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According to the Special Act on Promotion of the Saemangeum Project, Foreign Investment Promotion Act, and Special Act on Designation and Management of Free Economic Zones, foreign investment on Saemangeum can take various forms including direct investment by building a plant, implementation of a development project, investing in capital goods etc.

  • 01
    Expression of
    Intent to Invest

    (Submission of LOI)
  • 02
    Submission of
    business proposal
  • 03
    Deliberation of
    Business Proposal
  • 04
    Negotiation
  • 05
    Selection of Business(Project) Developer
  • 06
    Land contract

Preparation process and Implementation process

  • 07
    Permit
    issuance
  • 08
    Start of development
For additional information, please contact:
KASDI (Korea Agency for Saemangeum Development & Investment Investment Attraction & Cooperation Division
www.kasdi.go.kr
Nara Ohk
+82-44-415-1069
+82-10-8276-0675
yesunara@korea.kr
Minaha Kim
+82-2-2198-3353
+82-10-3018-3257
iwadif@korea.kr