Support project

Gyeongnam Company attraction Incentives

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Business Goal

Active business investment support through government and provincial funds

Provide expanded incentives, including up to 20 billion KRW for large-scale investment companies

Strategy

Large-scale investment support [Provincial fund]

  • Investment of 50 billion KRW or more or 150 new employees
  • Up to 20 billion KRW for equipment and land purchase

Subsidies for new construction [Provincial fund]

  • 10 billion KRW in equipment investment and +30 new employees
  • Up to 3 billion KRW for equipment investment

Local Investment Promotion Subsidy [National Funding]

  • Support for companies relocating to the metropolitan area and newly expanding
  • Up to 10 billion KRW per company

Domestic return investment subsidy [national expense]

  • Support for companies returning to Korea
  • Support up to 60 billion KRW per company (30 billion KRW per business site)

Subsidies for business investment promotion [Provincial funds]

  • Investment amount 2 billion KRW, +10 new employees
  • Support up to 10 billion KRW for land, employment, etc.

Interest-free financing support for land purchase [Provincial funds]

  • Investment amount of 5 billion, +20 new employees
  • Support up to 10 billion KRW for land acquisition

Procedure

National subsidy

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National subsidy Procedure

Provincial Subsidy

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National subsidy Procedure