Saemangeum Brochure

31, Dasom 1-ro, Sejong-si, Korea
TEL : (82) 44-415-1000 / FAX : (82) 44-415-1251
http://en.saemangeum.go.kr

About Us KASDI
Location
Vision
Land use plan
Industry & Research Area
International Cooperation Area
Leisure & Tourism Area
Eco - Environment Area
Agriculture & Life Science Area
Residential(Urban) Area
Infrastructures
Incentives for Investments
in Saemangeum
At a Glance
03
05
07
09
13
15
17
21
23
24
25
27
29
Saemangeum, the future center of North East Asia that houses population of 2 billion,
will soon be the hub of global free trade and economic cooperation in trades, industries and tourism.
Find out more about the exciting opportunities Saemangeum offers you.
Contents

03
04Hub of Asia, Heart of Future
About Us KASDI
Saemangeum
Byoung-gook LEE
Administrator
Saemangeum is the place to be for many people
who love to live in spiritual, inspirational, historical,
traditional, and cultural society surrounded
by pristine nature.
Beautiful
Place
to Live
Korea is known for its outstanding talents, and Sae-
mangeum is close to numerous colleges and uni-
versities specialized in science, technology,
ship building, etc.
Talented
Workforce
Saemangeum gives you excellent access to
major markets of Northeast Asia including
China, with some 1.6 billion potential customers,
22% of the world population.
Strategic
Location
SaemangeumDear Investors/Visitors,
Korea Agency for Saemangeum Development & Investment Agency (KASDI) was established in
2013 as an independent central government agency to provide professional assistance to
companies intending to invest in Saemangeum.
Our task is to develop Saemangeum, a brand new territory at the western coast of Korea created
through reclamation project, into a future global city that will change the concept of how people live,
work and play.
Saemangeum Project is a grand national project that challenged the limitations of human abilities
by closing down the ocean with 33.9km-long world's longest sea wall to create new territory
as large as five times the Manhattan.
This massive project has finally embarked on investment promotion since 2010 after a 19-year-long
construction of the great Saemangeum Sea Wall.
Close proximity to major markets with 1.5 billion population, state-level economic cooperation with
China, government support for administrative processes along with pristine nature and traditional
beauty and cultures are just parts of the potentials attracting investors home and abroad into
Saemangeum.
Find your best business opportunity in Saemangeum.

Osaka(800km)
Vladivostok(950km)
Dalian(560km)
Weihai(360km)
Saemangeum
Lianyungang(570km)
Nanjing(800km) Shanghai(600km)
Qingdao(550km)
Beijing(1000km)
Tianjin(900km)
Tokyo(1200km)
Taipei(1200km)
Hong Kong(1700km)
• Easy access from industrial cities home and abroad
• Best location at the center of NEA to expand to the world
Strategic location with exceptional accessibility
• Timely business development allowed with tailored supports
• Guaranteed project stability and investor relations
The only region directly managed and supported by Korean government
• Korea-China Economic Cooperation Complex in active progress with state supports
• Plans to promote further international cooperations
An ideal spot for prosperity through cooperations
• Diverse experimental deregulation measures
• Investor-led creative development
Test bed for creative development and deregulation
The Land of Hope and Opportunity
The Center of Global Free Trade - Saemangeum
05
Gwangju
Daegu
Ulsan
Busan
Saemangeum
180Km
250Km
Jeonju
Daejeon
Cheonan
Suwon
Gunsan
Airport
Gimpo
Airport
Incheon
Airport
Daegu
Airport
Gimhae
Airport
Muan
Airport
Incheon
Seoul
Jinju
Tongyeong
Location
Saemangeum
Saemangeum development project involved construction of the
world’s longest sea dike at 33.9㎞ that connects Gunsan and Buan, creating
reclaimed land of 291㎢ and lake of 118㎢. The project has now evolved to take
sustainable growth and clean environment initiatives and will emerge as the economic
hub of Northeast Asia in trades, industries and tourism.

