Location

• The southwest area in Jeollanam-do including Daebul Industrial Complex, Shinan and Goheung Shipbuilding Towns

Investment target

• Shipyards, shipbuilding equipment and materials industries, and leisure ship construction

Prospects

• Hyundai Samho Heavy Industries and Mipo Shipbuilding possessing the fifth largest shipbuilding capacity in the world
• Build-up of an integrated complex and cluster for promotion of a medium-sized shipbuilding industry
• Build-up of the Jeollanam-do Shipbuilding Town (in Shinan and Goheung) consisting of 16.36 million ㎡
• Daehan/Koryeo/Shinan Shipbuilding currently operational
• Structure of bed rock, natural breakwaters and deep water depth
• Operation of a regional innovation center for medium-sized shipbuilding for manufacturing high value-added vessels
• Investment of 10.5 billion KRW and support for training of skilled workforce of 6,000 persons for shipbuilding until 2012