Invest KOREA

■ Overview

• Period : 2010~2016 (7 years, extendible for another five years)
• Location : Southwest Coast Tourism and Leisure City Development Zone (Yeongam County in South Jeolla Province)
• Major Facilities: Circuit, pit, paddock and media center
• Budget : KRW 442.5 billion
• Expected Results : 200,000 audiences per race, induced production of KRW 257.9 billion/year, 2,570 new jobs/year

■ Promising Industries

• Tourist hotels and casinos for foreigners
• Tuning industries and parts companies