INVESTMENT MERITS
OF
Jeollanamdo
Jeollanamdo
THE LARGEST SUPPLIER OF INDUSTRIAL RAW MATERIALS
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Gwangyang Steelworks, the world’s largest single crude steel producer with a capacity of 21 million tons per year
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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)
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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)
THE MOST INEXPENSIVE INDUSTRIAL LAND
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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)
THE MOST STABILIZED LABOR-MANAGEMENT IN KOREA
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Selected first in Korea as a peaceful labor-management zone for 10 consecutive years (2008–2017)
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Operating different labor-management cooperation programs to promote job security and labor productivity (14 projects)
SKILLED EXPERTS TO MEET DIVERSE NEEDS
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Promoting customized manpower training projects including the Industry-University Employment Package Program
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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.
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Promoting training for company-customized human resources development projects including industrial, academic, and governmental coupling projects.
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Jeonnam Employment Center provides real-time job information through tailored consultation.
ABUNDANT ELECTRICAL POWER AND INDUSTRIAL WATER
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Electricity generation: 78.461 GWh (14.9% of nation’s electricity generation)
※ Source: Electric Power Statistics Information System (as of 2015).
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4 power plants including Yeonggwang Nuclear Power Plant (8.812MW/h)
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Industrial water: Sufficient water supply from Juam Dam, Jangheung Dam, Sueo Dam, and Isacheon Stream (56 million tons/year)
SERVING AS A TRADING HUB AMONG KOREA, CHINA, JAPAN
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KTX: Seoul ↔ Gwangju: 1.5 hours; Seoul ↔ Mokpo: under 02 hours
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Expressway: Seohaean Expressway (3 hours to/from Seoul); Namhae Expressway (3 hours to/from Busan)
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Airport: Muan International Airport; Yeosu Airport; Gwangju Airport
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International port: Gwangyang Port; Mokpo New Port
A REPOSITORY OF NATURAL ENVIRONMENT
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A rich repository in archipelagos with 2.200 islands (65% of total islands)
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6.400-kilometer-long ria coasts (46% of the nation’s entire coastline)
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World’s TOP5 mudflats (42% of the nation’s total mudflat area)
REASONS WHY GLOBAL COMPANIES CHOOSE US
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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
Download Jeonnam_investment_attractiveness.pdf for more information.