Invest KOREA

Project Overview

• Location : Around San 48-12, Chuam-dong, Donghae-si, Gangwon-do
• Project Area : 598,964㎡
• Project Budget : KRW 125.3 billion (Construction cost KRW 43 billion)
• Lot price : KRW 327,258/㎡
• Business to attract : Metal Processing Item Manufacturing /Electronics PartsㆍTelecommunications Device Manufacturing, etc.
• Implemented by :GS Donghae Electric Power

Locational Condition

• Location : In close proximity to Bukpyeong National Industrial Complex and Donghae Free Trade Zone
• Accessibility (Transportation Infrastructure) : Excellent transportation and logistics condition due to proximity to Donghae port and Donghae station (within 1㎞)
• Nearby tourism site : In close proximity to Chuam Beach (Within 1㎞)

Development Concept

• Contribute to revitalization of local economy and job creation by attracting manufacturing businesses to a general industrial area
• Section 1(551,535㎡), Section 2 (47,429㎡)
• Land for industrial facilities:319,207㎡, Land for commercial facilities:12,048㎡, Land for support facilities:57,089㎡

Land Status

• Private land (GS Donghae Electric Power)

Incentives

• Support Gangwon-do and Donghae-si SMEs promotion funds
• Support local investment promotion subsidy
• Reduction in acquisition tax and property tax

Expected results

• Contribute to revitalization of local economy and job creation by attracting excellent companies

• General information about Donghae-si

  • Area : 180.20㎢
  • Population : 90,548
• Investment advantages
  

  • Close to Donghae port and Donghae station
  • Good accessibility to Yangyang Airport