingdoms period. Ever since King Onjo, the founder of Baekje (one of the three kingdoms), founded the governm ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chungcheongnam-do
South Chungcheong Province ( ko, 충청남도, ''Chungcheongnam-do''), also known as Chungnam, is a province of South Korea. South Chungcheong has a population of 2,059,871 (2014) and has a geographic area of 8,204 km2 (3,168 sq mi) located in the Hoseo region in the southwest of the Korean Peninsula. South Chungcheong borders the provinces of Gyeonggi to the north, North Chungcheong, Sejong Special Autonomous City, and Daejeon Metropolitan City to the east, and North Jeolla to the south. Hongseong County is the capital and Cheonan is the largest city of South Chungcheong, with other major cities including Asan, Seosan, and Dangjin. Daejeon was the largest city of South Chungcheong until becoming a Metropolitan City in 1989, and the historic capital until the provincial government was relocated to Hongseong in 2012. South Chungcheong was established in 1896 from the province of Chungcheong, one of the Eight Provinces of Korea, consisting of the southwestern half of the terri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
