Thank you for visiting Gyeonggi Free Economic Zone, the industrial center of the west coast.

GGFEZ provides telephone consultations to support reasonable investment decisions.

If you would like a consultation, please feel free to contact us.

    Real-time Phone Consultation

  • Poseung (BIX) District, Pyeongtaek : 031-8008-8632
  • Hyeondeok District, Siheung Baegot District : 031-8008-8628



It provides information on logistics/industrial facilities, commercial facilities, residential/support facilities, etc. as a table on major facilities in Poseung District.
Automotive Industry
Related companies
– Finished vehicles : Hyundai/Kia Motors, Ssangyong Motors
– Auto parts : Hyundai Mobis, Hyundai Wia, Hyundai Powertech, Johnson Controls, Mando, Donghee Auto, Magna, Bosch, TRW, etc.
Semiconductor Industry
Related Companies
– Semiconductor : Samsung Electronics
– Semiconductor parts and materials : Samsung SDI, Samsung Corning, Dongwoo Fine Chem, Merck, LG Chem ABB, 3M, SK Innovation, LG Innotek, SK Chemicals, Lafarge, etc.
Petrochemical Industry
Related Companies
LG Chem, Samsung Petrochemical, Honam Petrochemical, COSMO, Lotte Chemical, GS Caltex, SK Chemical, Total, CEPSA, Mitsubishi Rayon, etc.
Logistics Industry
Related Companies
Hyundai Glovis, CJ Korea Express, Hanjin Shipping, Koryo Port, Gyeongpyeong Logistics, Yuseong TNS, Shinyang Logistics, Pyeongtaek Logistics, Dologistic, Cheonil International Logistics, etc.

It provides information such as classification, system, current, 2015, 2020, 2030, etc. as a table for shipboard (duck) development.
Purpose Operating Plan (~2040) Total
Total 64 17 81
Container 7 7
Car 5 5
Miscellaneous Goods 10 10 20
Grain 2 2
Cement 3 3
Sand 7 7
Liquid Pier 1 1
(Including iron ore and coal)
20 3 23
Passenger 2 4 6
Dolphin 7 7

* Optimal geographical conditions inherent: The natural seaport around the harbor is surrounded by natural breakwaters and there is little damage from typhoons or tsunamis. The average depth of water is 14 meters, the tidal difference is 9-10 meters, and the number of storm days is 6.8 days.

* It is located in the shortest distance from China’s coastal commercial belt, and is located in the 24-hour economic zone with a voyage distance of 389km to Yingcheng, 537km to Dalian, and 630km to Qingdao.

* High Logistics Competitiveness: Time and logistics costs are reduced for cargo in the metropolitan area compared to other domestic ports thanks to time and cost savings

* Ranked 5th in total cargo volume nationwide (as of 2020)

* 5 car ferry routes: Weihai, Lianyungang, Yantai, Iljo, Yeongseong

* container carriers: Janggeum Merchant Marine, Dowoo Shipping, SITC, HEDE (HongKong), Sealand Maersk, Dongjin Merchant Marine, Namseong Shipping, Heunga Shipping, Goryeo Shipping, etc.

* There are a total of 29 ports of call for container liners, and Southeast Asia includes Vietnam, the Philippines, and Thailand, and the Chinese district includes Dalian, Tianjin, Qingdao, Shanghai, Ningpa, Weihai, Seokdo, Shenzhen, and Hong Kong.

* There are a total of 8 other routes (automotive routes), and ports of call are the Americas (Tacoma, Portland, San Diego, Baltimore, Philadelphia, etc.), Europe (Southampton, Eliat, etc.), Australia (Sydney, Melbourne, etc.), Asia (Manila, Singapore, PR, Jakarta, China, Japan), Middle East (Dubai, Kuwait, Bahrain, etc.), Latin America (Balboa, Montevideo, etc.)

