DAEJEON < invest Korea

Mecca for the R&D and Knowledge Industry

In the Daedeok INNOPOLIS, which is the largest of the five R&D zones in Korea, roughly 60.26% of the KRW 12 billion (12.7986 trillion won) government budget for R&D is invested. Here, the clusters of government-funded and corporate research institutes are established, and small and medium-sized SMEs and startups in advanced fields such as MT, BT, and ICT are actively engaged in business activity.

Center of Administration in Korea

The Daejeon Government Complex, TRADOC (Training and Doctrine Command), Logistics Command are located in Daejeon, and the Government Complex of Sejong is close to it. Daejeon is home to many central administrative agencies, including the Korea Customs Service, Public Procurement Service and the Korean Intellectual Property Office. The city offers one-stop services for various licensing to support foreign-invested companies quickly.

Foreigner-Friendly Environment

A top-class living environment for foreigners has been built in Daejeon. Daejeon Christian International School has introduced the International Baccalaureate (IB) for the first time in South Korea, and high-quality medical institutions, which are exclusive for foreigners, are located in the area. Moreover, complex-type foreign investment zones are formed within the central districts of the International Science & Business Belt to lease land to foreign-invested companies at an affordable price and actively support foreign investment promotion.

Investment Qualified Place with International Credit Rating

Daejeon is the world’s top destinations for foreign direct investment as it has received an excellent credit rating from the global leading credit-rating agencies, S&P Global Ratings, Moody's, and Fitch Group.