Business Opportunities
BJFEZ, where your potential becomes reality
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
| 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.
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
Investment Environment
Busan Port
One of the BJFEZ’s core infrastructure, Busan Port!
watch moreWorld’s
2nd
Transshipment Port
World’s
7th
Container Port
Port Network
150
Countries
Port Network
600
Ports
World’s
3rd
Top Shipping Lines’
Service
Total of
279
Shipping Lines’
Service per Week
Handling
approximately
75%
of South Korea’s
Import/Export Volume
Future Plan
Jinhae New Port(2040)
Gadeok International Airport(2029)
BJFEZ Distriparks
| 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 | ||
