This document provides information about the Daegu-Gyeongbuk Free Economic Zone (DGFEZ) in South Korea. It summarizes the key details and incentives provided by DGFEZ for global companies to invest and operate in the region. Some key points:
- DGFEZ offers optimal business locations, talented workforce, and infrastructure to support profitable opportunities for global companies across industries like IT, transportation, and healthcare.
- It provides various financial incentives like tax exemptions and reductions, cash grants, and customized administrative support to help companies establish operations efficiently.
- The region has excellent research facilities, a skilled labor force from local universities, and access to domestic and international markets via ports
1st Aerospace HR Round Table - A summaryUPES Dehradun
The inaugural edition of the Aerospace HR Round Table conference took place on Saturday, the February 22, 2014 at the prestigious Leela Palace Hotel at Bengaluru on the theme “Challenges & Opportunities for Talent Management in Aerospace Industry”.
The roundtable focused on the human resource, training & education challenges in the Indian aerospace industry and the way forward. The roundtable was spread over five distinct sessions, including a thought provoking CEO panel discussion.Let us see the session-wise details.
Management Development Program FINANCING ENERGY EFFICIENCY PROJECTSUPES Dehradun
Center of Energy Economics Research (CEER) of CoMES, UPES and Centre for Management
Development (CMD) in association with Uttarakhand Renewable Development Agency
(UREDA) and Alliance for Energy Efficient Economy (AEEE), an industry led membership
based organization, has organized Management Development Programs on June 19- 20, 2015.
DMIC is India’s biggest infrastructure investment and the largest infrastructure project ever undertaken. At a cost of $100 billion and covering the states of Uttar Pradesh, Haryana, Rajasthan, Madhya Pradesh, Gujarat, and Maharashtra, the project aims to create top-notch infrastructure and establish 24 smart cities with cutting-edge technology, connectivity across rail, road, port and air, and uninterrupted power.
1st Aerospace HR Round Table - A summaryUPES Dehradun
The inaugural edition of the Aerospace HR Round Table conference took place on Saturday, the February 22, 2014 at the prestigious Leela Palace Hotel at Bengaluru on the theme “Challenges & Opportunities for Talent Management in Aerospace Industry”.
The roundtable focused on the human resource, training & education challenges in the Indian aerospace industry and the way forward. The roundtable was spread over five distinct sessions, including a thought provoking CEO panel discussion.Let us see the session-wise details.
Management Development Program FINANCING ENERGY EFFICIENCY PROJECTSUPES Dehradun
Center of Energy Economics Research (CEER) of CoMES, UPES and Centre for Management
Development (CMD) in association with Uttarakhand Renewable Development Agency
(UREDA) and Alliance for Energy Efficient Economy (AEEE), an industry led membership
based organization, has organized Management Development Programs on June 19- 20, 2015.
DMIC is India’s biggest infrastructure investment and the largest infrastructure project ever undertaken. At a cost of $100 billion and covering the states of Uttar Pradesh, Haryana, Rajasthan, Madhya Pradesh, Gujarat, and Maharashtra, the project aims to create top-notch infrastructure and establish 24 smart cities with cutting-edge technology, connectivity across rail, road, port and air, and uninterrupted power.
DMIC Summit – Developing Hub for Investors - Overview & Approach - Part - 1Resurgent India
Delhi-Mumbai Industrial Corridor, from here on referred to as DMIC, is a multi-modal High Axle Load dedicated freight corridor connecting Delhi and Mumbai. It is a mega infrastructure project at USD 100 billion with technical and financial aid built in from Japan. The project is a flagship programme of Government of India with the aim of creating futuristic Industrial Cities by leveraging the "High Speed - High Capacity" connectivity backbone provided by Western Dedicated Freight Corridor (DFC).
The Indian government's ambitious project of DMIC has put forward several projects for the industrial development of India. It is mega project with Japan as its strategic partner which has several projects including construction of freight corridors, industrial areas, smart cities and roads and highways.
