Support Measures of Jeollabuk-do

Support Measures of Jeollabuk-do Support Type, Support Standard, Support Content, Limit
Support Type Support Standard Support Content Limit
Location Subsidy
  • difference between the normal rent of the land (sales price) and discounted rent (sales price)
    ※ Within 10 years from the initial payment date
within 50% of normal sales price within the budget
Investment Subsidy
  • construction costs, facility and equipment costs, infrastructure installation costs and etc.
    • cannot be granted together with location subsidy
within 10% of investment amount more than a billion won
※ employ coefficient application
5 billion won
※ For large-scaled investments (possible grant of location + facility) ※ within 5% of investment amount more than a billion won 1
Employment Subsidy
  • new or regular employment of more than 20 provincial residents (address on resident registration on the date of application)
a million won/month, 6 months range per person exceeding 20 1 billion won
Training Subsidy
  • new employment training of more than 20 provincial residents (address on resident registration on the date of application)
500 thousand won/month, 6 months per person exceeding 20 0.5 billion won

Jeongeup's Support Plan

Jeongeup's Support Plan Support Type, Support Standard, Support Content, Limit
Support Type Support Standard Support Content Limit
Location Subsidy
  • difference between the normal rent of the land (sales price) and discounted rent (sales price)
    ※ Within 10 years from the initial payment date
within 30% of normal sales price within 50% of normal rent within the budget
Investment Subsidy
  • construction costs, facility and equipment costs, infrastructure installation costs
    • construction costs for non-residential building
    • civil engineering structure costs (road, port, water and sewage, electricity, communications and etc.)
    • machine, gear and etc. costs among equipment investment (including research apparatus and S/W purchases)
within 2% of investment amount more than 5 billion won 2 billion won
Employment Subsidy
  • new or regular employment of more than 20 citizens of Jeongeup (address on resident registration on the date of application)
    ※ number of new employees within 3 years from the business commencement date
500 thousand won/month, 6 months per person exceeding 20 200 million won
Training Subsidy
  • new employment training of more than 20 citizens of Jeongeup (address on resident registration on the date of application)
    ※ number of new employees within 3 years from the business commencement date
100 - 500 thousand won/month, 6 months per person exceeding 20 200 million won