On February 10, Gyeonggi Province hosted the “Investment Attraction Roundtable” with representatives of foreign-invested companies to disc...
On February 10, Gyeonggi Province hosted the “Investment Attraction Roundtable” with representatives of foreign-invested companies to discuss strategies for economic recovery and sustainable growth.
The event brought together key players, including Shinsegae Simon, Shinsegae Property, ESR Kendall Square, and Skyworks Solutions, among others. In total, nine foreign-invested companies participated in the discussions.
With participating companies accounting for a combined planned investment of KRW 246.2 billion in Gyeonggi Province, along with ongoing investment projects, the roundtable served as an opportunity to reaffirm the province’s commitment to ensuring seamless execution of investment plans and fostering a stable business environment.
During the meeting, a Gyeonggi Province official emphasized the importance of collaboration between the public and private sector, stating, "Now is the time for all stakeholders to come together. We will spare no effort in providing the necessary support to encourage corporate investment."
What makes Gyeonggi Province an attractive destination for investment?
Let’s explore its potential together!
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The Heart of Korea’s Economy, the Hub of Global Investment: Gyeonggi Province
Gyeonggi Province is the Republic of Korea’s largest local government, boasting a vast market of 14.15 million people and a world-class industrial ecosystem.
✅ A Global Hub for Advanced Industries
- Home to leading semiconductor giants such as Samsung Electronics and SK Hynix
- A center for IT, BT, and CT industries, with Pangyo Techno Valley at its core
- Focused development in three key high-tech sectors: semiconductors, biotechnology, and future mobility
✅ Ideal Conditions for Future Growth
- A massive market of 14.15 million residents with strong purchasing power and a highly skilled workforce
- Strategic logistics hubs including Incheon International Airport and Pyeongtaek Port, facilitating Northeast Asian trade
- RE100 initiatives enhancing carbon neutrality competitiveness for global corporations
✅ Innovation and Growth Infrastructure
- Development of AI-driven smart cities and knowledge industry belts
- Business-friendly regulatory improvements and customized investment incentives
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Investment Support Offered by Gyeonggi Province
Gyeonggi Province is committed to supporting the successful establishment and growth of foreign-invested companies. In particular, it provides enhanced support for emerging industries and high-tech sectors, encouraging global enterprises to make innovative investments
[Foreign Investment Incentives]
- Tax Reduction: Up to 15 years of tax exemptions
- Site Support: Land lease available for up to 50 years (renewable every 10 years)
- Cash Grants: Negotiable support based on investment scale and impact
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Foreign-Invested Company Complexes in Gyeonggi Province
Gyeonggi Province provides exclusive lease complexes for foreign-invested companies in eight locations, including the cities of Pyeongtaek, Hwaseong, and Paju. These complexes offer long-term leases of up to 50 years, low rental fees at just 1% of the development cost, and various tax incentives to ensure a stable business environment for foreign investors.
Currently, seven companies have moved in, achieving a high occupancy rate of 78.2%.
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Going forward, Gyeonggi Province is committed to fostering economic growth by supporting businesses and encouraging investment.
Stay tuned for more updates on our journey to prosperity!
------------------------------------------------------------------------------------------------
Explore More! For more travel inspiration and information about Korea, visit the Gyeonggi Province Blog, where we share weekly articles on various topics for international visitors. Dive into the wonders of Korea and plan your next adventure with us! https://www.gyeonggido-korea.com/
With participating companies accounting for a combined planned investment of KRW 246.2 billion in Gyeonggi Province, along with ongoing investment projects, the roundtable served as an opportunity to reaffirm the province’s commitment to ensuring seamless execution of investment plans and fostering a stable business environment.
During the meeting, a Gyeonggi Province official emphasized the importance of collaboration between the public and private sector, stating, "Now is the time for all stakeholders to come together. We will spare no effort in providing the necessary support to encourage corporate investment."
What makes Gyeonggi Province an attractive destination for investment?
Let’s explore its potential together!
The Heart of Korea’s Economy, the Hub of Global Investment: Gyeonggi Province
Gyeonggi Province is the Republic of Korea’s largest local government, boasting a vast market of 14.15 million people and a world-class industrial ecosystem.
✅ A Global Hub for Advanced Industries
- Home to leading semiconductor giants such as Samsung Electronics and SK Hynix
- A center for IT, BT, and CT industries, with Pangyo Techno Valley at its core
- Focused development in three key high-tech sectors: semiconductors, biotechnology, and future mobility
✅ Ideal Conditions for Future Growth
- A massive market of 14.15 million residents with strong purchasing power and a highly skilled workforce
- Strategic logistics hubs including Incheon International Airport and Pyeongtaek Port, facilitating Northeast Asian trade
- RE100 initiatives enhancing carbon neutrality competitiveness for global corporations
✅ Innovation and Growth Infrastructure
- Development of AI-driven smart cities and knowledge industry belts
- Business-friendly regulatory improvements and customized investment incentives
------------------------------------------------------------------------------------------------
Investment Support Offered by Gyeonggi Province
Gyeonggi Province is committed to supporting the successful establishment and growth of foreign-invested companies. In particular, it provides enhanced support for emerging industries and high-tech sectors, encouraging global enterprises to make innovative investments
[Foreign Investment Incentives]
- Tax Reduction: Up to 15 years of tax exemptions
- Site Support: Land lease available for up to 50 years (renewable every 10 years)
- Cash Grants: Negotiable support based on investment scale and impact
Foreign-Invested Company Complexes in Gyeonggi Province
Gyeonggi Province provides exclusive lease complexes for foreign-invested companies in eight locations, including the cities of Pyeongtaek, Hwaseong, and Paju. These complexes offer long-term leases of up to 50 years, low rental fees at just 1% of the development cost, and various tax incentives to ensure a stable business environment for foreign investors.
Currently, seven companies have moved in, achieving a high occupancy rate of 78.2%.
------------------------------------------------------------------------------------------------
Going forward, Gyeonggi Province is committed to fostering economic growth by supporting businesses and encouraging investment.
Stay tuned for more updates on our journey to prosperity!
------------------------------------------------------------------------------------------------
Explore More! For more travel inspiration and information about Korea, visit the Gyeonggi Province Blog, where we share weekly articles on various topics for international visitors. Dive into the wonders of Korea and plan your next adventure with us! https://www.gyeonggido-korea.com/
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