13.03.2016 - 18.03.2016 — Hall: 6.2 Stand: A 90
The Province of Gyeongsangbuk-do has been playing a pivotal role in the economic achievement of South Korea for the last 40 years. It has successfully grown into a wellspring of profit-maximizing businesses and now ready to invite more enterprises to its business-friendly environment and supportive policies.
The industrial complexes in the province have been strategically formed to benefit from the geographical advantages, technological efficiency and research capabilities, including ‘Component & Material exclusive Industrial Complex’ in Gumi & Pohang, which invites industries such as automotive, IT, steel manufacturing and energy.
FDI into the province has totaled to U$10 billion as a result of superb SOC/infrastructure and more significantly our service-oriented willingness to support all investors around the world. Till now, multinational enterprises such as Siemens, ExxonMobil, Thales, Asahi Glass, Samsung, LG Electronics, POSCO, are already doing business in the Province of Gyeongsangbuk-do, and we keep striving to make it the best place for business and to invest in by providing various incentives such as cash grants, tax breaks and subsidies for land and facilities.