| Interest-free financing for site acquisition costs |
- Sign MOU with Yangsan City or Gyeongsangnam-do prior to investment
- ①Start-up companies ②Out-of-province companies relocating within the jurisdiction ③Companies newly establishing business sites within the jurisdiction
When relocating within the province, if the asset value and number of employees increase compared to the existing business, support for the increase is provided.
- Investment amount is KRW 12 billion or more, new employees* 30 or more
Including existing employees when an out-of-province company within the jurisdiction
- Apply within 1 year from the date of purchase of the land
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- Within 30% of the land purchase cost
- KRW up to 10 billion
- 5-year grace period, 3-year equal installment repayment/interest-free
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| Support for investment in new and expanded facilities |
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- Within 10% of facility investment amount
- Up to KRW 3 billion
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- Support for new and expanded companies within the jurisdiction
- Facility investment amount of KRW 5 billion or more, the full-time workforce of the existing business site should be 20 people or more. The new full-time workforce of the investment site should 10% or more compared to the existing business site (at least 10 people)
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| Support for companies which have been relocated from other cities and provinces |
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- Within 5% of the facility investment amount
- Up to KRW 1 billion
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| Special support for medical service companies |
- Sign MOU with Yangsan City or Gyeongsangnam-do prior to investment
- Medical companies relocating or conducting new construction and expanding within the jurisdiction
- Investment amount of KRW 2 billion or more, 10 or more full-time employees
- 13 medical-related industries
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- Within 10% of the investment amount
- Up to KRW 600 million
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