Investment Environment
Overview
- Population (households) : 298,379 (116,176) [as of September 30, 2015]
- Area : 485.35 ㎡ (4.6% of Gyeongsangnam-do)
- Finance : KRW715billion (general accounting, KRW628 billion; special accounting, KRW87 billion) [2015 initial budget]
- No. of companies : 1,917
- No. of company employees : 47,663
- GRDP : KRW8,192,537 million (2012)
- Exports : USD2,979 million (2013)
- Imports : USD2,057 million (2013)
Investment Environment
Transport infrastructure
- Airport : Gimhae International Airport (30-min ride)
- Port : Busan Port, Busan New Port (40-min ride)
- Railroad : KTX Ulsan Station, Gupo Station (30-min ride)
- Urban rail : Busan Subway Line 1, 2 (Busan Subway is directly linked to Yangsan)
- Expressway : Yangsan IC, Namyangsan IC, Tongdosa Temple IC (Yangsan City encompasses Yangsan IC, Namyangsan IC, and Tongdosa Temple IC, giving it the best logistics and transport)
Sophisticated R&D Infrastructure
- Korea Institute of Industrial Technology’s Yangsan Center
Supports the development of the sophisticated hybrid production technologies and corporate technologies
- Korea Institute of Design Promotion’s Future Design Convergence Center
Supports research on design convergence and design development
- Yangsan Tech Business Town
Carries out corporate support and convenience functions
Overview of Industrial Infrastructure
- Area : 14,816,420㎡
- Completed industrial complexes
Completed industrial complexes Category Complex Area No. of Tenanted Businesses 1 Yangsan General Industrial Complex 1,528,000 ㎡ 110 2 Eogok General Industrial Complex 1,269,000 ㎡ 135 3 Sanmak General Industrial Complex 970,000 ㎡ 119 4 Ungsang Agricultural & Industrial Complex 89,000 ㎡ 12 5 General Industrial Area 10,112,000 ㎡ 1,374 6 Deokgye General Industrial Complex 359,846 ㎡ Completed in February 2015 7 Yusan General Industrial Complex 120,771 ㎡ Completed in September 2014 - Industrial complexes under construction
Industrial complexes under construction Category Complex Area Sale Price Projected Completion Date (y/m/d) 1 Seokgye General Industrial Complex 115,930 ㎡ Not fixed 2015.12 2 Seokgye General Industrial Complex 2 840,600 ㎡ Not fixed 2017.12 3 Deokgye Wolla General Industrial Complex 397,547 ㎡ KRW 2,125,000 2016.12 4 Gasan General Industrial Complex 817,780 ㎡ Not fixed 2018.12 5 Eogok General Industrial Complex 2 335,666 ㎡ Not fixed 2017.12 6 Tojeong General Industrial Complex 308,360 ㎡ Not fixed 2017.12 7 Seochang General Industrial Complex 273,280 ㎡ Not fixed 2016.12 8 Yongdang General Industrial Complex 273,280 ㎡ 266,780 ㎡ 2017.12