14 Invest Here North Gyeongsang Province: The Place for Your Success orth Gyeongsang Province and POSCO have already been doing business • Airports has been playing a pivotal in the province, and officials there strive to - Intl. airports: Daegu and Busan Intl. role in the economic achieve- make it the ideal destination for business and Airports ment of Korea for the last 40 investment by providing various incentives, - Domestic Airport: Daegu/Busan/Pohang years. It has grown into a including cash grants, tax breaks and subsi- Airports Nwellspring of profit-maximizing businesses dies for land and facilities. • Ports and is now ready to invite more enterprises to - Youngilman Port in Pohang, 6,000 TEU its business-friendly environment and with its North Gyeongsang Province will continue - Busan Port, the world’s 4th largest, acces- supportive policies. to do its utmost to serve as a powerful driving sible within 60 min. force of the Korean economy as well as the The industrial complexes in the province global economy. Business opportunities Sites Available have been strategically formed to benefit from abound in the province, which aims to • About 90 industrial complexes available, the area’s geographical advantages, techno- achieve success together with investors. including logical efficiency, research capabilities and - Foreign Investment Zone (Gumi) easy recruitment. Overview - Parts and materials exclusive complex • Location: Southeast Korea (within 170- (Gumi, Pohang) The most distinguished industries are dis- 430 km of Seoul) - DGFEZ (Gumi, Pohang, Gyeongsan, play & IT in Gumi, steel manufacturing in • Area: 19,028 km2 Yeongcheon) Pohang, automotive in Youngcheon and • Terrain: Mountainous and high altitudes • Major sites in development Gyeongju and the East Energy Cluster in the to the north, great basin to the south - 5th National Industrial Complex (Gumi) coastal areas, reflecting the region’s emphasis • Population: Approx. 3 million - Free Trade Zone (Pohang) on sustaining green growth with low carbon emissions. Convenient Transportation Investment Promotion Office • Ground (rail and expressways) Province of Gyeongsangbuk-do Foreign direct investment into the province - 7 railways and 97 stations for cargo han- 40 Yeonam-ro, Buk-gu, Daegu, Korea 702-702 reaches USD 8.0 billion due to superb dling Tel: +82-53-950-2175 Fax: +82-53-950-2178 SOC/infrastructure and, more significantly, a - Seoul accessible within 99 min. by KTX http://invest.gb.go.kr / [email protected] service-oriented willingness to support all - Busan Intl. Container Terminal accessible investors around the world. Multinational within 60 min. enterprises including Siemens, ExxonMobil, - 8 linked expressways / 20 national road- Thales, Asahi Glass, Samsung, LG Electronics ways / 49 regional roadways Geographical & Logistical Advantages Key Location of Northeast Asia November 2013.