1975. 2.18 notification of the Industrial Zone Urban Plan
1979.10.24 designated as Local Industrial Development Promotion Area
(Ministry of Construction & Transportation Notification No. 134)
Installment payment over 5 years after 2 years grace period
Move-in
Procedures
sold out (moving-in report by administrating institute)
Available
sold out (immediately)
Documents
Moving-in stage: application form for moving-in, business plan, transfer
(lease) statement, certified copy of corporate register book,
transfer agreement, a certificate copy of corporate seal
impression, an act of the board of directors
Application &
Contact Points
Gwangju: Economy & Trade Office, Industrial support division
Address 1200 Chipyeong-dong seo-gu, Gwang-ju [502-702], Korea
Tel: +82-62-613-3823,4081 FAX +82-62-613-3729
Administrater: Bonchon Industrial Complex Operating Council
Service Area
Service Land
Total Size: 937,000 §³
¡¡ - Industrial Facilities Area: approx. 763,000 §³
¡¡ - Public Facilities Area: 137,000 §³
¡¡ - Green Zone: 37,000 §³
For Sale
Total Size: 937,000 §³
¡¡ - Industrial Facilities Area: approx. 763,000 §³
¡¡ - Public Facilities Area: 137,000 §³
¡¡ - Green Zone: 37,000 §³
In the vicinity, Gwangju has 1,402,000 population (male 696,000, female 706,000)
Education: 59,823 students in 70 middle schools, 58,443 students in 58 high
schools, 42,254 students in 7 colleges, 89,264 students in 9
universities
Training institutes: 17,096 students in 13 vocational high schools, 1,597
students in 4 special schools by Gwangju Institute of
Science & Technology
Children: 213 kindergartens can care 14,936 kids
Wage
Monthly average wage (Total) : approx. 1.24 million won
Industrial Relations
Three labor unions
Markets & Logistics
Materials supply: 50 places at Hanam-ro, Unam, 3§° away
Complex cargo terminal: cargo terminal nearby the Hanam local industrial complex
Markets: 2 regular markets, 43 standing markets, 23 large-scaled retailers
Adminis-
trative
Agencies
& Banks
share sources and facilities in Gwangju
Facilities
Medical: 2 general hospitals, 8 hospitals, 1 special hospital, 213 clinics, 117
dental clinics and 58 oriental hospitals, 1 public health center
Households: 140,885 housholds of apartment (house supply rate: 92.7%)
- Market price: a 79,3§³ apartment (50 million won for leasing on a
deposit basis (Jeonse), 80 million won for sale)
Others: 3 tourist hotels, 10 golf driving ranges
Regional Economy
With Gwangju High Tech Industrial Complex and Hanam Local Industrial Complex, the area makes a nice place for industrial activities
(Buk-gu's financial independence: 29.9%)
Occupant Qualification
Business Type
Foods, fabricated metal, textile products, timber & wood products, chemical products, non-metal and others
Qualifications
Exporters, foreign-invested companies, SME and affiliates, regional specialization businesses and other local society developing industries
Restrictions
Any business that emits too much of pollutants
Occupancy Benefits
Breaks
Full exemption of acquisition tax¤ýregistration tax
50% reduction of property tax¤ýaggregate land tax for five years (within 5 years since first acquisition)
Financial Support
Gwangju SME support financing
[Contact: Gwangju industrial support division +82-62-606-3252]
¡¡ - Support business: automation, information, technology R&D, start-ups,
business conversion, small business nurturing,
¡¡ - Supporting conditions: 1 billion won in facilities fund and 0.3
operating fund at floating annual interest of 4.92%
¡¡ - Loan: facilities fund, 5 year installment repayment with three year grace period,
operation fund, 2 year installment repayment with a year grace period
Supervised by(Contact) : Industry and Employment Division(+82-62-613-3823)