Korea was once referred to as "the hermit kingdom." These days, things are very different: Korea's geographical position makes it the most efficient economic hub from which to reach not only China and Japan, but also the rest of Asia. Now, the country is embracing its centrality by developing Korean Free Economic Zones (KFEZ) to fully exploit its enviable potential. The eight Free Economic Zones-Incheon, Busan-Jinhae, Gwangyang Bay Area, Yellow Sea, Daegu-Gyeongbuk, East Coast, Chungbuk and Saemangeum-Gunsan-are distributed throughout Korea to suit the needs of enterprising businesses. In these areas, the Korean government has gone to remarkable lengths to create a business-friendly environment.
展开▼