* Water supply plan
– ccording to the Pyeongtaek City Water Supply Maintenance Master Plan (Change) Report (April 2010 Pyeongtaek City), supply water for household use and industrial use – Water for daily use: Metropolitan waterworks → Pyeongtaek City water supply pipe → Supplied by branching from Dogok drainage basin (newly established)

– Industrial water: Asan Bay coastal industrial waterway → Supply branched from the industrial drainage basin (newly established) in the district
※ Dogok Reservoir: Signed a contract for the construction of water facilities for water supply in the Poseung district of the Yellow Sea Free Economic Zone (Dec. 2013 – Pyeongtaek City, Gyeonggi City Corporation, Pyeongtaek City Corporation)
< Estimation of water consumption >
Provide information such as classification, resident population, population-based population, population-used population, total, etc. as a table of estimation of daily necessities.
Category Resident Population Full-time Population Use Population
(including visiting population)
Water Capacity
Water Capacity
Water Capacity
Poseung District 3,168 823 15,209 1,217 41,958 839 2,879
< Industrial Quantity >
It provides information such as classification and industrial land as a table of industrial capacity.
Category Industrial Area
Area (㎡) Basic unit (㎥/1,000㎡/day) Water volume (㎥/day)
Poseung District C20 Chemicals and Chemicals 271,645 8.08 2,195
C26 Manufacturing of electronic parts, computer, video, sound and communication equipment 161,217 14.62 2,357
C29 Manufacturing of other machinery and equipment 100,064 4.95 495
C30 Automobile and trailer manufacturing 259,519 3.59 932
Total 792,445 5,979
* Sewerage (Wastewater) Treatment Plan
– Wastewater treatment plan
– In this project district, a sewage relay pumping station in the district is installed in a natural flow method, and the treatment plan is linked to the Poseung public sewage treatment facility (Q=58,000㎥/day).

As a table of the sewage (wastewater) treatment plan, it provides information on classification, water supply, wastewater generation, etc.
Category Water Supply (㎥/day) Wastewater Generation (㎥/day)
Water for daily Industrial wate Living sewage industrial wastewater Daily maximum sewage amount Underground water amount Planned daily maximum amount of sewage
2,879 5,979 2,073 2,793 4,866 486 5,352

* Power Supply Plan (Transmission and Distribution Plan)
– Transmission Plan
– The electricity used in the project district is supplied from the nearby KEPCO substation and is supplied in a voltage drop suitable for each customer in the project district.
– Power Distribution Plan
– Production Facility
– Consumers of less than 100kW of production facilities receive low-voltage power down to 380/220V through KEPCO’s Pad transformer connected to the 22.9kV distribution line in the main project district, and customers with more than 100kW directly receive 22.9kV and install their own substations to suit each situation.
– Land for support and Public Facilities, etc.
– Facility capacity of 100kW or more among supporting facilities and public facilities sites: Self-power faucet installed 22.9kV from KEPCO and supplied by 380/220V power supply
– Less than 100kW of installed capacity among supporting facilities and public facilities: 380/220V 3ф 4W step-down supply from KEPCO
– The maximum power load in the Poseung district is 38,251 kW for production facilities and 69,747 kW for other facilities, with a total of 107,998 kW.
– Electricity Demand Forecast

< Maximum Power Load in Poseung District >

It provides information such as classification, site area, power consumption, average load, load rate, maximum load, etc. as a table of the maximum power load in the Poseung district.
Category Site area
Power Consumption
Average Load
Load Factor
Maximum Load
Chemicals and chemical product manufacturing (20) 271,645 163,259 18,637 78.6 23,711
Electronic parts, video, audio and communication equipment manufacturing 161,217 70,291 8,024 72.4 23,711
Other machinery and equipment manufacturing (29) 100,064 10,907 1,245 46.2 2,695
Automobile and trailer manufacturing (30) 259,519 69,292 7,910 55.9 14,150
Total 792,445 313,749 35,816 51,639
Maximum load inequality factor of 1.35 38,251

* In the case of supplying land created under Article 9-7 (1) of the Act (hereinafter referred to as “land created” hereinafter) to a foreigner-investing company, foreign educational institution, or foreign medical institution;

* In case of supplying developed land to the state or local government

* When a small and medium-sized business cooperative or business association supplies land to be created to its members or business operators pursuant to Article 6-5 (2) 3

* Other cases where the Mayor/Do Governor deems it necessary to attract foreign investment or revitalize free economic zones.

* In case it can be supplied through a private contract in accordance with relevant laws and regulations

* In case the foreigner is a corporation or group
– A certified copy of the register issued by the government or other competent authority of the relevant country or a document proving that the corporation or organization is located in the relevant country

* When a foreigner is an individual
– Documents proving nationalities, such as a certificate of citizenship issued by the government or other authorized organization of the relevant country

* Individuals who hold Korean nationality and but are residing in a foreign country
– For those holding Korean nationality, a certificate of permanent residence issued by the government of the country in which you are staying or other competent institution, or a certificate of overseas national registration issued by the head of the Korean diplomatic mission abroad

* A foreigner-investing company is a domestic corporation established in accordance with domestic law, and the accounting and settlement of accounts are independent of the foreign parent company.