Make in India can be a path breaking campaign provided it is grounded by right policy measures and innovation ecosystem. Technology has a pivotal role in this and the efforts of the nation in promoting technological innovations have so far yielded limited success. Technology transfer requires easing FDI limits and other fiscal incentives. However, the past experience of technology transfers in military indicated failure to deliver by foreign partners. Liberalization as well as stringent conditions is hence important to make technology transfer through collaborations. Indian government has announced some fiscal incentives and welcomed collaborations. In the light of this, the need for developing competences for technology absorption has gained attention. The paper presents technology transfer and absorption issues for the success of Make in India.
A Research paper written by Dr. Atul Thakare published by World Free Zones Organization ("World FZO") in the virtual event, New World Model -The Future of Industry conducted from 15th Sept - 17th Sept 2020.
DMIC Summit - Implementation and Institutional Framework - Part - 2Resurgent India
The effective implementation of such large and complex project, involving multiple states and agencies calls for immaculate planning and a robust administrative structure. In order to ensure that the traditional pitfalls of project implementation are overcome, it is proposed that a Project Development approach be adopted, wherein each facet of the project is rigorously developed from an engineering, financial, contractual, environmental and social perspective, along with interlinkages, on prioritization and selective basis and prior to commencement of implementation
Another area where Indigo can evaluate diversification is working out value addition for its passengers by offering bundled app driven taxi services for airport pick up and drop. Rather than starting its own app based taxi service, it should tie up with existing players like Uber and Ola. Working on a revenue sharing model rather than owning a subsidiary will enable roll out of highly value driven service for its passengers without any expenditure and also increase its bottom line.
A report on how Indigo airlines made their strategies and how they compete with such a huge market in airlines. This report is the detail description on their marketing mix, Brand value and Brand equity.
-- Ознакомительный фрагмент. Страницы 1-26 --
Книга предназначена для всех любителей и ценителей домашнего пива. Из этой книги вы узнаете об истории пивоварения, о многообразии сортов пива и обо всех тонкостях пивоваренного ремесла. Помимо этого вы освоите искусство дегустации пива и с представленными в книге рецептами сможете с легкостью приготовить его дома. Откройте для себя целый мир и насладитесь им.
-- Ознакомительный фрагмент. Страницы 1-26 --
PROJUVEN means proyecto juvenil (youth project). It stands for something dynamic. For our staff of professionals it means being social entrepreneurs and keeping the passion for social purposes, in a modern concept of NGO.
Definisi dan ruang lingkup pemasaran pertanianFitri Monasari
Menurut para ahli adalah sebuah falsafah bisnis yg menyatakan bahwa pemuasan ekonomi dan kebutuhan konsumen merupakan syarat ekonomi dan sosial bagi kelangsungan kehidupan perusahaan.
Business mathematics is a very powerful tool and analytical process that resu...raihan bappy
its for BBA student.In BBA we have a mathematics course.Some faculty gives us a presention on tis title.Its specially helpful for Jagannath University Student.In jagannath University department of AIS gives that types presentation.
DMIC Summit – Developing Hub for Investors - Overview & Approach - Part - 1Resurgent India
Delhi-Mumbai Industrial Corridor, from here on referred to as DMIC, is a multi-modal High Axle Load dedicated freight corridor connecting Delhi and Mumbai. It is a mega infrastructure project at USD 100 billion with technical and financial aid built in from Japan. The project is a flagship programme of Government of India with the aim of creating futuristic Industrial Cities by leveraging the "High Speed - High Capacity" connectivity backbone provided by Western Dedicated Freight Corridor (DFC).
The Indian government's ambitious project of DMIC has put forward several projects for the industrial development of India. It is mega project with Japan as its strategic partner which has several projects including construction of freight corridors, industrial areas, smart cities and roads and highways.
