Korea free economic zone (KFEZ) is designated to strengthen national competitiveness and promote balanced regional development by improving the living condition and business environment for foreigners in South Korea

South Korea

The Republic of Korea , , is a sovereign state in East Asia, located on the southern portion of the Korean Peninsula. It is neighbored by the People's Republic of China to the west, Japan to the east, North Korea to the north, and the East China Sea and Republic of China to the south...

. Korea free economic zone planning office is in charge for this.

FEZ Policy

- FEZ Authorities and Invest Korea support foreign investment.

- Financial assistance and incentives (tax benefits, cash grants)

Foreign Life in FEZ

- Foreign schools and medical services

- Simultaneous interpretation service

- Rental housing for foreigners

FEZ Infrastructure

- Incheon International Airport

- Incheon ports and harbors

- IT infrastructure

Six Districts of Korea FEZ

District	Location	Focus Industries	Starting Date	Website
Incheon FEZ	Incheon Incheon The Incheon Metropolitan City is located in northwestern South Korea. The city was home to just 4,700 people when Jemulpo port was built in 1883. Today 2.76 million people live in the city, making it Korea’s third most populous city after Seoul and Busan Metropolitan City...	IT, BT, international finance, tourism & leisure	Aug.06 2003	http://www.ifez.go.kr/
Busan/Jinhae FEZ	Busan Busan Busan , formerly spelled Pusan is South Korea's second largest metropolis after Seoul, with a population of around 3.6 million. The Metropolitan area population is 4,399,515 as of 2010. It is the largest port city in South Korea and the fifth largest port in the world...   Gyeongsangnamdo	maritime logistics, shipbuilding	Mar.30 2004	http://www.bjfez.go.kr/
Gwangyang FEZ	Jeollanamdo  Gyeongsangnamdo	maritime logistics, materials	Mar.24 2004	http://www.gfez.go.kr/
Yellow Sea FEZ	Chungcheongnamdo  Gyeonggido	automobile components, value-added logistics	Jul. 22 2008	http://www.yesfez.go.kr/
Saemangeum/Gunsan FEZ	Jeollabukdo	automobiles, shipbuilding, green industries	Aug. 28 2008	http://www.sgfez.go.kr/
Daegu/Gyeongbuk FEZ	Daegu Daegu Daegu , also known as Taegu, and officially the Daegu Metropolitan City, is a city in South Korea, the fourth largest after Seoul, Busan, and Incheon, and the third largest metropolitan area in the country with over 2.5 million residents. The city is the capital and principal city of the...   Gyeongsangbukdo	education, medical, knowledge-based	Aug. 13 2008	http://www.dgfez.go.kr/