Busan-Jinhae Free Economic Zone (BJFEZ)

Activity Types at BJFEZ


BJFEZ promotes investment in a variety of sectors. The main categories are:

  1. Advanced Manufacturing & High-tech / Parts & Materials — e.g. auto parts, shipbuilding materials, mechatronics, electronics, etc.
  2. Port & Logistics / Distribution & Trade — making use of the zone’s proximity to Busan Port, associated distriparks, and infrastructure for freight, warehousing, logistics operations.
  3. R&D / Innovation / International Business — research centers, technology development, headquarters for global business operations.
  4. Tourism, Leisure & Culture — resort, recreation, marine leisure, cultural events, conference & tourism facilities, etc.
  5. Education & Medical / Health Services — foreign schools, medical institutions, hospitals to serve both local and foreign residents.

 

Foreign Investment Zones (FIZs)


Within BJFEZ, there are “Foreign Investment Zones” (FIZ) in specific sub-areas such as Mieum, Jisa, and Nammoon. These zones are specially reserved for foreign or foreign-invested companies, providing more favorable conditions and more relaxed regulation.

  • Eligible business types in the FIZs include: shipbuilding, auto, machinery, electronics.
  • To be eligible, companies must be either 100% foreign-owned, or joint ventures with at least 30% foreign ownership.

 

BJFEZ

 

Investment Environment

Myeongji International City

  • International Business
  • R&D Centers
  • Hotel & Convention
  • International Educational/Medical Institutions
  • Eco-Friendly Residential Area

 

Myeongji International City is the area designed and developed to provide the best environment for international business and living environment for Foreign/Foreign-Invested Companies and their employees.

Ideal for Foreign Investors

  • Exclusive Land for Foreign-Invested Companies
  • Low Land Price
  • BJFEZ’s Specialized Administrative Service

 

LARGE MARKET

  • Total Area : 6.4㎢
  • Population Capacity : Over 80,000
  • 8 million consumer market within 1 hour distance

 

EXCELLENT ACCESSIBILITY

  • 10 mins to Busan New Port
  • 20 mins to Gimhae International Airport
  • 30 mins to Busan City Center

 

LIVELY COMMUNITY

  • Eco-friendly Residential Area
  • Great Community Infrastructure
  • International Schools & Hospitals

 

sources: 

https://www.bjfez.go.kr/eng_old/00325/00330/00331.web

https://www.bjfez.go.kr/eng

 

 

Last update: 9th October, 2025