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Hub of the parts & materials industry in Northeast Asia
Pohang Parts &
Materials Industrial
Complex
Ⅰ
Establishment of the Pohang Parts &
Materials Industrial Complex
Ⅱ
Favorable geographic location
Ⅲ
Investment incentives
Ⅳ
Competent human resources and
stable labor-management relations
1. Establishment of the Pohang Parts & Materials
Industrial Complex
1. Establishment of the Pohang Parts & Materials Industrial Complex
Industrial environment in Gyeongbuk
Heart of Korea’s auto parts industry, spreading over Daegu, Gyeongju and Ulsan
Center of Korea’s IT and LED industries
Realization of integrated logistics systems
IT, LED
부품단지
using marine, railway and road transportation
due to the completion of Yeongil New Port
- Feeders: Kobe, Vladivostok, Jining, Hong Kong, Singapore and Busan
- Trans-shipment: hub port for Europe, America and Australia;
connected to the TSR
자동차
부품단지
KOREA
浦項市
포항시
JAPAN
HUB
(미주,호주)
HUB
CHINA
HUB(EU)
1. Establishment of the Pohang Parts & Materials Industrial Complex
Industrial environment in Pohang
Opening of Pohang Port in 1962, construction of Posco headquarters in 1968
Postech, a research-oriented university, creation of research support clusters
Pohang Parts & Materials Industrial Complex adjacent to the port
Free provision of a 32-km long road
Establishment of the basis for railroad transportation between Yeongil New Port and the Seoul National Capital Area,
optimal access to markets
- Short-term: operation of shuttle buses to Hyoja and Goedong Station
- By 2012: construction of a 12.2-km long railway within the complex (port)
月浦駅 월포역
SOC構築
東海中部線
동해중부선
7
迎日新港湾
영일신항만
新浦項駅
신포항역
호미곶국민관광단지
浦項~大邱高速道路
포항-대구간고속도로
31
POSCO
東海南部線複線電鐵
동해남부선복선전철
国道31号線
31
국도31호선
浦項空港
포항공항
포항-울산간고속도로
浦項~蔚山高速道路
SOC구축
1. Establishment of the Pohang Parts & Materials Industrial Complex
Outline of the complex
Location: within the Yeongil Industrial Complex I, Heunghae-eup, Pohang City
Area : 330,000 ㎡
Move-in date: starting June 2009
Fields: high-level technology related business and
parts and materials manufacturer
1. Establishment of the Pohang Parts & Materials Industrial Complex
Passenger accessibility
2 hours and 10 minutes to Seoul by the Gyeongbu KTX Line
3 hours to Incheon International Airport by KTX and airport express (2010)
1 hour and 20 minutes to Gimhae International Airport (shuttle bus: 16 times per day )
20 minutes to Pohang Airport (50 minutes between Pohang and Gimpo Airport)
Freight accessibility
Daegu, Gyeongbuk and Ulsan: 1 to 1 ½ hours via highway
Seoul National Capital Area and Uiwang ICD: 6 hours via rail; 5 hours via highway
* Long distance rail transportation can reduce costs by 50%, compared to the use of cars.
Yeongil New Port: 10 minutes
철
도
망
서울역 환승
의왕컨테이너기지 40만평
공항민자철도
인천 - 서울역
(45분/10분간격)
삼천-포항
동해중부선
경부 KTX 신선
동해중부선
청하월포역
서울역 ~ 신경주역
1시간 55분 / KTX
신포항역~영일만항역
항만인입선 12.2㎞
괴동역(포철)
신경주-신포항간
15분 / 셔틀연결
서울역~포항간 : 2시간 10분
인천HUB 공항 ~ 포항간 : 3시간
1. Establishment of the Pohang Parts & Materials Industrial Complex
Access to cities around the world from Yeongil New Port
Feeders: Kobe, Vladivostok, Shanghai, Singapore and Busan
Trans-shipment: hub port connecting to America, Australia, and Europe;
connected to the TSR
※ Adoption of made-to-order systems, curtailment of logistics expenses
Residential environment
Marine city along the East Sea
Adjacent to Gyeongju, an international tourist destination (30 minutes)
Provision of medical welfare services and leisure and cultural facilities
Homigot, Bogyeong Temple and Jukdo Fish Market
Jigok Complex with Korea’s highest quality of living
2. Favorable geographic location
2. Favorable geographic location
A leader in the steel, solar energy and fuel cell sectors
Research Institute of Industrial Science & Technology, specializing in materials research
Pohang Technopark (1995), Korea’s first private sector-driven technology complex constructed
in local cities
Concentration of the solar cell parts and materials industry
Fuel cell company and velocity tower manufacturer
2. Favorable geographic location
Postech and research centers
Asia’s best research university, a technological leader
National Center for Nanomaterials Technology, developing semiconductors and display technology
Pohang Institute of Industry Advancement in the field of parts and materials technology
New & Renewable Energy Center and Biotechnology Institute
2. Favorable geographic location
Synergy with existing industrial complexes
Pohang National Industrial Complex: 9,070,800㎡
Posco-related Industrial Complex I-IV: 267 corporations; 12,458,000㎡