Premium city designed to lead new civilizations in the global era.
Investment hub of Northeast Asia,
Korea's new growth engine based on advanced manpower, capital and technology.
We hope to make Saemangeum a center of global excellence,
a brand new city never seen before
Our goal is in realization of new values,
achieving prosperity through cooperation
07
08Hub of Asia, hearts of Future
Vision
Saemangeum
Latest picture of Samangeum ▶
The city of a brand new
civilization
Saemangeum
The center of global free trade
Cooperation beyond
borders and industries
for coprosperity
International
Economic
Cooperation
Premium City
for Living
·Exchange
Vibrant Green
Waterfront City
Tailor-made
Open Plan
City
City of
Deregulation &
Incentives
Saemangeum Development Strategy

The biggest national project, Saemangeum, where the sea of Korea is reborn into the land of
agriculture, tourism, R&D and renewable energy.
The birthplace of Korea’s hopes and Asian dreams.
We envisage Saemangeum acting as the center of global free trade and economic cooperation.
Reclamation of land, re-establishment of hope.
SAEMANGEUM
Land use plan
Saemangeum
09
• Set minimum and maximum range for the size of land according to its function/usage
• The allocated land space will vary depending on the investor demand
Flexibility
• Details such as the type of residential property which can be set at the later stage could be
substituted with the direction of the guidelines.
• Developer's self decision of location allowed to the extent the ideals of the project are
preserved and the individual businesses are linked.
Autonomy
• Multipurpose land usage allowed upto certain percentage
for complex development of various functions
• Separate standard for multipurpose development in Industrial Complex
Multipurpose
Land Usage Plan Guideline
Saemangeum Land use plan

11
Land use plan by purpose
Note : Others represents multipurpose land excluding tide embankment area and related green area, tide prevention area,
New Saemangeum Port, Sinsi-Yami Area
(Area:㎢)
Classification
Total
Commercial/
Business
Infrastructure
Residential
Tourism
Eco-Environment
Industry
Agriculture
Others
Total
International
Cooperation Area
Leisure &
Tourism Area
Agriculture &
Life Science Area
‘Eco -
Environment
Area’
Residential(Urban)
Area and others
Industry &
Research Area
291.0㎢
11.3~14.9
29.5~38.9
3.8~5.1
15.5~20.7
98.0
45.0
59.1
19.1
41.7 ㎢
1.3~1.7
17.3~22.7
1.2~1.4
-
-
13.1
-
6.0
52.0 ㎢
2.7~3.6
11.5~15.2
1.7~2.5
0.8~1.0
8.3
14.6
9.9
-
36.8 ㎢
1.7~2.2
-
0.4~0.6
14.4~19.3
-
9.9
7.2
-
42.0 ㎢
-
-
-
-
-
-
42.0
-
24.2 ㎢
3.7~4.8
0.6~0.8
0.4~0.5
0.3~0.4
-
5.3
-
13.1
94.3 ㎢
1.9~2.6
0.1~0.2
0.1
-
89.7
2.1
-
-
Residential(Urban) AreaResidential(Urban) Area
▲ Land use illustration

Saemangeum will represent a new value proposition with high tech industries and R&D
joint developments. By providing industrial and logistics infrastructure, Samangeum will
find its place as the leader in the forward looking businesses such as marine,
air and energy industry.
The center of Global business and trade
Testimonials:
Industry & Research Area
• Area: 41.7㎢
• Development goal: Integrated cluster of major industries and next growth engine industry along with
related R&D facilities
• Strategy: Actively support the individual demand from domestic and international anchor companies and
the demand for integrated clusters of related companies
• High tech material industry, chemical industry and automobile part industry
• Energy related industry, MRO (Maintenance, Repair and Operation) industry
• Industrial logistics, knowledge based industries, R&D, international cooperation, culture,
tourism and high level services.
• Industries, logistics, testing and R&D for maritime, aviation and energy fusion technologies etc
Overview
Target industries
Functions
Total Planned land usage(㎢)
Residential
1.3 ~ 1.7
41.7
Commercial/business
1.2 ~ 1.4
Industrial
17.3 ~ 22.7
Infrastructure
13.1
Others
6.0
13
▲Bird eye view of Industry & Research Area

International Cooperation Area
▲ Bird eye view of International Cooperation Area
15
The city with advantage and divergence provided by global businesses. Full support and
regulatory reforms are promised for your best business performance and activities.
Premium complex city of global cooperation
• Area: 52.0㎢
• Development guideline: Core of Saemangeum development project is to incorporate multiple function
such as international cooperation, international administration, industry & logistics, culture and tourism
• Strategy: Priority in development of international economic cooperation zones
• Manufacture, port logistics, knowledge-based industry, service industry, global business, etc.:
industries benefiting from FTA network
• Electronics, automobiles, shipbuilding parts and semi products that benefits from port trading
• International authoritative/consultation bodies on food, energy and water
Overview
Functions
Total Planned land usage(㎢)
52
Residential
2.7 ~ 3.6
Commercial/
business
1.7 ~ 2.5
Industrial
11.5 ~ 15.2
Tourism Agriculture Infrastructure
Eco-
environment
area
0.8 ~ 1.0 8.3 14.6 9.9
• Waterfront area near the grid network ring will be developed into a complex of commercial,
business and tourism districts.
Development Plan

