I sincerely welcome you to the homepage of Saemangeum Development and Investment Agency (SDIA).

SDIA preemptively expands infrastructure

Constructing major infrastructure is essential to encourage investments. In Saemangeum area, various types of infrastructure are currently being built in a proactive manner. In addition to the opening of the East-West Highway in 2020, the whole section of North-South Highway will open in July 2023. The first stage of the Saemangeum Port will be completed in 2026. The breakwater has been completed and berth facilities are under construction. Construction of Saemangeum International Airport with the completed master plan will begin in a moment, aiming at the opening in 2029. SDIA is also making a master plan of a railroad to Saemangeum Port – which will open in 2030. Additionally Saemangeum inter-regional road project that connects regions in Saemangeum have passed the preliminary feasibility test of the infrastructure project, and the SDIA will place the construction order in the second half of 2023 in order to open in 2029. Furthermore, SDIA is in the process of completing diverse infrastructure including metropolitan basic infrastructure thereby entrepreneurs will experience no difficulty of investing in Saemangeum.

SDIA actively supports entrepreneurs’ investments in Saemangeum

Saemangeum is expected to become an excellent interconnected hub of expressways, railways, a port and an airport which are located in Saemangeum. Moreover, the metropolitan transportation network connecting to nationwide is being planned. Alongside the infrastructure, you will find Saemangeum with the best price and which is about 100 times larger than Yeouido in Seoul. It is possible for companies to invest without civil complaints and interventions at anytime in any size. From the latter half of 2023, the SDIA will designate Saemangeum as the international investment promotion zone and provide tax abatement up to five years. In Saemangeum, water supply and energy, which is essential to investors, are affluent. There is no difficulty for hiring since 1.3 million residents live in a distance of about 30 mininutes. If necessary, various plans will be flexibly designed by SDIA. For instance, SDIA will alter the land use plan and urban planning in order to abolish impediments for investments and business. RE100 comes to life in Saemangeum. This is the only place in the world that a large scale renewable energy can be supplied in order to realize RE100. Direct participation in the renewable energy project which is necessary for your business and investment is possible according to the entreprenurs’ needs.

Everything relevant to business is one-stop service in Saemangeum

Generally investing in an industrial complex involves multiple stages of investment process and numerous actors, making it complicated for investors. For instance, a company’s occupancy in an industrial complex is related to establishment of complex planning, development of complex, consultations for company occupancy process, construction of factory and operation and management of complex. In addition, tedious consultations with related organizations are unavoidable. When a company occupies a plot in an industrial complex, it has to build factory in a readily compartmentalized land unit. However, in Saemangeum National Industrial Complex, SDIA directly conducts all procedures, consultations, approval and permitting in a consolidated manner. The industrial complex planning including plot division and infrastructure are immediately rearranged to suit the needs of companies. These administrative actions cannot be found not only in South Korea but also abroad, making them a pride of Saemanguem.

Saemangeum is present progressive

You are facing the golden land which is so good to be true for your investment. The reclamation project which has been carried out for the last 30 years is providing us with a sufficient land for companies. Saemangeum is no more a land of future or opportunities which will comes to life someday in the future. It is a land of today where entrepreneurs can invest right now not to mention ongoing investments by many others. Since May 2022, the investment amount of SDIA’s occupancy contracts in less than a year increased by about 3 times the total for the nine previous years since the launch of SDIA in September 2013. Recent large-scale investments of secondary battery will transform Saemangeum into a world-class secondary battery cluster. Saemangeum will be a leader of secondary battery industry which is next generation industry that will be engine for the future of South Korea. The SDIA will soon add more reclaimed land and expand Saemangeum National Industrial Complex. A new industrial complex will be created for companies which wish to nest in Saemangeum. Fortuna, the Greek goddess of fortunes is bald on the back of her head. This means that the fortune of goddess once passes you by, even if you know it later, you cannot hold her back. I hope you can seize the luck of Saemangeum before it goes by.