INVESTMENT MERITS

OF

Jeollanamdo

Jeollanamdo

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THE LARGEST SUPPLIER OF INDUSTRIAL RAW MATERIALS

  • Gwangyang Steelworks, the world’s largest single crude steel producer with a capacity of 21 million tons per year

  •  Korea’s largest petrochemical industrial complex with an oil refining capacity of 840.000 barrels/day in conjunction with petrochemicals production of 4.14 million tons per year (based on ethylene)

  • Top-notch quality of the eco-friendly agricultural, fishery, and livestock products (Korea’s largest certified organic farming with an area of 7.936 ha, along with 90% (1.58 million tons) of the nation’s seaweed production)

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​THE MOST INEXPENSIVE INDUSTRIAL LAND

  • The burden of the initial investment is greatly reduced by creating customized industrial complexes and providing low-priced industrial sites.

※ Land price as of 2017: KRW 9.000 per m2 (about 1/5 of the average land price nationwide of KRW 50.000 per m2)

 

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THE MOST STABILIZED LABOR-MANAGEMENT IN KOREA

  • Selected first in Korea as a peaceful labor-management zone for 10 consecutive years (2008–2017)
     

  • Operating different labor-management cooperation programs to promote job security and labor productivity (14 projects)

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SKILLED EXPERTS TO MEET DIVERSE NEEDS

  • Promoting customized manpower training projects including the Industry-University Employment Package Program
     

  • 51.000 technical experts and craft workers from universities and specialist high schools each year; 40.000 college graduates and 11.000 specialist high school graduates.

  • Promoting training for company-customized human resources development projects including industrial, academic, and governmental coupling projects.

  • Jeonnam Employment Center provides real-time job information through tailored consultation.

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​ABUNDANT ELECTRICAL POWER AND INDUSTRIAL WATER

  • Electricity generation: 78.461 GWh (14.9% of nation’s electricity generation)

※ Source: Electric Power Statistics Information System (as of 2015).

  • 4 power plants including Yeonggwang Nuclear Power Plant (8.812MW/h)

  • Industrial water: Sufficient water supply from Juam Dam, Jangheung Dam, Sueo Dam, and Isacheon Stream (56 million tons/year)

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SERVING AS A TRADING HUB AMONG KOREA, CHINA, JAPAN

  • KTX: Seoul ↔ Gwangju: 1.5 hours; Seoul ↔ Mokpo: under 02 hours

  • Expressway: Seohaean Expressway (3 hours to/from Seoul); Namhae Expressway (3 hours to/from Busan)

  • Airport: Muan International Airport; Yeosu Airport; Gwangju Airport

  • International port: Gwangyang Port; Mokpo New Port

 

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A REPOSITORY OF NATURAL ENVIRONMENT

  • A rich repository in archipelagos with 2.200 islands (65% of total islands)

  • 6.400-kilometer-long ria coasts (46% of the nation’s entire coastline)

  • World’s TOP5 mudflats (42% of the nation’s total mudflat area)

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REASONS WHY GLOBAL COMPANIES CHOOSE US

  • POSCO, KEPCO, LG, Hyundai Samho Heavy Industries, Sebang, GC Pharma, GE Korea, GS Caltex, Kumho Mitsui Chemicals, LOTTE Chemical, 3M Company, Daemyung Resort, Mitsubishi, Wärtsilä Hyundai Engine, Namyang Dairy Products, and BASF

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Download Jeonnam_investment_attractiveness.pdf for more information.