The Investor

Vol. 53

 

As the BJFEZ Authority saw the close of a successful 2006, it is now re-focusing its energies on further developing the zone in 2007. An FDI goal of $1.25 billion has been set by the Authority as it will see its third year of operation since its establishment this spring.

 

2007 brings with it many expectations and goals:

 

n      With a total of $2,510 million in FDI already generated for the construction of the new 30-berth container port, an additional amount of $500 million is expected to be attracted this year into the project.

n      Recognizing the need for the establishment of foreign hospitals and schools, the BJFEZ Authority will concentrate on attracting world class institutes to fill these needs within the zone.

n      The BJFEZ has three major real estate development projects: The Myeongji New International City for business and commercial purposes, Japan Town to serve the interests of Japanese business people and Ungdong as a tourism and leisure district. As 2007 begins, the Authority will continue to negotiate and find the most qualified developers to participate in these projects.

 

The new year will also see the continued support of current foreign investors within the BJFEZ who are enjoying generous tax incentives and one-stop administrative services.

 

As 2007 begins, the Busan-Jinhae Free Economic Zone Authority wishes everyone a prosperous and happy new year.

 

Contact Us:

 

Jodi Kiely

Public Relations Officer/Project Manager

++82-51-979-5334

 

Bill Woo

Public Relations Director

++82-51-979-5330

 

Donald Lee

Real Estate Development & Investment Director

++82-51-979-5320

 

Cho Ik Geon

High Technology Industry Director

++82-51-979-5310

 

Jay Lim

Tourism & Leisure Industry Director

++82-979-5370

 

Cha Sung Ryong

Port & Logistics Director

82-51-979-5299

 

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