Biography

Seoul Digital Industrial Complex

 


The first national industrial complex of Korea to be established in the site of 600,000
(1,982,000) located in the district of Gasan-dong, Geumcheon-gu and Guro-dong, Guro-gu in Seoul from 1964 to 1973 in accordance with 'Export Industrial Complex  Development and Establishment Act'.


Currently, over 1,300 companies are taking up tenancy inside the complex to perform production activities by over 36,000 employees. The major points of 'Advancement Plan for Guro Industrial Complex', as notified by the government in 1997, state that an exclusive complex for venture companies to the scale of 80,000
will be established in Complex 1, while Complex 2 and 3 of 120,000 and 230,000 respectively will be specialized as industrial complexes centered on fashion design, advanced technology and other knowledge based industries, thus the entire complex of 600,000 will be rearranged as a digital industrial complex with high competitiveness by 2006. It will be actively promoted to induce independent business-type conversion or substitution entry by private companies whilst guaranteeing production activities of the existing tenant companies to the maximum degree.

Particularly, for the purpose of inducing venture industries with technol9ogical renovation, of which rapid development as the concentrated business field for the 21st century is expected, 80,000
out of Seoul Digital Complex (formally Guro Complex) is designated for Techno-Park, for which a systematic device is to be prepared to enable private individuals to utilize exiting factories, thus directly involving themselves in construction of venture complex. It is also planned for redevelopment and improvement as an environmentally friendly industrial complex. For companies taking up tenancy inside the venture complex, various administrative, financial and tax related supports as well as expanded convenience facilities to workers will be provided.

As the phase 1 in venture complex establishment project, Korea Industrial Complex Corp. has constructed 'KICOX Venture Center', the intelligent building of 8,198
in total floorage structured in 3 underground as well as 15 ground floors, to provide service from specialized supporting organizations of legal, tax, accounting, patent and business management consulting fields, etc. as well as various public convenience facilities and foundation for information super-highway, thus to provide optimal business environment for venture companies, leading the way in changing Seoul Digital Industrial Complex as the venture-IT centered composite information industry complex.

By 2006, in which the plan for advancement is due for completion, Seoul Digital Industrial Complex will be reformed as the newest industrial complex centered on venture business research & development and the latest information & knowledge industry. Thus, as the largest scaled manufacturing business oriented venture valley of Korea, it is anticipated to being forward another heyday of Korean economy to surpass the 'Miracle of Han River' of the past.

 

Purpose and features

Venture company and large company R&D center of  
information and intelligence, and high-value added industry.  
Under constructing of the venture center.

Project initiator

Korea Export Industrial complex /  
Korea Export Industrial complex(Seoul office)

Location

Guro-dong, Guro-gu, Seoul located around Siheung road  
and Nambu road (Complex 1),  Gasan-dong Geumcheongu  
(complex 2,3)

Topography and
ground

Low down land

Annual average
climate

Temperature: 13.2  
Rainfall: 1,733.1  
Rain days: 97days  
Humidity: 65%  
Max wind: Northwestern

Designated area

Apr. 15 1964 Specified the complex 1(MOCT Notification No. 528), 
Oct 28 1967 designated the complex 2(MOCT Notification No. 715),  
Jan. 5 1970 Designated the complex 3(MOCT Notification No 1)

Construction period

1965  1974

Area

Total area

Total area: 1,981,000    
Industrial facility area: 1,504,000    
Supporting facility area: 134,000   
Public facility area:  343,000

Sold area

 Total area: 1,638,000    
Industrial facility area: 1,504,000    
Supporting facility area: 134,000  

Unsold area

Sale completed

Minimum
area for sale

Industrial facility area: 4,959

Sale price

Industrial facility area(in 1965): 908,000 won/  
Supporting facility area: 908,000 won/

Payment method

Sale completed

Land
price

Official land
price

Industrial facility area: 860,000 won/       
Supporting facility area: 877,000 won/

Transaction
land price

Industrial facility area: 877,000 won/       
Supporting facility area: 908,000 won/

Over-
view
of
tenan
com-
panies

No. of
companies

Resident companies: 1.236   Operating companies: 929

No. of
employees

36,561 persons(male: 24,489, female 12,072)

Production,
export

Production: 4,170.6 billion won(100% to the previous year)  
Export: USD 1,073 million (99.7% to the previous year)

Classification of business

Type

Total

Food

Tex-
tile

Tim-
ber

Petro-
che-
mical

Non-
metal

Steel

Elec-
tron

Trans-
port

Other

Opera
ting
Com
panies

 929

 6

 89

 116

 32

 2

 267

 352

 15

 50

No. of
employees

 36546

 131

 6603

 5083

 1479

 33

 5621

 13908

 1066

 2622

 

Surrounding
area

8,265 companies in Geumcheon-gu Guro-gu(78,401 persons)

Surro-
unding
environ
ment

Roads

Expressway:  
Seoul-Busan Expressway Yangjae IC(20),  
Jungbu Expressway Sangil IC(35), 
Seoul-Incheon expressway(7),  
Seoul-Incheon expressway (5)  
 
Roads:  
Siheong road(DaebangdongGurodongSeoksu) 
Nambu road(Gimpo airportGurodongGarakdong)