Make in India can be a path breaking campaign provided it is grounded by right policy measures and innovation ecosystem. Technology has a pivotal role in this and the efforts of the nation in promoting technological innovations have so far yielded limited success. Technology transfer requires easing FDI limits and other fiscal incentives. However, the past experience of technology transfers in military indicated failure to deliver by foreign partners. Liberalization as well as stringent conditions is hence important to make technology transfer through collaborations. Indian government has announced some fiscal incentives and welcomed collaborations. In the light of this, the need for developing competences for technology absorption has gained attention. The paper presents technology transfer and absorption issues for the success of Make in India.
A Research paper written by Dr. Atul Thakare published by World Free Zones Organization ("World FZO") in the virtual event, New World Model -The Future of Industry conducted from 15th Sept - 17th Sept 2020.
DMIC Summit - Implementation and Institutional Framework - Part - 2Resurgent India
The effective implementation of such large and complex project, involving multiple states and agencies calls for immaculate planning and a robust administrative structure. In order to ensure that the traditional pitfalls of project implementation are overcome, it is proposed that a Project Development approach be adopted, wherein each facet of the project is rigorously developed from an engineering, financial, contractual, environmental and social perspective, along with interlinkages, on prioritization and selective basis and prior to commencement of implementation
Another area where Indigo can evaluate diversification is working out value addition for its passengers by offering bundled app driven taxi services for airport pick up and drop. Rather than starting its own app based taxi service, it should tie up with existing players like Uber and Ola. Working on a revenue sharing model rather than owning a subsidiary will enable roll out of highly value driven service for its passengers without any expenditure and also increase its bottom line.
A report on how Indigo airlines made their strategies and how they compete with such a huge market in airlines. This report is the detail description on their marketing mix, Brand value and Brand equity.
-- Ознакомительный фрагмент. Страницы 1-26 --
Книга предназначена для всех любителей и ценителей домашнего пива. Из этой книги вы узнаете об истории пивоварения, о многообразии сортов пива и обо всех тонкостях пивоваренного ремесла. Помимо этого вы освоите искусство дегустации пива и с представленными в книге рецептами сможете с легкостью приготовить его дома. Откройте для себя целый мир и насладитесь им.
-- Ознакомительный фрагмент. Страницы 1-26 --
PROJUVEN means proyecto juvenil (youth project). It stands for something dynamic. For our staff of professionals it means being social entrepreneurs and keeping the passion for social purposes, in a modern concept of NGO.
Definisi dan ruang lingkup pemasaran pertanianFitri Monasari
Menurut para ahli adalah sebuah falsafah bisnis yg menyatakan bahwa pemuasan ekonomi dan kebutuhan konsumen merupakan syarat ekonomi dan sosial bagi kelangsungan kehidupan perusahaan.
Business mathematics is a very powerful tool and analytical process that resu...raihan bappy
its for BBA student.In BBA we have a mathematics course.Some faculty gives us a presention on tis title.Its specially helpful for Jagannath University Student.In jagannath University department of AIS gives that types presentation.
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.
Presentation file on "Thailand: An ASEAN Hub, A World of Opportunities" by Ms. Ajarin Pattanapanchai, Senior Executive Investment Advisor, Thailand Board of Investment, June 15, 2015 at Courtyard Philadelphia Downtown (BIO 2015)
OECD workshop on measuring the link between public procurement, R&D and innov...STIEAS
OECD workshop on measuring the link between public procurement, R&D and innovation. "Impacts of Korean innovative procurement policies", presentation by Woosung Lee
2. 02
Flight Hours to Major Regional Centers
· Beijing (1.5 hrs)
· Vladivostok (1.5 hrs)
· Shanghai (2 hrs)
· Tokyo (2 hrs)
· Hong Kong (3.5 hrs)
· Manila (4 hrs)
· Singapore (6.5 hrs)
Major Ports within 100km
· Busan
· Ulsan
· Okpo
· Pohang
· Yeongilman
· Masan
· Jinhae
Paveyourwaybychoosing
theoptimallocationforyourbusiness
Daegu-Gyeongbuk
Surrounded by North-East Asia's 1.5 billion people, Daegu-Gyeongbuk is the birthplace for global
companies such as Samsung and Posco. The area has a population of 5.2 million and boasts an
energetic business environment, prosperous lifestyle, and quality education.
