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[Dae-gu]Daegu-Gyeongbuk High-tech Medical Complex

Overview

  • Location : within the Daegu Innovation City in Sinseo-dong, Dong-gu, Daegu City
  • Area : 1030,000㎡ (innovation city 4216,000㎡)
  • Project period : 2009~2038 (Construction: 2009~2013)
  • Total budget : KRW 4.6 trillion (national expense KRW 1.1 trillion, municipal expense KRW 0.9 trillion and private investment KRW 2.6 trillion)
  • Land for sales : Jun. 29, 2012~
  • Facilities
    • Government facilities: New Drug Development Support Center, High-tech Medical Equipment Development Support Center, Lab Animal Center, Clinical Drug Manufacturing Center
    • Regional and private facilities: Communication Center (Daegu City), High-tech Clinical Trial Center, research institutions and laboratory enterprises, venture centers etc.

Background

  • Dec. 16, 2009 : Designation and announcement of the high-tech medical complex
  • Jan. 27, 2010 : Finalization of the plan to establish the high-tech medical complex
  • Oct. 27, 2011 : Began construction of government and regional facilities
  • Dec. 2013 : Completed the construction of the complex

Bird’s Eye View



Design of High-tech Medical Complex



Facilities


You can check the table by moving it from side to side.
(Touch to close the information window and use it.)
Name of the Facility Agents Site area(㎡) Total floor area(㎡) Functions
Total 466,272
Research facilities New Drug Development Support Center Ministry of Science, ICT and Future Planning 70,068 22,969 Evaluate new drug candidates and conduct joint research and development
High-tech Medical Equipment Development Support Center Ministry of Industry, Trade & Energy 10,887 Design product, support and develop the production of prototype
Lab Animal Center Health care 8,696 Offer laboratory animal system, support and manage laboratory animals
Clinical Drug Manufacturing Center Health care 8,955 Produce samples for clinical trials, support technology transfer
High-tech Clinical Trial Center Private 52,455 Unknown Small-scale clinical trial
Amenities Communication Center Daegu City 10,110 17,825 Offices, meeting rooms, accommodations, amenities and dormitories
Science Village Daegu City 2,298 1,839 Dormitories for researchers, sports facilities
Government institutions Korea Brain Research Institute DGIST 52,000 32,300 Research the big four brain research sectors, concentrate brain research capability, build infrastructure for brain research and play a hub role
Center for application of oriental medicine Korea Institute of Oriental Medicine 11,550 6,110 Develop natural product drug and convergence oriental medicine equipment
3D convergence technology support center Kyungpook National University 3,491 8,800 Develop 3D convergence technology, build integrated test/authorized equipment, support technology commercialization
Area for research institutions Joint research center of medical venture businesses Private 3,945 21,883 Research centers and support facilities for SMEs
Laboratory enterprises (sales completed) Private 22,966   Laboratories of medical companies
Area for private institutions Private 237,389   Research institutions, venture centers

Land by sectors

(Unit: ㎡, %)

You can check the table by moving it from side to side.
(Touch to close the information window and use it.)
Total Area High-tech Medical Cluster Other areas
Total Research Centers Research Facilities Amenities
1,030,000
(100%)
466,272
(45.3%)
327,396
(31.8%)
122,523
(11.9%)
16,353
(1.6%)
563,728
(54.7%)

Plan for the sales of research facilities

  • 289,369㎡(Total area for sale 466,272㎡, sale completed 176,903㎡)
    ※As of Jun. 30, 2014 Possible to parcel out the land into an optimal size (minimum 1,650㎡)
  • Sale price KRW 596,838/㎡ (KRW 1,973,017/3.3㎡)
    ※Reference price of plant land of industrial zone in Daegu: Seongseo Industrial Complex 3~5 million won/3.3㎡
  • Period: Jun. 29, 2012 ~
    ※ Application on a rolling basis
  • Land for Sales
    • General sale: Application on a rolling basis from Jun. 29, 2012
    • Special supply: Attract excellent research institutions and laboratories
  • Tenants: universities, research institutions, laboratory enterprises, local and foreign preclinical trial institutions
    ※ The manufacturing industry cannot move into the complex. However, it is possible to produce medical supplies and equipment for clinical trials.
  • Requirements (Human resources and facility standard)
    • Human resources: three researchers who conduct only medical research and development and no other works including sales and business. (one researcher for a venture company in accordance with Article 2 of the Act on Special Measures for the Promotion of Venture Businesses)
    • Facility standard: The tenant should be equipped with the following facilities to independently carry out medical research and development:
      • one or more laboratories
      • experiment equipment and research tools that researchers can use independently
      • subsidiary facilities including facilities for air purification and air conditioning and heating