Railroads

Seoul Staton(20), Seoul-Busan line passing the complex  
Subway: Seoul-incheon line Guro-station, Garibong station,  
Guil station, Subway Line No. 2 - Guro complex station

Air
transpor-
tation

Gimpo Airport(15) Incheon International Airport

Harbor

Incheon harbor(28) Simultaneous approach of 25 ships  
Loading capacity 39,081,000 ton, freight ships 58 ships

Water supply

Water source: Gayang water service, Seoul water service for  
domestic  
water Supply: 26,000 ton/day,  
Quantity consumed: 16,000 ton/day

Waste water

Gayang sewage treatment plant

Electricity

Route:  
Incheon Heat Station  Gwangmyeong Yeongseo Substation  
 Complex Substation  Companies  
 
Supply: Power 154   Capacity 60,000A/day

Communi-
cations

35,971 circuits 
(29,719 telephone circuits, 52 ISDN, 6,200 exclusive circuits)

Information

- Seoul Government Internet URL : 
http://www.metro.seoul.kr/ 
- Guro-gu Internet URL:      
http://www.guro.seoul.kr/  
- Geumcheongu Internet URL:  
http://www.geumcheon.go.kr/  
- KICOX Internet URL:        
http://www.kicox.or.kr/ 
- Korea Digital Industrial Complex Internet URL:  
http://www.kordic.net

Industrial
waste

Consignment treatment

Energy
supply
facility

Gangnam City Gas  
(Capacity: general use- 1,079,000
, industrial use- 80,000)

Labor force

Back city:  
Guro-gu (population: 405,000 persons),  
Geumcheon-gu (population: 268,000 persons)  
 
Educational Institute:  
21 middle schools with 23,114 students and 9 high schools with  
14,041 students 
 
Industrial Manpower Training Institute:  
6 technical high schools(6,984)  
 
Facilities based on housewives: 59 kindergartens with 5061 students

Wages

Monthly Average Wage of Manufacturing Industry in Seoul:  
Approximately 1.31 million won

Labor
management
relations

labor union companies: 44 companies (4,128 persons)  
(FKTU 35companies(3,347), KCTU 9 companies (781)

Logistics &
distribution

Tool store: Large sized tool store in Guro-dong Siheung  
Freight terminal: Seobu terminal located in 7 km from complex

Major
supporting
organization

Industrial activity supports institution:  
KICOX, Guro tax office, Production technology R&D center,  
fire station, Office medical insurance, Gwanak local labor office,  
police office, post office  
 
Industrial activity educational institution:  
Industrial career center 9 parts  
(operated by Production technology center)  
 
Financial institution:  
Industrial bank of Korea, Kookmin Bank, Korea Exchange Ban,  
Hana Bank, Hanvit Bank

Urban living
environment

Medicine:  
3 general hospitals, 4 hospitals, 248 clinics, 150 dentistry,  
81 herb hospitals, 2 health centers  
  
House:  
Apartments in Guro-dong (124,961 households), 
Apartment for the single people in complex (160 households),  
Welfare apartment (800 households)  
- Prices: Apartment of 24 pyeong -  
100 million won for rent, 90 million won 160 for sale

Regional
economy

Converting the manufacture-focused complex into R&D and  
advance intelligence industry.  
Converting 80,000 of complex 1 into Techno-park  
(Financial independence rate of 46%)

Condi-
tions
for
tenant
com-
panies

Business
types

All companies under Korea Standard Industry Classification 
(based on middle classification)

Qualification

Company which is eligible to a qualification of Article 6 of  
Enforcement Ordinance  
[Law on Industrial arrangement and factory establishment]

Limitations

Non-eligible company of industrial complex such as company  
which consumes much water and requires excessive area

Entry procedures

Submission of Application form  Examination of business plan  
 Contract

Possible date of entry

Sale completed (any time)

Bene-
fits

tax

Exemption of acquisition tax and registration tax  50% decrease  
of property tax and integrated land tax for 5 years  
(at first acquisition)

finance

KICC support fund  
[Inquiry: Division of Corporate Assistance,  
 Industrial Complex Corp 02) 6300-5610/7 ]  
 
- Support limit of Industrial technology development fund:  
within 5 billion won, 5 years installment repayment with  
3 years grace period. Annual interest rate of 6.1%  
- upport limit of industrial base fund:  
within 2 billion won. 5 years installment repayment with  
3 years grace period. Annual average interest of 5.5%

Application /
document form

For Transfer moving-in:  
Application form, business plan, copy of business registration,  
Certificate of transfer report  
 
For Lease:  
Application form, business plan, copy of business registration,  
Certificate of lease report

Contact point for entry
application and tenant
companies

Seoul: KICOX Corporate Renovate Support Center      
Address: (152 - 050) 188-5(KICOX venture center) Guro-dong,   
             Guro-gu, Seoul               
Telephone: (02) 6300 - 5611/7  FAX: (02) 6300 - 5690  
 
Region: KICOX Gyeongin headquarter, Seoul Branch Office   
Address: (152 - 053) 188-5 Guro-dong, Guro-gu, Seoul 
Telephone: (02) 6300 - 5611/9  FAX: (02) 6300-6520 

 

 

 

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