Industrial Complex · South Korea
Changwon National Industrial Complex
35.2081°, 128.6718°
8.5 km
Nearest port
24.4 km
Nearest airport
Gateway access
Zone profile
Zone type
Industrial Complex
Region
South Gyeongsang
Established
2015
Management
State-owned enterprise
Operator
KICOX
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
- 1Chinae9 km
- 2Masan10 km
- 3Busan35 km
- 4Ulsan71 km
- 5Gwangyang Hang90 km
Airports
- 1Gimhae International Airport24 km
- 2Sacheon Airport / Sacheon Air Base56 km
- 3Ulsan Airport75 km
- 4Daegu International Airport76 km
- 5Yeosu Airport104 km
Cities
- 1Jinhae9 km
- 2Masan10 km
- 3Koryong12 km
- 4Busan New Port19 km
- 5Changwon19 km
Trade Zones
DatabookThe Record of Consolidated Knowledge
South Korea beyond logistics?
