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- Guide of Investment

- Investment Conditions
Transportation Hub
- Airport: Gunsan 45km (40min.), Gwangju 85km (60min.), Incheon International 301km (170min.).
- Rail: Honam Line Jeongeup Station (within five minutes of the industrial complex), Sintaein Station (within 15 minutes).
- Land Routes: Honam Highway IC (3), West Coast IC (within 15 minutes), four national roads.
- Sea Routes: Gunsan New Port 50km (docking capacity of 37 ships. Maximum of 100,000 tons. Loading and unloading 34,670 thousand tons per year).
Adjacent Area Industrial Conditions
- Emerging as the new knowledge oriented industrial complex of 21C, the west coast era (Jeollabuk-do).
- - Designated automotive part and machine industries strategic business (the MOCIE).
- - Established Automotive Part Concentration Complex and Part Renovation Center (Gunsan).
- - Established Machine Industry Research Center & Bio Venture Company Support Center (Jeonju)
Advanced Radiation Application Research Center(to be completed in 2005)
- Area: 138 thousand pyeong (\47.7 billion / Korea Atomic Energy Research Institute, supported by Jeongeup City).
- Major Facilities: Ten different facilities for the application of advanced radiation and test farming.
- Scope of Application: Crop breeding, new materials, radiated food, bio engineering industry, the environment,
diagnosis and treatment of cancer, and development of equipment, etc.
Other Conditions
- Only one single labor/management conflict has occurred in the past five years.
We support peaceful labor/management relationships and conflict resolution.
- Abundant Engineering Resources: Jeonbuk Science College, Korea Foundation of Polytechnic Colleges,
vocational high schools, etc (produces 2,400 graduates a year).
- Abundant supply of good quality industrial water: Maximum 90 thousand tons (35 thousand tons /day)
- Lower wage compared to others regions: Less than 12 million won a year (16.4 in Jeonnam, 18 in Ulsan)
- Mt. Naejang National Park, Taein Country Club 24 holes, Seomjin River Dam
- Various cultures, including Baekjegayo Jeongeupsa, Confucian culture of Sangchungok, Jeollawudonongak, etc.