Daegu-Gyeongbuk is a place where industry thrives. The birthplace of Samsung, LG Electronics and POSCO, as well as, leading multinationals such as Exxon Mobil, Dassault Systemes and Acciona, all have made sizable investments in Daegu-Gyeongbuk.
1. Daegu-Gyeongbuk Free Economic Zone
Knowledge-based Service Corridor Target Districts
One of the most ambitious elements of the DGFEZ project is the Knowledge-based Service
Corridor. The project is designed to create synergies between knowledge-based services and >> Daegu Technopolis
local manufacturing industries. It offers opportunities in the medical industry, software and
digital contents, as well as education. ▶Purpose: R&D / Education / Manufacturing
Gyeongsangbuk-do
Gumi
Pohang
▶Industry: Green Energy, Auto, IT
- National High-tech Medical Complex is designed Yeongcheon
▶Project Period: 2006~2013
DAEGU
to provide Asia’s best facilities for the development
▶Key Features
of new drugs, medical devices and clinical
National R&D Centers (ETRI, KIMM)
testing. This complex will be over 1 million square Ulsan Universities (DGIST, KNU, KMU, UD)
meters in size and attract approximately $4.5 billion Gyeongsangnam-do
ITS Automotive Test Center
in public and private funding during the lifetime of Changwon
Proximity to Industrial complexes
Masan
the project. Korea’s largest cluster of private bio- Busan ▶Construction
tech companies and university hospitals operates R&D Facilities (Available now)
nearby, while electronics companies are conducting
R&D to develop medical convergent devices and
Manufacturing Centers (Available Q2 2011)
Daegu-Gyeongbuk
equipment.
- Culture Industry District offers opportunities in
digital contents industry, gaming, software
>> Yeongcheon Industry District Free Economic Zone
development, and multimedia broadcasting (IPTV). Gyeongsangbuk-do
The Culture Industry District has already taken a big Gumi
Pohang
▶Purpose: Logistics / Manufacturing
first step in its development by securing the R&D Yeongcheon ▶Industry: Auto, Shipbuilding, Wind Power
DAEGU Yeongcheon
Center of Dassault Systemes, a world leader in 3D Industry District ▶Project Period: 2008~2012
and PLM, and Microsoft Korea. ▶Key Features
Ulsan
- Gyeongsan R&BD District which lies in Korea’s Comprehensive Bonded Area
Gyeongsangnam-do
Good Logistics (550m from IC)
largest college town and near to the High-Tech
Changwon Close to Ulsan (70km), Pohang (64km)
Medical complex is seeking to attract foreign Masan
Lowest land cost in DGFEZ
Busan
graduate schools and R&D facilities related to RFID, Yeongcheon ▶Construction: Second Half of 2012
Industry District
LED and medical equipment.
- Fashion Design District (Esiapolis) is Korea’s first
fashion-themed district will host Korea’s leading
textile and apparel manufacturers. In the district
there is a fashion college, textile-related R&D center,
and commercial facilities. For more information about DGFEZ, Please contact
+82-53-550-1913
www.dgfez.net, twitter.com/DGFEZ
2. Daegu-Gyeongbuk Free Economic Zone
DGFEZ Daegu-Gyeongbuk IT Convergence Corridor (intelligent vehicles) for over 700 auto parts
manufacturers operating in the vicinity. Also being Auto Belt
Free Economic Zone Samsung Electronics, LG Electronics and LG Display form the core of the world’s most intensive developed in DGFEZ is a complex dedicated to the Pohang
IT and mobile communications cluster. More than 1,350 manufacturers operate in the cluster, production of auto components, and bicycles. Yeongcheon
employing over 81,000 persons and exporting the third-largest volume of IT-related products in Within one hour of DGFEZ, auto companies Hyundai Daegu Gyeongju
the world. This cluster conducts world-class research through PIRO (Pohang Intelligent Robot Motor Company, Renault Samsung and GM Daewoo, Ulsan
Institute) and Gumi Mobile Convergence Center making the Daegu-Gyeongbuk region well- as well as shipbuilders Hyundai Heavy Industries,
suited for nurturing IT-Convergence. With its strong infrastructure, Daegu-Gyeongbuk is a Samsung Heavy Industries and Daewoo Shipbuilding Changwon
Busan
promising locale for innovative industries (intelligent robots and medical instruments) by & Marine Engineering operate manufacturing
possessing key technologies in RFID (Radio Frequency Identification) and WSN (Wireless Sensor facilities. Accordingly many automotive and
Network), essential for realizing a ubiquitous society. Fire fighting robots, autonomous shipbuilding suppliers are found (43% of Korea’s total).
