West Side Baehu Complex

• Location: Doi-dong, Gwangyang (Free Economic Zone + Free Trade Zone)
• Area: 1,934,000㎡
• Businesses: manufacturing, processing, assembly, storage and distribution, customs, and trade
• Leasing Period: 50 years (renewal every three years) / KRW 30 to 200 per ㎡
• Leasing Conditions: foreign investment companies whose export makes up 50% or more of their revenue
• Tax Exemptions: 100% for tariff and acquisition tax, 100% for corporate and income tax for 3 years, and 100 for property tax for 10 years

East Side Baehu Complex (3-Phase Support Facility)

• Location: within East Side Baehu Complex, Doi-dong, Gwangyang
• Area: 71,328㎡
• Businesses: distribution facility related to the port, business facility related to the port, welfare facility or amenities for those using the port or port facilities, sale exhibition facility related to ships, and manufacturing facility (assembly or packaging) related to cargo
• Purchasing Amount: assessed amount at the time of purchase (KRW 825,000 per ㎡ in a recent case)
• Payment: contract amount (10%), interim deposit (80%), and remainder (10%)

Singeum General Industrial Complex

• Location: Singeum-ri, Okgok-myeon, Gwangyang
• Area: 400,000㎡
• Businesses: metal, metal processing, machinery, and equipment manufacturing
• Purchasing Amount: KRW 970,000 per 3.3㎡ (on average)
• Payment: contract amount (20%) and interim deposit (80% at the time of ownership transfer)
• Tax Exemptions: 100% for tariff and acquisition tax, 100% for corporate and income tax for 3 years, and 100 for property tax for 10 years

Chonam Industrial Complex No. 2

• Location: Chonam-ri, Gwangyang-eup, Gwangyang
• Area: 364,000㎡
• Businesses: metal, machinery, non-metal, and metal fabrication
• Purchase Amount: KRW 850,000 per 3.3㎡ (on average)
• Payment: contract amount (20%), interim deposit (60%), and remainder (20%)