Foreign Investment Zone · South Korea
Mieum Foreign Investment Zone - Parts Active
35.1274°, 128.8552°
55 ha
Zone area
16.5 km
Nearest port
9.5 km
Nearest airport
Gateway access
Zone profile
Zone type
Foreign Investment Zone
Specialization
Tech
Region
South Gyeongsang
Status
Active
Established
2005
Management
State-owned enterprise
Operator
KICOX
Regulatory authority
Mayor or provincial governor
Legal framework
Foreign Investment Promotion Law and Enforcement Decree
Location
Fiscal & incentives
Corporate tax
22%
Tax relief
100% exempt
Relief duration
3 to 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
Manufacturing investment of $10 million; tourism investment of $10 million; logistics investment of $5 million; no minimum requirement for high-tech firms
Min. export
0%
Employment incentive
Employment and training subsidies
Developer incentive
No established framework
Nearby Logistics Neighbours
Ports
- 1Busan17 km
- 2Chinae19 km
- 3Masan27 km
- 4Ulsan61 km
- 5Gwangyang Hang104 km
Airports
- 1Gimhae International Airport10 km
- 2Ulsan Airport69 km
- 3Sacheon Airport / Sacheon Air Base71 km
- 4Daegu International Airport87 km
- 5Tsushima Airport103 km
Cities
- 1Changwon5 km
- 2Busan New Port6 km
- 3Busan10 km
- 4Gamcheon/Busan14 km
- 5Koryong17 km
DatabookThe Record of Consolidated Knowledge
South Korea beyond logistics?