Sales and move-in procedure



Incentives


Tax Support


  • National tax : Corporate tax, income tax - 100 percent exemption for the first three years and 50 percent reduction for the next two years.
  • Local tax : Acquisition tax exemption / property tax - 100 percent exemption for the first ten years and 50 percent reduction for the next 3 years.
  • Foreign-invested company : corporate tax, income tax - 100 percent exemption for maximum five years and 50 percent reduction for the next two years, acquisition tax exemption, property tax ? 100 percent exemption for the first 15 years.

Financial support


  • Subsidies for the regional investment promotion : Corporate tax, income tax - 100 percent exemption for the first three years and 50 percent reduction for the next two years.
  • Local tax : Acquisition tax exemption / property tax - 100 percent exemption for the first ten years and 50 percent reduction for the next 3 years.
  • Foreign-invested company : corporate tax, income tax - 100 percent exemption for maximum five years and 50 percent reduction for the next two years, acquisition tax exemption, property tax ? 100 percent exemption for the first 15 years.: maximum KRW 6 billion for newly established companies and transferred companies
  • Subsidies for location and investment : maximum KRW 1 billion
  • Special subsidies for large-scale domestic and foreign investment companies : support a part of the total investment (partial support of site purchase cost, construction cost, facility and equipment cost)
  • Subsidies for employment and training : no more than KRW 500,000 per person and within 6 months
  • Foreign-invested companies : Companies with foreign investment of more than 30 percent (Support site purchase cost, rent cost, construction cost and subsidies for employment and training)
    ※This may differ according to the type of tenant and the scope of investment. (Supported by relevant laws and the Daegu City Ordinance)

Special support


  • Support R&D budget for research and development of new drugs and high-tech medical equipment
    ※Support companies through national R&D budget for the high-tech medical complex and the fund for the establishment of Medi-city.
  • Create Medi-city funds (KRW 50 billion for the promotion of medical industry) and medical industry funds.
  • Support to foster tailored resources, utilize the excellent domestic and foreign resources and infrastructure and create a work environment.

Land purchase support


  • Payment in installment for five years free-of-interest or offer discount (12.37 percent) for payment all at once.
    ※Research institutions of SMEs and venture companies support a part of the communication center (4,000㎡) / support sales for private institutions (under progress)

Special case of regulation


  • Payment in installment for five years free-of-interest or offer discount (12.37 percent) for payment all at once.
    ※Research institutions of SMEs and venture companies support a part of the communication center (4,000㎡) / support sales for private institutions (under progress)
  • Medical Service Act
    • Allow foreign medical personnel to conduct medical services at medical institutions within the complex for medical R&D.
  • National Health Insurance Act
    • Recognize as medical care when medical supplies, equipment and technology are used to patients for clinical trials. (Substantial reduction of clinical trial cost).
  • Pharmaceutical Affairs Act / Medical Appliances Act
    • Item permission is given to medical supplies and equipment that do not meet the standard of production facility.
    • International rules are applied to the permission and notification of importing medical supplies and equipment for research purposes, the manufacturing of medical supplies and equipment and the permission standard for import items.
  • Bioethics and Safety Act
    • A sub-committee of the National Bioethics Committee is established in the complex to separately deliberate the items concerning bioethics and safety.
    • The institutions in the complex utilizes the Institutional Bioethics Review Board
  • Immigration Control Act
    • Extend the period of stay for foreign researchers (2→5 years).
  • Patent Act
    • Preference examination for the R&D patent developed in the complex.

Administrative support


  • Provide one-stop service of approval and permission from sales to move-in.
  • Designate a public servant who manages from consulting to research and development.