Gwangyang Bay Area Free Economic Zone (GFEZ)
Gwangyang Bay Area Free Economic Zone (GFEZ) is a Special Economic Zone located in Gwangyang-si, South Korea, established in 2003, regulated by the Gwangyang Bay Area Free Economic Zone Authority (GFEZ).
Key Facts
| Type | Special Economic Zone |
|---|---|
| Location | Gwangyang-si, South Korea |
| Year Established | 2003 |
| Area | 4000 hectares |
| Companies | 1,800 |
| Governing Authority | Gwangyang Bay Area Free Economic Zone Authority (GFEZ) |
| Status | active |
Investment Incentives
Optimal shipping logistics base in Northeast Asia, Excellent industrial infrastructure attracting global companies, Diverse transportation infrastructure (air, port, road, rail), Comfortable and pleasant living environment
Sector Focus
Gwangyang Bay Area Free Economic Zone (GFEZ) hosts businesses specialising in Manufacturing and Logistics.
About Gwangyang Bay Area Free Economic Zone (GFEZ)
GFEZ is developing into a functional chemicals and advanced new materials industry cluster based on POSCO Gwangyang Steel Mill and Yeosu National Industrial Complex. In particular, a secondary battery cluster is forming around anchor companies specializing in secondary battery materials, such as POSCO Future M. GFEZ also boasts stable industrial infrastructure and a business-friendly environment, such as Gwangyang Port, which is strategically located at the center of Northeast Asia's shipping and logistics hub. Additionally, the cultural tourism industry, which embraces the beautiful natural s...
Frequently Asked Questions
What type of zone is Gwangyang Bay Area Free Economic Zone (GFEZ)?
Gwangyang Bay Area Free Economic Zone (GFEZ) is a Special Economic Zone.
Where is Gwangyang Bay Area Free Economic Zone (GFEZ) located?
Gwangyang Bay Area Free Economic Zone (GFEZ) is located in Gwangyang-si, South Korea.
When was Gwangyang Bay Area Free Economic Zone (GFEZ) established?
Gwangyang Bay Area Free Economic Zone (GFEZ) was established in 2003.
Who regulates Gwangyang Bay Area Free Economic Zone (GFEZ)?
Gwangyang Bay Area Free Economic Zone (GFEZ) is regulated by the Gwangyang Bay Area Free Economic Zone Authority (GFEZ).
What sectors operate in Gwangyang Bay Area Free Economic Zone (GFEZ)?
Gwangyang Bay Area Free Economic Zone (GFEZ) hosts businesses in Manufacturing and Logistics.
What are the investment incentives at Gwangyang Bay Area Free Economic Zone (GFEZ)?
Optimal shipping logistics base in Northeast Asia, Excellent industrial infrastructure attracting global companies, Diverse transportation infrastructure (air, port, road, rail), Comfortable and pleasant living environment