Leisure & Tourism Area
17
▲ Bird's eye view of Sinsido Island Resort
Maritime Sports, Leisure and New Life Style
• Area: 36.8㎢ [Tourism. 1st and 2nd leisure districts (31.6㎢), Sinsi and Yami Leisure &
tourism area (1.9㎢), Gogunsan Islands Leisure & Tourism Area (3.3㎢)
• Development objectives: To develop a leisure tourism intensive area focusing on international
tourism majors' investments with Leisure & Tourism Area 1 and 2 as the core of the development
Overview
Seonyu District
Munyeo District
Gogunsan Islands
2nd Sinsi District
1st Sinsi District
New international tourism center where you can enjoy both great scenery a man-made
nature has to offer and exciting leisure activities
• With exception of environmentally hazardous businesses, all types of leisure and tourism
related activities to ensure creative development by private investors will be allowed
Functions
• Sinsi-Yami Area, Gogunsan Islands Area and Leisure & Tourism Zone 1 and 2 are planned
along the Saemangeum Sea Dike for leisure and tourism related developments.
These areas will be differentiated in terms of functionality.
• At the south part of Leisure and Tourism Area, Leisure & Tourism Zone 1 and 2 will host large
sized complex resorts, accommodations, shopping malls and cultural facilities that will act as
the anchor facilities for the region.
• Gogunsan Islands Area will focus on marine sports and experiences where as
Sinsi-Yami Leisure & Tourism Area will focus on marine theme parks.
Guidelines on Development Locations
• The area focuses on marine leisure sports.
Sinsi-Yami Leisure & Tourism Area (1.9 ㎢)
Differentiated
functions
Examples
Marine theme
tourism
• Marine theme hotel, Aquarium, fish market, observatory, integrated shopping area with
shops such as character shops
• Marine theme park
Marine leisure
sports
• Marine sports academy where safety and license training can be provided
• Marina facilities that allows repair and maintenance
• Edu-tainment facilities in recreational marine sports where education is combined with entertainment
Functions
• Marine theme tourism: Media park, hotel, cottage type hotel, family hotel, commercial area
(restaurants and character shops), medical center, convention center, aquarium, seafood center,
marine culture theme park, marine sports academy.
• Marine sports: Water park, marina, golf courses, yacht polytechnic and club houses.
Leisure & Tourism Zone 2

Seonyu District
Munyeo District
2nd Sinsi District
1st Sinsi District
• Full utilization of marine contents and development of resort type holiday destination
• Different development goals for each district with different environmental characteristics
Gogunsan Islands Leisure & Tourism Area(3.3 ㎢)
19
• (Leisure & Tourism Zone 1) Sporting facilities such as golf course, Sports theme park, training arena,
hotel and theme parks
• (Leisure & Tourism Zone 2) Key toursim hub with large scale resort complex that meets diverse
demands of international tourists and attracts next generation tourists such as beauty, health and
gaming tourists
Leisure & Tourism Zone 1 and 2
Exclusive Resort Area
Spa and boutique hotel, Condo,
Forest healing (outdoor),
healing center, private town,
tower type condominiums
Forest Recreational Area
Camping ground, forest
kindergarten, zipline adventure,
luxurious waterfront F&B,
resort condominium, villa type
condominium.
Marina & Maritime
Culture Area
Gogunsan Marina wharf, Theme
pension district, Gogunsan Marina
culture theme park, family hotel,
SEA village, Character park
Marine Resort Theme Park
Beauty therapy complex, Beautyflex
shopping mall, Condominium, full villa,
water sports beach.
Marine Experience Theme Park
horse riding track, gunsan public
relation center, haesoo water park,
five star hotel resort
Waterway Amenities
- Watersid resort/residential function
- Waterfront concert hall
- Music water fountain
Comprehensive Leisure &
Tourism Services
- Premium shopping area with
duty free stores
- Factory outlets etc.
- MICE, Cultural concerts, gaming and
multi complex
- Health and beauty tourism, silver tourism
Tourist-attracting Urban Design
- Unique urban design as a tourist
attraction
- New transportations as
tourist attraction
- Culture tourism complex
- Hotel and theme parks
Extreme Sports Area
Major Sports Events Area
Gateway
- Golf tournaments such as PGA or LPGA
- Indoor multi sport complex
- Extreme sports such as rowing, golf,
horse riding, in-line skating, bicycle and
mountain climbing
- Multi purpose training center for
training of summer sports
• Internationally recognized tourism hub that combines cultural, artistic and sporting venues with leisure
and tour resorts to meet demands of diverse tourists from around the world
▲ View of Gogunsan Island

