Saemangeum Business Overview

• 1 Renewable energy

  • Demand expected to increase in line with the government's 3020 policy (total sales: 10 trillion won)
  • Renewable energy generation capacity: 3GW
  • Higher return on investment compared to other regions

• 2 Materials & parts

  • Materials and parts trade balance grew 18.0% in the past 3 years
  • Korea-China Joint Research Complex for Technology Cooperation
  • Equipped with drones, autonomous vehicles, logistics technology test beds

• 3 Agri-Food

  • Asia's largest agrobiotechnology valley and a Korean style smart farm industrial innovation hub
  • Agrifood-related government agencies and research institutes relocated to Jeonbuk

• 4 Biotech & cosmetics

  • Equipped with customized certification systems and support systems for each export market
  • Overseas consumer confidence in local products expected to grow by Korea Premium

• 5 Tourism and leisure business

  • Designation of the Saemangeum and Gogunsangundo area as the West Coast Marine Leisure & Tourism Hub
  • Creation of additional demand from surrounding areas with less developed residential infrastructure
  • Possession of abundant tourism resources

• 6 Global logistics

  • Designation as a comprehensive bonded area
  • Equipped with airport, railway, port, and road (Quad_Port) transportation infrastructure
  • Expansion of South Asia routes in line with the governments’ New Southern Policy