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Summary
Purpose Making a nice and comfortable urban environment by restructuring regional industry and grouping regional businesses
Projector/
Administrator
Mayor of Gwangju/
Buk-gu of Gwangju city (Bonchon Industrial Complex Operating Council)
Location 7§° north of Gwangju city, the neighborhoods of Yangsan-dong and Ilgok-dong, buk-gu, Gwangju
Topography & Foundation hillock and tiered area
Climate
(yearly mean)
Temperature: 13.9¡É, Precipitation: 1,458.7§®, Raining days: 133 days,
Humidity: 72% Wind speed: 2.2m/sec
Designation 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)
Project Period 1979. 8 ¢¦ 1983. 12. 31 (project costs: 9.7 billion won)
Sale Price Industrial Facilities Area: approx. 13,000 won/§³ Support Facilities Area: approx. 15,000 won/§³
Payment Method 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
On Sale Sold out
Minimum Unit
on Sale
Industrial Facilities Area: 1,653§³
 
Land Price
Postes Price Industrial Facilities Area: approx. 140,000 won/§³
Support Facilities Area: approx. 140,000 won/§³
Market Price Industrial Facilities Area: approx. 218,000 won/§³
 
Occupants
No. of
Companies
93 out of the 112 occupants are in operation
No. of
Employees
1,980 (male: 1,424, female: 559)
Production
& Exports
Production: 619.4 billion won (107.4% of the previous year)
Exports: US$58 million (113.7% of the previous year)
Business
Type
  Total Foods & Beverages Textile & fashion Timber & Pulp Petro-chemical
In Operation 93 31 5 5 3
No. of Workers 1,980 981 186 45 33
  Non-metal Basic metal Fabricated metal Electrical/ Electronics Others
In Operation 2 1 37 5 4
No. of Workers 18 23 305 340 49
Adjacencies 64,417 are working forthe 7,278 manufacturers in Gwangju
14,621 are working for 2,139 manufacturers in Buk-gu, Gwangju
 
Conditions of Location
Roads Expressway: Gwangju IC (2§°) on Honam Expressway
(324§° to Seoul, 257§° to Busan, 320.8§° to Daegu, 78.4§° to Mokpo)
National highway no. 1 (Mokpo ¡ê Gwangju ¡ê Shineuiju),
no. 13 (Wando ¡ê Gwangju ¡ê Damyang)
no. 22 (Jeongeup ¡ê Gwangju ¡ê Suncheon)
Local road no. 60 (Mokpo ¡ê Gwangju ¡ê Yangsan)
Railways Songjeong-ri station (10§°) on Honam line
(369.6§° to Seoul, 111§° to Busan, 84.8§° to Mokpo, 253.5§° to Daejeon)
Airports Gwangju Airport (7§°) (14 flight/day to Seoul, 7 flight/day to Jeju)
Muan International Airport (50§°)
Ports Gwangyang container pier (50§°), Mokpo port (55§°), Yeosu (90§°)
Mokpo port cargo handling capacity: 2,536,000 ton, cargo berth: 9 berths
Water
Supply
Water source: Hwasun Dongbok Dam
Industrial water: capacity 14,000 ton/day, use: 2,900 ton/day
Sewage¤ý
Waste Water
Gwangju waste water terminal treatment plant
Capacity: 300,000 ton/day
Electricity

Service route: New Gwangju power plant ¡æ Buk Gwangju substation ¡æ
complex substation ¡æ occupants
Capacity: voltage- 154KV, volume- 14MVA

Telecom-
munications
3,600 lines are supplied
Information Gwangju URL http://eng.gjcity.net/mainFrame.jsp
Bukgu URL http://bukgu.gwangju.kr/language/english/
Industrial Wastes commissioner
Energy
Source
-
Labor Pool 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)
 
 
 
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