Eco - Environment Area
21
▲ Bird eye view of waterfront area
Meet the new lifestyle offered by an environmentally friendly green city where you can enjoy
ecosystem of diverse species and the convenience of metropolitan city
Global Eco-city where humans and nature coexist
• Area : 42.0㎢ (59.1㎢ including 17.1㎢ of Eco Environmental Area within International Cooperation Area)
※ Established Eco Environment Area development plan in December 2012
Overview
• Ecological reserves with temporal and locational traits
• Restoration of diverse of species in the ecosystem.
• Ecological purification of water for clean water
• Waterfront recreational areas with ecological and natural resources
Functions

Low Carbon Green City
Residential (Urban) Area
• Area: 10.0㎢
• Development strategy: Develop into the secondary residential area
• High tech waterfront city
• Leisure, tourism, commercial function integrated into a central district
Overview
Global potential realized through environmentally friendly, high-quality,
cutting-edge agricultural technology. A new type of agricultural city based on the latest
agricultural technology and R&D activities.
Cutting-edge Technology, High Quality Agricultural Export
Agriculture & Life Science Area
• Area: 94.3㎢ (Agricultural area 89.7㎢, rural city area 4.6㎢)
• Environmentally friendly high-tech agricultural manufacturing
• Export-oriented agriculture industry
• R&D and agriculture service supports
• Tourism on agricultural ecology
• Rural City
Overview
Functions
▲ Agriculture cluster birds eye view
23
A new type of waterfront city with a festive market place comprising of shops, restaurants and
entertainments within the central city.

• 3X3 grid shape road network that connects East~West and North~South
• Inter-city highway transportation network connected throughout Korea
Road
• Honam Express railway (Seoul ~ Iksan (Saemangeum) ~ Mokpo)
• Metropolitan railway network that connects throughout Korea
Railway
• Gunjang new port with capacity of 33 vessels
Unloading capacity of 22,167k RT/year
• New Saemangeum Port constructio
(2011~2030 with capacity of 18 vessels, port area of 4,880k ㎢)
1st phase (up to 2020): 4 berths, area of 524k ㎢
Port
• Domestic routes available at Gunsan airport
• International route currently being introduced
Airport
25
Metropolitan transportation system comprising of roads, railways, port and airport allows half a day
connectivity to all the locations within Korea. This connectivity will allow the growth of Saemangeum as
a highly accessible city in Korea and beyond, and will help Saemangeum act as the center of logistics in Asia.
3X3 grid road network running in all directions
Infrastructure
Saemangeum Infastructure
▲ 3x3 grid shaped internal arterial road network
East-West 1st Axis
East-West 2nd Axis
North-South 1st Axis
North-South 2nd Axis
North-South 3nd Axis
East-West 3rd Axis
Saemangeum-Jeonju
Expressway
West Coast
Expressway
▲ Bird eye view of New Saemangeum Port

