WHY JGFEZ

Why JGFEZ? This Is JGFEZ

the Stage of Opportunity
and Possibility To Create New Business

With a population of 1.5 billion,

one of the world's three
largest trading blocks

Jeonnam-Gwangju Special Metroplitan City

61 cities with a population
of 1 million or more

including Beijing, Shanghai,
and Tokyo are located

within 1,500 km from Gwangju

Gwangju Information

Area 500.97㎢

Population 1,419,237

Foreign nationals
25,348
Working-age pupulation(ages 15~64)
71.3%
Three main industries
- AI convergence industry
- Automobile
- Energy
Regional GDP
45trillion
Foreign-invested Companies
54
Industrial complexes
13
Medium/large companies
164
General hospitals
24
Universities (1 foreign school)
18
Average temperature
15.9℃
maximum 37.8℃, minimum -5.9℃

Upgrade Your
Business Environment
With automotive, energy, medical, photonics, and media contents industries
With leaders of AI convergence centering on the National AI Data Center
Business Site
for Competence
Appropriate site for materials, parts, and equipment industries
820,000 to 1,400,000 KRW per pyong
AI Convergence
Cluster
Establishment of the National AI Data Center
Support for AI Convergence Projects
Excellent
Manpower Supply
More than 700 graduates of automotive engineering major every year (from 10 universities)
Korea Institute of Energy Technology opens to foster energy experts (in 2022)
AI experts (from the AI School, GIST, etc.)
Business Opportunity
Potential
Support program for automobile-related corporations
Support program for AI-related business
Support program for energy-related corporations, etc.

The World's First Mutually Beneficial Labor-Management Cooperation Model
JGFEZ has applied the Jeonnam-Gwangju-Type Labor-Management Cooperation that enabled the establishment of a new automobile assembly plant for the first time in 23 years in Korea. The world's first Gwangju-Type assembly plant aims to resolve the problem of high wages and low efficiency by establishing Gwangju Global Motors based on labor-management cooperation model practiced in Gwanjgu.
The Nation's First AI-Centered
Industrial Convergence Complex
JGFEZ is the only national AI Convergence District in Korea, establishing itself as Korea's representative AI city.
Convergence of AI technologies with the automobile, energy, and healthcare industries by building AI core infrastructure, including the construction of world's top supercomputing system is expected to usher in the era of rapid growth.
Excellent Manpower and
Nurturing Programs for AI Experts
We are cultivating AI convergence prospects that companies need and speeding up for the establishment of an ideal startup ecosystem.
The AI School, GIST (Gwangju Institute of Science and Technology), and local universities participate to nurture AI prospects and construct an ecosystem for AI startups by creating an AI investment fund worth 100 billion KRW.
Grow Together with Korea's Leading Companies
We provide the best investment environment in connection with KEPCO, KIA, GGM, NHN, and Samsung Electronics. Representative companies in the fields of AI, automobiles, and energy are laying the groundwork for shared growth in JeonnamGwangju Free Economic Zone.
Support System for Innovative Growth of Corporations
We support innovative growth of companies with 1:1 one-stop corporate support. Together with an organization dedicated to attracting investment for each industry, an innovation ecosystem, and corporate support, we solve difficulties corporations face through business consulting, information provision, advisory service, and administrative support to support innovative growth.
Convenience in Transportation and Logistics Infrastructure
Convenience in transportation and logistics infrastructure are one of advantages JGFEZ enjoys. It takes 90 minutes to Seoul metropolitan area, 40 minutes to Muan International Airport, 15 minutes to Gwangju Airport, 60 minutes to Mokpo Port, and 80 minutes to Gwangyang Port.