underwater vehicles, and English teaching robots are undergoing the testing phase in Daegu-
Gyeongbuk and these products will play a major role as the robot industry develops into one of Green Energy Corridor
Korea’s new growth engines. The IT Convergence Corridor offers opportunities in the mobile
industry, robots, medical devices, and next generation display. This corridor offers opportunities in solar PV, secondary batteries & fuel cells, and wind
power. DGFEZ aims to nurture the green energy industry in the manufacture of new and
renewable energy and the commercialization of their technologies.
- Solar Energy: Daegu-Gyeongbuk is the only region in Korea capable of producing the entire
value chain of solar PV and the city of Daegu has taken a leadership role in solar energy, and will
Daegu-Gyeongbuk Free Economic Zone - The Knowledge-based FEZ also host the World Energy Congress in 2013. Local companies (including LG Electronics) possess
advanced technology that has allowed them seamlessly transform production from LCDs to
The Daegu-Gyeongbuk Free Economic Zone (DGFEZ) is a special economic zone in South Korea
solar cells.
that offers an optimal business environment by providing financial incentives, relaxed
regulations and customized facilities to global companies looking to satisfy their customer base ▶IT Industry in Daegu-Gyeongbuk - Fuel Cells (and Secondary Batteries): Due to its close proximity to Korea’s largest manufacturers
in Korea and expand into Asia. of automotives, ships and mobile phones, Daegu-Gyeongbuk has received substantial
Category Companies Production(US$ million) Employees investments from energy companies including POSCO, Exxon Mobil, Nippon Oil and GS Caltex to
The Daegu-Gyeongbuk Free Economic Zone (DGFEZ) integrates knowledge-based services and
knowledge-based manufacturing to maximize synergies among industry, education, and IT Service 184 320.88 3,749 produce fuels cells, secondary batteries and their components. These companies, as well as, world
residential life. As part of its development plan to provide an attractve location for foreign IT Devices 835 43,586.84 71,807 renowned universities (POSTECH) are leading the way to commercialize and advance applications
investment, Daegu International School (a branch of the prestigious American private school, for fuel cells and secondary batteries.
S/W 334 804.82 6,176
Lee Academy) opened in August, 2010. DGFEZ is enhancing its R&D capabilities through a - Wind Power: As part of Korea’s East Coast Energy cluster, an agglomeration of wind power
Total 1,353 44,712.54 81,732
Special R&D zone that includes Daegu branches of Electronics & Telecommunications Research companies, including Spanish company Acciona (operating a 42-turbine wind farm) are located
Institute (ETRI), Korea Institute of Industrial Technology (KITECH), and Korea Institute of along the eastern coast of Daegu-Gyeongbuk. Leading shipbuilding companies have entered
Machinery & Materials (KIMM). the wind power industry and they are collaborating with electronics companies to supply wind
High-Tech Transportation Components Corridor
turbines and high-tech components as this industry quickly expands.
In total, DGFEZ has 4 industrial corridors (IT Convergence, Transportation Components, Green The High-tech Transportation & Components Corridor is located in the center of Korea’s “Auto
Energy, Knowledge-based Service) located within five cities in Daegu-Gyeongbuk (Daegu, Gumi, and Shipbuilding Valley” where over half of domestic automobile production and a whopping
Gyeongsan Yeongcheon, Pohang). Daegu-Gyeongbuk is an industrial center of Korea where 78% of all shipbuilding manufacturing occurs.
13% of all domestic manufacturing occurs. Daegu-Gyeongbuk offers numerous opportunities,
relying on 2 world class industrial clusters (IT and automotive), highly skilled human resources Taking the lead as the industry shifts towards intelligent transportation systems, DGFEZ is
(51 local universities and colleges) and state of the art R&D centers. DGFEZ also boasts low costs constructing Korea’s first public Intelligent Transport Systems (ITS) Automotive Test Center,
(land and labor) and strong government support. which will include a 3.7km long test track. The test center will serve as an important test bed