HOME > About us > Partners > Free Economic Zones

Korean Free Economic Zones (KFEZ)


As centers of international business where global capital and information gather, the Korean Free Economic Zones offer the ideal management environment for multinational firms. Korean Free Economic Zones are specially designated areas created to improve the business and living environment for foreign-invested firms in Korea and to actively attract foreign investment in the country through a range of deregulation policies.  Since the 2003 inauguration of an FEZ in Incheon, the number of FEZs in operation has grown to nine: Incheon, Busan-Jinhae, Gwangyang Bay Area, Gyeonggi, Daegu-Gyeongbuk, Chungbuk, East Coast, Gwangju and Ulsan. Accumulated foreign direct investment in the KFEZs amounted to USD 19.2 billion as of the end of 2020, with 6,140 companies, including multinational firms such as GE and BMW, operating in the KFEZs. The KFEZs have become even more attractive to global investors who knock on the Korean door first when seeking opportunities in Asia.

Korean Free Economic Zones (KFEZ) Free Economic Zone Planning Office
3F Government Complex-Sejong 13-dong, 402 Hannuri-daero,
Sejong Special Autonomous City, 30118
Republic of Korea
Telephone : +82-1577-0900 Website : www.fez.go.kr Linkedin : www.linkedin.com/in/koreafez Youtube : www.youtube.com/user/FEZKOREA