Invest KOREA

Project overview

• Location : Around 1098, Bongmyeong-ri, Dongsan-myeon, Chuncheon-si
• Development Area : 538,575
• Facilities to be introduced : Manufacturing industries of F&B, drink, medical, electricity, gas, chemical, and electrical equipment
• Organized by : Bongmyeong Techno Valley

Locational condition

• The optimal infrastructure for strategic industries ITㆍBTㆍCT : Chuncheon Bio Industry Foundation (60 companies), Gangwon Information & Multimedia Corporation(40 companies)
• Abundant and diverse skilled workforce : 6 universities / About 3,000 students enrolled
• Accessibility (transportation infrastructure) : Gangil IC 38 minutes, ITC-Chungchun train Yongsan 60 minutes, Joyang IC 3 minutes

Development Concept

• Strategic industries: Creation of industrial complex concentrated on ITㆍBTㆍCT
• Medical· Medicine, New and Renewable energy, etc.

Land status

• Land for industrial facilities : 307,879㎡ - building coverage 80%, floor area ratio 350%, 5 (50m) floors or less
• Land for support facilities : 15,343㎡ - building coverage 80%, floor area ratio 350%, 4 (15m) floors or less
• Land for public facilities : 110,576㎡ / Parkㆍgreen areas : 104,777㎡
• Purpose area : urban areas / manufacturing area/ general manufacturing area(100%)

Incentives

• Location subsidy up to 40%, Facility investment subsidy up to 14%, Up to KRW 13.3 billion
  ※ When operated the manufacturing business for 3 or more years
• Logistics subsidy (50%, KRW 100 million), Commute bus operation subsidy(50%, KRW 30 million)
• Jeonse deposit special support (KRW 100 million~200 million), SMEs development fund (KRW 20 billion) investment, etc.

Expected results

• Revitalize local economy with construction of factory facilities, etc.
• Job creation, tax revenue expansion by attracting companies, etc.

• General Information about Chuncheon-si

  • Area : 1,116k㎡
  • Population : 290,000
  • Characteristics: Beautiful natural environment, pleasant tourism, leisure, abundant education and culture infrastructure
• Investment advantages
  

  • Convenient and fast accessibility
  • Immediately available for construction
  • Affordable prices : 600,000/3.3㎡
  • Infrastructure installation completed : Waterworks (11,585㎥/day), wastewater treatment facility (650㎥/day), gas