Cheongrim Industrial Complex: 4 corporations; 588,000㎡
Agricultural-industrial complex: 22 corporations; 9,195.400㎡
A total of 7 complexes; 294 corporations; 22,438,000㎡
Pohang Technopark: 54 corporations
Separate location: 544 corporations
2. Favorable geographic location
New industrial complex
Namgu National Industrial Complex: 9,279,000㎡;
Korea Land Corporation
Yeongil Industrial Complex I-IV: 6,337,000㎡; Pohang City
Pohang Technopark II: 2,915,000㎡; SPC
경제자유구역
Cheongha Solar Energy Parts Complex: 825,000㎡;
pertinent operator
Expansion of a foreign investment zone through
designation as a free economic zone
Industrial district, convention district, education district and residential district for foreigners;
3,750,000 ㎡ in area
Available to house foreign investment support centers and manufacturing facilities
2. Favorable geographic location
Cultivation of a global logistics hub through
designation as a free trade zone
Support for logistics and manufacturing by granting exceptions for laws on foreign trade
and customs (709,000㎡)
Direct access to overseas markets through Yeongil New Port
Scale: 4 berths for 30,000-ton vessels
Capacity: 240,000 TEU per year
Date of opening: August 8, 2009
Route: Japan, Russia, China and Southeast Asia;
trans-shipment for America- and Europe-bound merchandise
Domestic: railroad between Pohang and Seoul (6 hours)
3. Investment incentives
3. Investment incentives
Basic conditions
Qualifications: registered foreign-invested company, in which foreigners invest
more than 30% of the total amount invested
Investment period: for 5 years from the move-in date
Rental period: 50 years; 1-time extension (a maximum of 100 years)
Rental fees: 1% of the site value; 1,968 won per ㎡ per year
- High-level technology related business
securing a total investment of $US 1 million: exemption
- Manufacturer securing a total investment of $US 5 million: 75% discount
3. Investment incentives
Tax support
National tax (corporation tax and income tax)
- High-level technology related business: exemption for 5 years; 50% reduction for the next 2 years
- Manufacturer securing a total investment of $US 10 million: exemption for 3 years; 50% reduction for the next 2 years
Local tax (registration tax, acquisition tax, property tax and land value tax)
- High-level technology related business and manufacturer securing a total investment of $US 10 million:
exemption for 15 years
Customs
- 3-year exemption for capital goods
3. Investment incentives
Financial support
Assistance in the form of cash or subsidy for facility installation
- When equipment costs exceed 3 billion won;
within 0.03% of total equipment costs; a maximum of 5 billion won
Subsidy for employment (when hiring more than 20 new employees;
a maximum of 0.3 billion won)
- 500,000 won per extra person per month within 6 months
Subsidy for training (when hiring more than 20 new employees;
a maximum of 0.3 billion won)
- 500,000 won per capita per month within 6 months
3. Investment incentives
Other supports
Infrastructure
- Road, water supply and drainage, power and LNG gas
- 2-km distance from the port, railroad entering the port
Administrative support
- International school
- One-stop services covering the process of project manager assignment, consultation and plant operation
4. Competent human resources and
stable labor-management relations
4. Competent human resources and
stable labor-management relations
High-level of education
Independent private school (Pocheol High School)
- Quality educational environment that contributes to nurturing eligible personnel
- Attraction of Siemens’ Asian production base at the Pohang Technopark
Globalization programs at Handong Global University, Handong International School
Graduates from technical high schools and colleges: 5,600 per year
Number of R&D masters and doctoral degree holders: 2,700
Number of residents living in areas within a 1 hour distance: 52 billion
(abundant human resources)
4. Competent human resources and
stable labor-management relations
First declaration of labor-management-government cooperation in Korea
Promise of full cooperation among labor, management and the government
in January 2007
Creation of a business-friendly environment
by harmonizing labor and management
Yeongil New Port will offer easy access to domestic
markets through railroads and roads and will connect
5 oceans and 6 continents by the use of marine
transportation.
An innovative global hub, the Pohang Parts & Materials
Industrial Complex, boasting made-to-order systems,
will ensure your business success.
Mayor of Pohang City,
Park Seung-ho