Industrial Complex · South Korea
Songtan General Industrial Complex
37.0353°, 127.0751°
109 ha
Zone area
24.7 km
Nearest port
7.4 km
Nearest airport
Gateway access
Zone profile
Zone type
Industrial Complex
Region
Gyeonggi
Established
1991
Management
PPP
Operator
Pyongtaek Industrial Complex Corp. and Pyeongtaek-si city administration
Regulatory authority
National, provincial or city-level governments
Legal framework
Industrial Sites and Development Act, and the Industrial Placement and Factory Act
Location
Fiscal & incentives
Corporate tax
22%
Tax relief
100% exempt
Relief duration
5 years
VAT
No exemption
Import duty (inputs)
0% exempt
Import duty (capex)
100% exempt
Profit repatriation
No exemption
Capital gains
No exemption
Withholding tax
No exemption
Min. investment
$30M
Min. export
0%
Employment incentive
Employment and training subsidies available to companies that newly employ 20 more individuals
Developer incentive
No established framework
Nearby Logistics Neighbours
Ports
- 1Pyeongtaek Hang25 km
- 2Daesan Hang60 km
- 3Inchon63 km
- 4Kunsan124 km
- 5Haeju Hang162 km
Airports
Cities
- 1Songtan4 km
- 2Anseong18 km
- 3Pyeongtaek22 km
- 4Cheonan24 km
- 5Suwon26 km
DatabookThe Record of Consolidated Knowledge
South Korea beyond logistics?