Features
· The world's fastest internet, convenient lifestyle, and advanced healthcare
· With 47 FTAs and ranked the 3rd in ease of trading across borders, Korea is a world class trading economy
· Daegu-Gyeongbuk boasts access to both domestic and international markets via 7 seaports in the surrounding
area including the number 1 and 2 seaports in Korea, around 100 trains a day to Seoul and Busan, 2 international
airports, and 7 expressways
· Highly skilled labor supplied by some 50 universities and colleges with low employee turnover rate (2.04%)
· DGFEZ will support the administrative process, provide incentives, and deliver one to one customized support to
help your company establish and operate efficiently
03
3. Location | Daegu-Gyeongbuk, South Korea
Total Area | 19.72km2
Available for | Manufacturing, R&D, Logistics
Target Industries | Transportation Components (Automotive, Shipbuilding, Aviation),
IT Convergence (Software, Display, Mobile, Robotics),
Medical (Healthcare, Medical devices, Pharmaceutical)
DGFEZ
Daegu-Gyeongbuk Free Economic Zone
The Daegu-Gyeongbuk Free Economic Zone Authority was created by the Korean Government in 2008 to offer
customized facilities and space for Korean and foreign companies operating in Korea and the Asia-Pacific market.
DGFEZ also provides financial incentives and business-friendly government regulations for global companies.
Daegu-Gyeongbuk Free Economic Zone has 8 sites in Daegu Metropolitan City and Gyeongbuk Province. With a
focus on industries such as IT Convergence, Transportation Components, and Healthcare, each site is equipped
with manufacturing land, R&D facilities, commercial land, and residential housing.
Incentives
Incentives include tax exemptions, cash grants, reduction of tariffs and regulations.
Tax Reduction & Exemption
Requirements
- Manufacturing Industry : More than US $30 million of FDI
- R&D Facility : More than US $2 million of FDI
- Manufacturing Industry : More than US $10 million of FDI
- R&D Facility : More than US $1 million of FDI
Corporate&EarnedIncometax
100% for 5 years,
50% for 2 years thereafter
100% for 3 years,
50% for 2 years thereafter
Customs Duty
100% for 5 years
(imported capital goods)
Acquisition&Propertytax
100% for up to 15 years
Financial Support
Category
Investment
Subsidy
Facility
Subsidy
Employment
Subsidy
Training
Subsidy
Operating
Expenses
Manufacturing
Industry
R&D Facility
Requirements
- Over US $30 million of FDI or more than 300 regular employees
- Over US $10 million of FDI and one of three categories below
- High technology industry
- Certified parts & material manufacturing business
- Certified advanced technology & products business
- Hiring more than 20 new Korean nationals
- Hiring and training more than 20 new Korean nationals
- More than US $5 million of FDI and high technology industry
- More than 10 researchers with regular employment
Incentives
Up to 20% of FDI
Special lease rate
(1% of land price)
Up to KRW 1 million per employee
exceeding 20 persons for 6 months
Up to KRW 1 million per employee
exceeding 20 persons for 6 months
Varies by case
04 05
4. Target Sector | Automotive Parts, Electronics Parts, Machines and Machinery, Mechatronics
Size | 7.26km2
Location | Hyunpung-myeon and Yuga-myeon, Dalseong-gun, Daegu
Facilities | Proving Ground for Intelligent Vehicle & Transportation, Korea Institute of Machinery and Materials (KIMM),
Electronics and Telecommunications Research Institute (ETRI), Korean Institute of Industrial Technology
(KITECH), Daegu-Gyeongbuk Institute of Science and Technology (DGIST), Daegu National Science
