GFez 광양만권경제자유구역청

Promotion Status Up To Now

• Concluded MOU with the companies who showed intention of participation.
• Research engineering service for participation feasibility review of SPC (GFEZ)
• Contribution evaluation for SPC participation (20% contribution of capital)
• Submission of project proposal and selection of preferred bidder (Hyundai E&C)
• Conclusion of an agreement for handling plan of dredged soil disposal yard (Chunnam-do <-> Yeosu Port Authority)
• Concluded a shareholders' agreement of SPC
  • GFEZ (20%), Hyundai E&C (38.4%), Daewoo E&C (32%), Namkwang Const., Co., Ltd. (9.6%)
• Incorporation registration of SPC (Yulchon 2nd Industrial Complex Development)
• Application for approval of development plan change (former MOTIE)
• Held advisory meeting of economic free zone planning board of former MOTIE
• Evaluation, approval and notification of above meeting result of application for development plan change (draft) (MOTIE)

Future Promotion Plan

• Preparation of development plan change (draft) reflecting the result of residing demand survey
• Completed consultation for general effects evaluation including environmental effect evaluation
• Approval, notification of development plan change and its execution plan
• Land transfer and start of the work

Yulchon 2nd Industrial Complex

Outlook-type Landscape Element Plan

• View corridor
  • View corridor for securing visual field of the main industrial road being connected from Yulchon 1st complex is required to be established and its district is required to be managed through designation.

Natural type Landscape Element Plan

• Green Network
  • Installation of green belt that may buffer Aeyang matyrdom memorial hall, Yeosu Airport and industrial complex
• Blue Network
  • Establishment and management of coastal hub landscape based on Songdo as specialized waterfront street

Urban type Landscape Element Plan

• Culture Network
  • In-land tourism route plan linked with Aeyang martyrdom memorial hall linked with Yeosu Airport and coastal tourism route plan linked with Gwangyang Container Terminal

Other Landscape Elements Plan

• Nighttime Landscape
  • Creation of bright and dynamic image in lineal container terminal complex and lineal layout along the land based on medium level color temperature
• Entrance Landscape
  • Installation of facility representing an image of Gwangyang Bay, Yulchon 2nd Complex and Container Terminal at the entrance of southern road of Yeosu airport