Overview of the Industrial Complex

Overview of the Industrial Complex

01. Changwon Industrial Complex

  • Location: The whole area of downtown Changwon (southern part of Changwon-daero)
  • Area: 25,302,000 ㎡
  • Established: Feb. 1974
  • Major industries: Industrial machinery, electrical and electronic devices, transportation equipment, steel, petrochemistry, etc.
  • Location condition:
    • The southeastern industrial belt was established with the formation of a machinery industry cluster
    • Convenient logistics traffic network with expressways, KTX, the Gimhae International Airport, the Busan New Port, Masan Port, etc.

02. Masan Free Trade Zone

  • Location: The area of Bongam/Yangdeok-dong in Masanhoewon-gu, Changwon
  • Area: 957,000 ㎡
  • Established: Jan. 1970
  • Major industries: Electrical and electronic devices, precision instruments, mechanical products, metals, non-metals, etc.
  • Location condition:
    • Korea’s first and largest foreign complex that hosts many companies that are supported by foreign investment
    • Convenient transportation network, and abundant and cheap industrial water and electric power supply

03. Busan-Jinhae Free Economic Zone

  • Designation basis: Special Act on the Designation and Operation of a Free Economic Zone
  • Designation date: October 30, 2003
  • Project period: 2003-2020
  • Projected Expenses: KRW9.9046 trillion
  • Planned population: 182,000 persons
  • Area: 51.18 km2 in Gangseo-gu, Busan and Jinhae-gu, Changwon
    ※Area to be developed 32.6 km2 in 19 districts

04. Changwon Advanced Transportation Machinery Parts Industrial Complex (Pyeongseong)

  • Location: The area of Pyeongseong-ri, Naeseo-eup, Masanhoewon-gu, Changwon-si
  • Area: 692,000 ㎡
  • Construction period: 2014-2022
  • Desired industry: Automotive parts
  • Location condition: Similar to existing conditions

05. Changwon Advanced Robotics Industrial Complex (Jinjeon)

  • Location: The area of Jinjeon-myeon, Masanhappo-gu, Changwon-si
  • Area: 3,526,000 ㎡
  • Construction period: 2014-2028
  • Desired industry: Robotics, advanced machine tools
  • Location condition: Execution in cooperation with Robot Land in Gusan-myeon, Jinbuk
  • The Industrial Complex’s Robot Business Belt Establishment Project and Gyeongnam’s Robotics Industry Promotion Project

06. Changwon Advanced Defense/Molding Industrial Complex (Deoksan)

  • Location: The area of Deoksan-ri, Dong-eup, Uichang-gu, Changwon-si
  • Area: 280,000 ㎡
  • Construction Period: 2016-2022
  • Desired industry: Defense
  • Location condition: Similar to existing conditions

07. Sangbok General Industrial Complex

  • Location: The area of 86 Changgok-dong, Seongsan-gu, Changwon-si
  • Area: 116,000 ㎡
  • Construction Period: 2012-2018
  • Desired industry: Various manufacturing ventures (Metalworking products, transportation equipment, etc.)
  • Location condition: Similar to existing conditions

08. Yeojwa District

  • Location: The area of 924-1 Yeojwa-dong, Jinhae-gu, Changwon-si
  • Area: 325,630,000 ㎡
  • Construction Period: 2013-2019
  • Major investment business: R&D complex, Changwon Silicon Valley