Museum (Scientry)
Key Tenants | 84 companies including Hyundai-IHL, SMEC CO., Ltd., Hyundai Cummins, Hycon Korea, Assab Steel Korea,
Korea Nakamura-Tome Company, UGint
06 07
5. Target Sector | Fashion, Textile
Size | 1.18km2
Location | Bongmu-dong, Dong-gu, Daegu
Facilities | Daegu Textile Complex, Korea Research Institute for Fashion Industry (KRIFI), College of Korea Textile
& Fashion Polytechnic, Daegu International School (DIS), Lotte Outlets
Key Tenants | 36 companies including CMA Global and ing A
08 09
6. Target Sector | Automotive Components, Mechatronics, Parts and Materials
Size | 1.46km2
Location | Chaesin-dong, Bonchon-dong, and Geumho-eup, Yeongcheon City, Gyeongsangbuk-do
Facilities | Manufacturing Space (550m from Gyeongbu Expressway, Korea's main highway), Gyeongbuk Hybrid
Technology Institute (GHTI)
Key Tenants | 53 companies including DSSK, PNDT, Hwajin & DIC, LFJ Korea, BPH Korea, SEWON
10 11
7. Target Sector | Healthcare (international hospital, specialty hospital, medical R&D center), Medical Tourism, Information
Technology and Software, Educational Institute
Size | 1.23km2
Location | Daeheung-dong, Suseong-gu, Daegu
Facilities | Software Convergence Technology Center, Daegu Art Museum, Daegu Stadium, Daegu Baseball Stadium
12 13
8. Target Sector | Construction Equipments, Automotive Parts, Shipbuilding Materials,
Advanced Medical Equipments, New Medical Materials
Size | 3.78km2
Location | Hayang-eup and Wachon-myeon, Gyeongsan City, Gyeongsangbuk-do
Facilities | Next Generation Construction Equipments Design Support Center,
Next Generation Construction Equipments Convergence Center,
High-Tech Medical Convergence Textile Center
14 15
9. Target Sector | Aerospace (MRO), Intelligent Vehicles, Medical Molding
Size | 2.30km2
Location | Jungang-dong and Hwasan-myeon, Yeongcheon City, Gyeongsangbuk-do
Facilities | Airforce Logistics Command (AFLC), Avionics & System Technology Center
(ASTEC), Gyeongbuk Research Institute of Vehicle Embedded Technology (GIVET),
Bio Medical Center (KITECH)
16 17
10. Target Sector | Medical Devices, New Drugs, Healthcare R&D
Size | 1.05km2
Location | Sinseo-dong, Dong-gu, Daegu
Facilities | Daegu Gyeongbuk Medical Innovation Foundation (DGMIF), Korea Brain Research Institute (KBRI),
Korea Institute of Oriental Medicine, 3D Convergence Technology Center
Key Tenants | 59 companies including GE Healthcare, Medi-sensor, Daewoo Pharm
18 19
11. Target Sector | Biotechnology, Green Energy, Parts and Materials, R&D centers
Size | 1.46km2
Location | Heunghae-eup, Buk-gu, Pohang City, Gyeongsangbuk-do
Facilities | POSCO, POSCO Power, Yeongilman Port, High-tech R&D foundation POSTECH, Max-Plank Institute,
Pohang Accelerator laboratory
20 21
12. Brett Kimber (President, Linde Korea)
We've invested in the Gyeongbuk province and will continue to invest there and in Korea, and the industries specifically aroundthe IT
and the semi-conductors and the LCD have driven our growth business, and so as those industries grow we'll continue to grow with
them.
Harry Rudolph (Executive Vice President, Delphi Korea)
For thirty years we've had excellent access to all of our customers. With our products we have to deliver just in time, at least to the
Korean customers, so we have to have parts at our customer dock within four hours, and so all of our customers are located within
four hours. And then, usually by truck, and then we also ship to overseas customers and we're within ninety minutes of the Busan
port, so we've got great access to global shipping as well.
