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YESFEZ Promotes FDI in Gyeonggi-do in Connection with CIFIT 2019
Korean Project
Also, featured was the Joint Investment Promotion Hall which displayed the overall status of the free economic zones in Korea and the discussed specific projects being carried out in those zones. YESFEZ delegates had one-on-one investment consultations with each of the potential investors visiting the PR hall. Cha Kwang Hoe, commissioner of YESFEZ, said, “We actively promoted the competitive investment climate of YESFEZ through IR activities that we carried out in connection with our participation in the event, which was attended by more than 40 multinational companies and over 100,000 international investors from upwards of 100 countries,” adding “We will further expand our regular contact with Chinese businesses and do our very best to draw in more investor companies to our free economic zone.” Meanwhile, YESFEZ has been selling land in the Pyeongtaek-Poseung (BIX) Area, including 778,663㎡ for factories and 556,174㎡ for logistics operations, in stages since the beginning of 2019 at a 30% discount compared to surrounding areas—KRW 1.67 million per 3.3㎡ for lands for factories and KRW 1.72 million per 3.3㎡ for land for logistics operations.

For more information, please visit YESFEZ's webpage
HERE
.
YESFEZ Promotes FDI in Gyeonggi-do in Connection with CIFIT 2019
On September 16, the Gyeonggi YESFEZ (Yellow Sea Free Economic Zone Authority) said that it had finished promoting the outstanding investor climate of the zone through joint FEZ IR meetings held in connection with CIFIT (China International Fair for Investment & Fair) 2019 held in Qingdao, Shandong Province, and Xiamen, Fujian Province in China from September 6-11.

CIFIT is an annual international event hosted by the Ministry of Commerce and organized by the Fujian Provincial People’s Government. It is participated in by over 40 multinational companies, more than 4,000 mid-size and large companies from China and overseas, and upwards of 100,000 investors from more than 100 countries.

From Korea, the Free Economic Zone Planning Office of the Ministry of Trade, Industry and Energy and six FEZ offices including the Yellow Sea Free Economic Zone Authority (YESFEZ) participated in CIFIT 2019, and YESFEZ also paid a visit to KOTRA Qingdao to discuss the investor relations event scheduled for the second half of 2019, among other visits.

YESFEZ representatives then attended the Silk Road Maritime International Cooperation Forum (SRMF) 2019 held in Fujian and the IR for Potential Investors from Quanzhou, as well as other events, and they promoted investment from influential corporations and individuals into the Pyeongtaek-Poseung (BIX) area of Gyeonggi Province.
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