|
|
 |
|
|
| |
 |
Industry |
|
| |
| [Establishment of Gangneung Science Industry Complex] |
| |
| * Location: Bangdong-ri(hamlet) in Sachun-myeon(village) in
Daejeon-dong( town) |
| * Area: 1,684,625妊 |
| * Completion : anticipated 2005 |
| * Cost : 1,614 billion won ($ 134.5 million U.S.) |
| * Businesses Invited |
- Natural products: health food, functional
cosmetics, natural medicine, healthy fodder, herbal medicine,
medical drug etc.
- Maritime biology: functional fodder, process food, new technology
applied food, health food supplements, medicine such as antibiotics?
antibacterial drug etc.
- New products: new metals, fine ceramics, new high molecular
materials, complex materials etc. |
| * Way of Investment and Cooperation |
| - Foreign investors can cooperate strategically
with scientific industrial community, or can invest alone. |
| * Tax support and hospitality policy for
foreigners |
Business
|
Condition |
manufacturing industry
|
-private investment;
amount must be more than $ 50 million U.S.
external investment ratio : more that 50%, size of workforce:
more than 1,000
-industrial complex investment: amount must be more than
$30 million U.S.
size of workforce: more than 300
-high-tech-business investment: amount must be more than
$5 million U.S |
|
|
| |
| * In case of new investment meeting conditions mentioned
previously |
- National tax(corporation tax+income tax): exemption
100% for 7 years, 50% afterwards
- Local tax(acquisition tax, registration tax, property tax, comprehensive
land tax): exemption 100% for 15 years |
| * According to the size of foreign investment, |
- national ?public property can be used without charge
for a maximum of 50 years
- premium charge from the sale of national ?public property can be
exempted 100% |
| * Infrastructure Support |
| - roads, water, sewage treatment plant, electro-communication
system etc. |
| |
|
| |
|