Shinji TATSUKAWA (Vice President & Plant Manager, Daicel Safety Systems Korea)
We deliver our products directly to Hyundai Mobis, our biggest customer, using the highway nearby. For international travel and
logistics we use Busan port and Gimhae International Airport that are in close proximity. DGFEZ site is ideal for our logistics.
Our employees are very enthusiastic. They are very passionate about manufacturing work, and they have ambition. Their will to learn
based on their ambition corresponds with our aim to be a global company. Next is language proficiency. Nearly every employee can
speak English, and there are many who can also speak Japanese. We believe that we have acquired talented workers.
Yukio Hamano (Executive Director, Korea Nakamura Tome CO., LTD.)
We asked DGFEZ to provide support including our employees' lodging and business partner matchmaking. With the help of DGFEZ,
today's KNT exists.
Moshe Sharon (Former President, TaeguTec)
The quality of human resources in Daegu is the first level, the highest level. The background of it is the abundance of universities
existing in Daegu and institutions existing in Daegu. Teaching and training scientists and engineers into the tens of thousands every
year. And this is actually the group of people which are candidates to be recruited by TaeguTec along the years.
EndorsementsMore than 500 foreign companies have invested USD 5.3 billion in Daegu-Gyeongbuk to partner
with Korea's leading companies and deliver value to Korea's 50 million consumers with high
purchasing power. These companies also access North East Asia's 1.5 billion consumers.
22 23
13. ExcellentR&Dinfrastructure
foryourbusiness
R&D Facilities
· Asia Pacific Center for Theoretical Physics
· Korea Multi-Purpose Accelerator Complex
· Max Planck Institutes in POSTECH
· National Institute for Nanomaterials Technology
· Pohang Accelerator Laboratory
Major Local Tertiary Institutions
· Daegu-Gyeongbuk Institute of Science and Technology
· Daegu University
· Deagu Haany University
· Keimyung University
· Korea Polytechnics
· Kyungpook National University
· POSTECH
· Yeungnam University
Machinery, Parts & MaterialsMachinery, Parts and Materials
· Daegu Mechatronics & Materials Institute
· Gyeongbuk Hybrid Technology Institute
· Gyeongbuk Institute of Convergence Industry Technology
· Korea Institute of Machinery & Materials
Information and Technology
· Daegu Digital Industry Promotion Agency
· Dassault Systemes Daegu R&D center
· Electronics and Telecommunications Research Institute
· Gumi Electronics & Information Technology Research Institute
· Korea Institute of Industrial Technology
· Mobile Convergence Technology Center
Healthcare
· Daegu Gyeongbuk Medical Innovation Foundation
· Gyeongbuk Institute for Bio Industry
· Institute for Korea Traditional Medical Industry
· Korea Brain Research Institute
· POSTECH Biotech Center
Textile and Fashion
· DYETEC Institute
· Gyeongbuk Natural Color Industry Institute
· Korea Research Institute for Fashion Industry
· Korea Textile Development Institute
· Korea Textile Machinery Research Institute
Automotive
24 25
· Gyeongbuk Research Institute of Vehicle Embedded Technology
· Gyeongbuk Institute for Advancement of Eco-friendly
Auto Parts Technology
· Korea Intelligent Automotive Parts Promotion Institute
· Proving Ground for Intelligent Vehicle & Transportation
14. 26
Enjoy
Sophisticated and diverse facilities, led by fine dining, value-priced shopping
centers, modern sports facilities, and unique cultural attractions
Learn
Daegu International School, one of the top international schools in Korea,
providing AP curriculum for expat families in the region
Travel
Korea's cultural, historical landmarks surrounded by beautiful nature in all
seasons - Gyeongju (Korea's ancient capital city) and Andong (Korea's center
of Confucianism)
Live
One of the Korea's largest, well-serviced metropolitan regions. A convenient,
safe and pleasant area to live with an outstanding quality of life
LivingEnvironment
27