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Free Trade Zone

What is FTZ(Free Trade Zone)?

A Free Trade Zone refers to a designated area where the Korean Government supports and guarantees free manufacturing, logistics, distribution and trade activities with various benefits such as tax and rent reduction/exemption.

FTZs of BJFEZ

Bobae Foreign Investment Zone

Distriparks of BJFEZ, Phase, Size (㎡/ac), Site Status
Distriparks of BJFEZ Phase Size (㎡/ac) Site Status
West Distripark 1 500,846㎡ / 124ac Available Now
Ungdong Distripark 1 2,486,666㎡ / 614ac Available Now
(2 Sites left)
North Distripark 1 1,703,927㎡ / 421ac Occupied
South Distripark 1 1,444,162㎡ / 357ac Development in Progress
Total Size 6,135,601㎡ / 1516ac
  • More distriparks(Total size of 13,840,445㎡) are planned to be developed.

View Future Plan

Occupancy Requirements

  • Foreign or Foreign-Invested Company
  • Domestic Company

Type of Business Eligible for FTZ of BJFEZ

  • Logistics
  • Manufacturing

Incentives

  • Low Lease Fee
  • Non-Tariff
  • Others

For more Info.

Investment Environment

Busan Port

One of the BJFEZ’s core infrastructure, Busan Port!

One of the BJFEZ’s core infrastructure, Busan Port!

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World’s

2nd

Transship Port

World’s

6th

Top Container Port

Port Network

150

Countries

Port Network

600

Ports

World’s

2nd

Top Shipping Lines’
Service

Total of

279

Shipping Lines’
Service per Week

Handling
approximately

70%

of South Korea’s
Import/Export Volume

Future Plan

Jinhae New Port(2040)

Jinhae New Port(2040)

Gadeok International Airport(2029)

Gadeok International Airport(2029)

BJFEZ Distriparks

Distriparks of BJFEZ, Phase, Size (㎡/ac), Site Status
Distriparks of BJFEZ Phase Size (㎡/ac) Site Status
South Distripark 1 1,444,162㎡ / 357ac Available from 2025
Ungdong Distripark 2 1,120,000㎡ / 277ac
West Distripark 2&3 674,283㎡ / 167ac Available from 2030
North Distripark 2 522,000㎡ / 129ac
Total Size 3,760,445㎡ / 930ac