Weoljeon Foreign Investment Zone

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Areas invested by foreigners at Woljeon small and medium business cooperation complexes

Current status of designation for areas invested by foreigners at Woljeon small and medium business cooperation complexes

Establishment Purpose and Characteristics

Promote investments by foreigners and the active local economy and improve an opportunity of employment

Location

In the Pyeong-dong Industrial Complex at Gwangsan-gu, Gwangju, Korea

History

Canceled as an area invested by foreigners at Pyeong-dong in May 15th, 2013, and designated as an area invested by foreigners at Woljeon small and medium business cooperation complexes

Area and Infrastructure
Site usage (thousand ㎡) Infrastructure
Total Factory site Supported site Public Site Green Site Water (thousand ton/day) Electricity (thousand kw) Communications (wired) Drainage (10 thousand ton/day)
99 99 - - - - - - -

※ Lease price in 2015: 152 won ( 1st period)/㎡- month, 250 won ( 2nd period )/㎡- month

Move-in and Employment
Classification Total Food Oil Chemicals Imperfect Metal Electronics/Electricity ShippingEquipment Machines
ResidentCompanies Total 2 - - - 1 - 1
Operating 2 - - - 1 - 1
In progress of construction - - - - - - -
Closed/Shutdown - - - - - - -
Number ofEmployees 92 - - - 45 - 47
Production Output

1.8 billion won in production and $1,500,000 in exports

Location Conditions
Transportation
Expressway : Dongnim IC on Honam Expressway [317.5 km. to Seoul (289.8 km. between Cheonan and Nonsan), 349.6 km. to Busan]
Railroad : from Songjung station on Honam line (344.1 km. to Seoul, 329.8 km. to Busan, 66.8 km. to Mokpo)
Airway : Gwangju Airport (charter flights to Seoul, Jeju, international flights), within a 50-minute drive to Muan International Airport
Port : A 90-minute drive to Gwangyang port, 80 minutes to Mokpo port, 130 minutes to Yeosu and Gunsan ports
Industrial waste : particular industrial waste
Facility Maintenance
  • Facility Maintenance Director of Waterworks Management Headquarters and Head of Mining Business Office: waterworks
  • Road Management Director of Construction Management Headquarters: road wider than 20 m.
  • Head of Gwangsan-gu Borough Office: road with a width less than 20 m. and auxiliary components of entire roads in the complex (tree-lined streets, lamp posts, parking pace, sidewalks, sewer system), greens, parks and other features
Related Parties (Organizations)
Authority Holder: Minister of the Trade, Industry, and Energy (Investment Attraction Division)
  • Address: (Zip Code 339-012) 13 Sejong Government Office, 402 Hannuridae-ro, Sejong Autonomic City (Eojin-dong)
  • Telephone number: 044)203-4085 FAX : 044)203-4712
Commissioned Management Authority : Chief Director for Southwest Region, Korea Industrial Complex Corporation
  • Address : (506-470) Hightech Center, Cheomdan 3gil 91 (Daechon-dong 958-14), Buk-gu, Gwangju Metropolitan City
  • Tel : +82-070-8895-7935 / FAX : +82-0502-286-0633

Division in Charge : Investment & Attraction Division

Contact : +82-62-613-3892