Industrial Complex · South Korea
Myeongji Noksan National Industrial Complex Active
35.0933°, 128.8367°
1,111 ha
Zone area
17.6 km
Nearest port
13.3 km
Nearest airport
Gateway access
Zone profile
Zone type
Industrial Complex
Region
South Gyeongsang
Status
Active
Established
2003
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
- 1Chinae18 km
- 2Busan18 km
- 3Masan27 km
- 4Ulsan65 km
- 5Gwangyang Hang101 km
Airports
- 1Gimhae International Airport13 km
- 2Sacheon Airport / Sacheon Air Base70 km
- 3Ulsan Airport73 km
- 4Daegu International Airport91 km
- 5Tsushima Airport101 km
Cities
- 1Changwon1 km
- 2Busan New Port2 km
- 3Busan12 km
- 4Gamcheon/Busan15 km
- 5Jinhae18 km
DatabookThe Record of Consolidated Knowledge
South Korea beyond logistics?