Notice attractive economic conditions for domestic and foreign investments in Namyangju-City. The Enrichment of Local Economy is in Our Hands. Industrious laborers' working spot, research rooms lit up 24 hours a day for technology development, sowed and harvested farm land; all cherish Namyangju residents' endeavor and hopes to boost not only local but also national economy.
Local Economy Department: +82 31 592 9898

Location

As a strategic city in the northeastern part of the Capital Circle, its most significant merit is that it has connection with any part of the nation. Guri - Pangyo Express way starts in Namyangju. And by the year of 2004, the subway line will have been extended to Tokso railway station. According to the middle and long term city development plan, the city is expected to have vast room for advancement.

Industry

Until 1997, the number of factories registered in Namyangju government was 659, and the employees numbered 12,000. In terms of business type, furniture manufacturing has dominated the most, and is followed by textile, metal assembly, base metal, and machinery industries. Recently the fund for small and medium sized enterprises has been raised. Its favorable condition of location and convenient traffic network enable the city to place hi-tech industries.

Agriculture

Adjacent to Seoul, vegetables, flowers, lucrative crops are raised with advanced agricultural technology. Besides orchid, Meokgol pear, Yongji mushroom, and grapes are main sources of income to the farmers. Automated green house, floriculture complex are rapidly growing in numbers, which will increase Namyangju's agricultural competitiveness.

Construction of Industrial Complex

The city will invite the establishment of enterprises and will set up the industrial complex on Chinjop-eup, Wabu-Eup, Hwado-Eup, and Hopyong-Dong by 2016.

Fostering Hi-tech Industry

On Jinjeop-Eup, 510,000㎡ area of the industrial complex site will be prepared for the construction of hi-tech plants which will manufacture semiconductors or computers.

Apartment-type Factories

200,000㎡ of land area on Hopyong-dong and 20,000㎡ area on Hwado-eup are respectively secured for building up apartment-type factories, wherein existing or new enterprises will be accommodated.

Small-scale Industrialization

A small sized industrial complex of 10,000 pyong (or 3.3058㎡) is raised on Wolmun-ri, Wabu-eup for the factories manufacturing metal and furniture.

Supporting Plans

Support for the small and medium sized enterprises will be increased. The establishment of new enterprises in Namyangju will be encouraged. Financial assistance for constructing Apartment-type factories will be provided. Regulation for aiding small and medium sized enterprises in terms of taxation, finance, and administration will be established.