* In addition, domestic branches (offices), as foreign corporations, conduct accounting and settlement of accounts with the foreign headquarters, and the applicable law is the “Foreign Exchange Transactions Act”, and pays taxes only on income generated in Korea, and the head office/branch of a foreign exchange bank that received a report on the establishment of a branch for the first time. Only (ddesignated foreign exchange trading banks) can introduce operating funds and send negligent remittances

* According to Article 2, Paragraph 1, Paragraph 1 of the Foreign Investment Promotion Act, “foreigners” are defined as individuals with foreign nationality, corporations established under foreign laws, and other international economic cooperation organizations.

* Meanwhile, according to the provisions of Article 2, Paragraph 2 of the same Act and Article 3 of the Enforcement Decree, cases of foreign nationals who have obtained a foreign permanent residence permit and an equivalent residence permit are also included in the scope of foreigners according to the Act.

* Therefore, if an overseas Korean who has obtained permanent residence in a foreign country makes foreign investment in accordance with the Foreign Investment Promotion Act, it is recognized as a foreign investor pursuant to Article 2, Paragraph 1, Item 5 of the same Act. However, in this case, the investment funds must be overseas source funds. In other words, domestic assets (cash, securities, real estate, etc.) owned by overseas Koreans cannot be directly invested as an investment object for foreign investment.

* “Foreigner” under Article 2, Paragraph 1, Paragraph 1 of the Foreign Investment Promotion Act is defined as an individual holding foreign nationality, a corporation established by foreign law, or other international economic cooperation organization.
* Therefore, if a Paper Company established in a tax avoidance area is a corporation established under foreign law, investment is not restricted as it falls under Article 2, Paragraph 1, Item 1 of the Foreign Investment Promotion Act.

* According to Article 2, Paragraph 1, Item 4 (a) of the Foreign Investment Promotion Act, foreign investment is defined as a “foreigner” who owns stocks or shares in a Korean corporation (including a corporation under establishment) or a corporation run by Korean nationals. The subject of the report is a foreigner (however, foreign permanent residents with Korean nationality may be considered foreigners)

* When a foreigner-investing company reinvests its own retained earnings, the subject of the investment is not a foreigner but a Korean (a foreigner-investing company established under the domestic law is a domestic corporation), so it cannot be the subject of an investment report.

* In addition, when a foreign investor acquires stocks, etc. issued when the foreigner-investing company’s reserves, revaluation reserves and other reserves under the provisions of laws and regulations are transferred to capital (Article 7 (1) of the same Act) and When stocks, etc. are acquired through investment in negligence from stocks, etc. (Article 7, Paragraph 4 of the same Act), it is required to report, which assumes that the retained earnings have gone through the process of reverting to foreigners (foreign investors).

* Therefore, in cases where a foreign investor acquires new stocks by investing in a foreigner-investing company with dividends received from the foreigner-investing company, or when a foreigner-investing company acquires stocks issued free of charge by transferring profit reserves to capital, the Foreign Investment Promotion Act Although it is recognized as a foreign investment under the the Foreign Investment Promotion Act.,but only re-investing the retained earnings on the expansion of facilities etc without the profit distribution disposal and capital transfer procedure (issue of new stocks by the decision of the general meeting of shareholders or the board of directors) can not be acknowledged as a foreign investment.

* When the person can not report directly to KOTRA’s 36 overseas offices, or if he(she) is unable to report directly, delegate the authority to the agent for all reporting and procedures related to foreign investment, and the agent can report with a power of attorney.

* It is possible although when you bring cash or other means of payment, you must report it to the customs office and receive a certificate of foreign exchange declaration (confirmation) (Foreign Exchange Transaction Regulations)

* Even if you do not have an account number, you can receive funds in Korea by indicating only the name of the foreign exchange bank branch and the payee. A temporary account number may be assigned to foreign investment notification.

* The remitted money can be used after company incorporation registration or after a capital increase.

* After completing the registration of incorporation by depositing the capital in a bank and submitting the share payment certificate and other company incorporation documents to the registry office, submit a certified copy of the registration of incorporation to the bank. And the bank will open a bank account under the name of the company(corporate account number) and transfer, the fund and the company will be able to use such fund from this point.