Donghae Estate Free Tread Area It will accomplish you dream and it will give Bukpyong Industrial Complex was designated as a free economic zone on December 10 2005 and the Korean government is expected to invest a total of 43.7 billion won in the complex to build four buildings of leased factories, two bonded warehouses, administration office building, and dormitory.
Resident companies will be treated as foreign companies and have their taxes withheld to guarantee free manufacturing and processing activities. In addition, the products that will not come to the Korean local markets will not be subject to customs clearances or tariffs.
Need to transform into an economy-oriented region in the pan-Donghae region by accomplishing original objectives
- Bukpyeong Industrial complex: Group of industries centering on manufacturing and logistics.
- Donghae port: To be built as the hub port of logistics in the Northeast Asian region.
Formulate Bukpyeong Industrial complex and Donghae port to allow free economic activities to take place
- Attract foreign investments and Korean manufacturers interested in export and provide active support to their business operations.
Plan and Strategy for Building Free Economic Zone