Incentives for Investments in Saemangeum
Free economic zone FDI tax exemption
Criteria Subject
Applicability
National tax Local tax
국세지원Industry support service,
High tech business
Developers
Total Project cost of USD 500 million or
more, investment of USD 30 million
or more and foreign equity ratio of
50% or more
Manufacturing entity with
USD 30 million or more investment,
tourism and hotel entities with
USD 20 million or more investments,
logistic entities with USD 10 million
investment, R&D facilities with
USD 2 million or more investment
Exemptions for 100% of corporate
income tax or comprehensive income
tax and 50% for the first 5 years and for
the following 2 years,respectively.
Exemptions for customs duty, specific
consumption tax and value addedtax
on capital goods
Exemptions for 100% of corporate
income tax or comprehensive
income tax and 50%
for the first 3 years and
for the following 2 years, respectively.
Exemptions for customs
duty on capital goods required
for the project
Exemptions for 100% of acquisition
tax and property tax for 15 years
Exemptions for 100% of acquisition
tax and 50% of property tax for the
first 5 years and for the following
2 years, respectively. 100% property
tax exemption for 15 years
Manufacturing entity with
USD 10 million or more investment,
tourism and hotel entities with
USD 10 million or more investments,
hospitals with USD 5 million or more
investment, R&D facilities with
USD 1 million or more
investment and service entity with
USD 10 million or more investment
FDI entity approved
by Free Economic
Zone committee
Other FDI entities
Special supports for rental period (Domestic and foreign companies)
Applicable Details
Rental period of up to 50 years with renewable option of up to another
50 years. construction of permanent structures allowed
Foreign direct investment entries, Foreign medical instiutions, Foreign
educational institutions, Technology oriented companies, Tourism industry
Foreign language services such as
issue of official documents
in foreign language
Provision of housing exclusively for
foreigners
Establishment of foreign
educational institutions
Retransmission of foreign boradcasts
Foreign medical hospitals and
foreigner only pharmacies
Permission for foreigner only casinos
Subsidies from municipal government
Classification Incentives
Foreign-invested company
10 types of subsidies such as industrial land subsidy, employment subsidy,
training and education subsidy, FDI subsidy
Domestic company
7 types such as investment supports for relocated domestic companies,
existing company's factory CAPEX
Tourism business
3 types including facility CAPEX subsidy, employment subsidy,
special investment incentives for large scale investments
Exemption of rental charge for foreign investment entities
Criteria Details
Differential exemption percentage of 100%, 75% and 50% will apply
depending on the amount of investment and the number of employees
National / Public property
Local tax exemptions
HQ relocation from Population
Density Control region
Domestic/
Foreign company
Acquisition of
real estate
Exemptions for 100% of acquisition tax, 100% and
50% of property tax for the first 5 years and
for the following 3 years respectively
Relocation of HQ from
a metropolitan city
Domestic/
Foreign company
Corporate registration/
real estate registration
Exemption from registration & license tax
Relocation of factory from
a metropolitan city
Domestic/
Foreign company
Acquisition of
real estate
Exemptions for 100% of acquisition tax, 100% and
50% of property tax for the first 5 years and
for the followin 3 years, respectively
National tax exemptions
Criteria
Criteria
Subject
Subject
For
For
Benefits
Benefits
Relocation of factory from capital area Domestic companyCapital gain tax
5 years deferral on corporate income tax payments and
equal installment payments over 5 succeeding years
Relocation of HQ from capital area
or over population-restricted area
Domestic/
Foreign company
Capital gain tax
5 years deferral on corporate income tax payments and
equal installment payments over 5 succeeding years
Relocation of SME from capital area
or over population-restricted area
Domestic company
Income after
relocation
100% exemption from corporate income tax for the first
6 years and 50% exemption for the following 3 years
Relocation of HQ or factory from capital
area or over population-restricted area
Domestic/
Foreign company
Income incurred
by the factory
100% exemption from corporate income tax for the first
6 years and 50% exemption for the following 3 years
27
Saemangeum Incentives for Free Economic Zone
Special supports for private contracts of FDI entities
Classification Applicable land Incentives
Provision of developed land Industrial and tourism/leisure Private contract allowed
Supports to Improve Quality of Life of Foreigners
Use permits, profits, financing and sales
relating to assets
National / Public Property Private contract allowed

29
Contact
Investment Promotion & Planning Division,
Investment Strategy Bureau
Dasom 1-ro, Sejong-si, Republic of Korea
http://en.saemangeum.go.kr
At a Glance
Saemangeum
Saemangeum Information Center, 20F Jongno Tower,
51 Jongno, Jongno-gu, Seoul, Republic of Korea
Phone: +82 (0)2 2198 3353
E-mail: iwadif@korea.kr / iwadif@hanmail.net
General Enquiries
Investment Enquires
Professional Assistance
Korean Agency for Saemangeum Development & Investment
Dasom 1-ro, Sejong-si, Republic of Korea 339-012
Phone: +82 (0)44 415 1079
Fax: +82 (0)44 415 1251
E-mail: yesunara@korea.kr / yesunara@gmail.com
409㎢
TOTAL AREA OF
SAEMANGEUM
33.9㎞
GUINNESS WORLD RECORDS
CERTIFIED
WORLD'S LONGEST SEAWALL
81
NUMBER OF COMPANIES
AGREED TO INVEST
IN SAEMANGEUM
SOLVAY, TORAY, OCI etc.
$13b
INVESTMENT MADE
IN JUST 4 YEARS
NO. 3
KOREA : WORLD'S 3RD LARGEST
FREE TRADE TERRITORY (73.2%)
DATA: As of March, 2015

Saemangeum Brochure

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