Investment Environment

Overview

  • Area: 532.86 ㎢ (5.1% of South Gyeongsang Province)
  • Households and Population: 31,504 households, 62,331 people (as of Dec 31, 2019)
  • Administrative Divisions: 2 eup, 12 myeon, 285 ri (legal ri: 139) 775 ban

Community Index

  • Manufacturers: 506 companies (4 general industrial complexes, 5 agricultural and industrial complexes)
  • Urban Infrastructure: Housing supply rate 113.17%, Water supply rate 99.4%
  • Medical Facilities: 65 hospitals and clinics, 27 pharmacies
  • Educational Facilities: 35 schools (17 elementary schools, 10 middle schools, 8 high schools)

Locational Conditions

Strategically Optimal Location for Transportation and Logistics

  • Expressways: Penetrates Jungbu Naeryuk Expressway (Changnyeong IC, Yeongsan IC, Namji IC, and Hyeonpung IC), Connected to Namhae Expressway, Gwangju-Daegu Expressway, Gyeongbu Expressway, and Jungang Expressway (Hamyang-Ulsan Expressway under construction). Daehap IC to be established.
  • High-Speed Railroad: Dongdaegu Station (66km/50-min), Miryang Station (50km/40-min), Railroad Construction Plan (Changnyeong～Daegu National Industrial Complex～Hwawon)
  • Airports: Gimhae International Airport (88km/50-min), Daegu International Airport (64km/45-min)
  • Port: Busan New Port (90km/50-min)

Industrial Infrastructure

  • A major industrial complex (Yeongnam General Industrial Complex) will be established close to Daegu National Industrial Complex and Dalseong 2nd Industrial Complex
  • A complex town is being planned to improve the settlement conditions for the employees of industrial complexes
  • Clean, abundant water supply from Nakdonggang River and Miryang Dam
  • Industrial water supply (Q=4,789㎥/day), Domestic water supply (Q=1,334㎥/day)
  • Easy to acquire workforce ⇒ Only 1-hr away from major cities (Busan, Daegu, Changwon)

Regional Characteristics

  • The eastern region has mountainous terrain and the western region boasts fertile lands along the Nakdonggang River.
  • Various crops including onions, garlic, persimmons and greenhouse vegetables are cultivated.
  • Great location and connected to all parts of the nation being closely located to Jungbu Naeryuk Expressway, National Highway No. 5, No. 20, No. 24 and No. 79.
  • Boasts abundant tourism resources including Bugok Hot Springs, Hwawangsan Mountain, Woopo Wetlands and cultural heritage.