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  1. 2008/11/19 [South Korea Gyeonggi-do] Business Capital of Korea

Gyeonggi Province is definitely the heart of the Korean economy.  The proud home of global leaders such as Samsung Electronics, Hyundai-Kia and LG, Gyeonggi continues to lead the national growth and development.
 
Geographic Advantage
- Metropolitan area surrounding Seoul, the capital of Korea: the heart of the Korean Peninsula as well as Northeast Asia
- Tokyo, Beijing, Osaka, Shanghai and other major Northeast Asian cities accessible within a 3-hour flight

Massive Consumer Market
-  Immediate access to the combined populations of Gyeonggi (12 million), Seoul (10 million) and Incheon (2 million) provides endless market opportunities.
-  Direct connections to the markets of Northeast Asia (including China, Japan and Russia) and the region’s 15 billion consumers

World-leading Enterprises
-  Home of world-leading enterprises including Samsung Electronics, LG Electronics, Hyundai-Kia Motors, Hynix and LG Display as well as many top multination firms such as 3M, Bosch and Siemens.
-  One-third of Korea’s small and medium companies and the largest concentration of the nation’s knowledge-based industries.

Outstanding Human Resources
-  Concentration of knowledge based industries provides convenient access to outstanding human resources (e.g. Knowledge-based IT companies (2006): 37.9% of national total)
-  Easy access to high-quality human resources (e.g. 173 graduate schools, 39 under-graduate schools, 38 technical colleges, 2006)
 
 
KEY INDUSTRIES OF GYEONGGI PROVINCE
AUTOMOBILE INDUSTRY DISPLAY INDUSTRY SEMICONDUCTOR INDUSTRY
Gyeonggi Province Production Volume :
1.8 million vehicles
Global Market Share
2006 5.5%
2012 10% (estimated)
Global Market Share
TFT LCD 39%
PDP 56%
OLED 42%
Global Market Share
DRAM 47%
Memory IC 38%
Nand Flash 56%

LEADING INDUSTRIES OF GYEONGGI PROVINCE
Automotive
- 25.5% of Korean automobile/ engine makers
- 22.9% of Korean auto parts production

Electronics/IT
- 45.2% of Korea’s companies (3,302 companies nationwide)
- 45.1% of Korea’s personnel (182,760 employees nationwide)
- 56.1% of Korea’s R&D spending (USD 1.74 billion nationwide)

Biotechnology
- 46.9% of Korea’s companies (429 companies nationwide)
- 60.7% of Korea’s personnel (20,976 employees nationwide)
- 68.6% of Korea’s R&D budget (USD 132 billion nationwide)  
 

the source - http://english.gg.go.kr/renewal/business/capital.htm
2008/11/19 10:45 2008/11/19 10:45

Should you have inquiries regarding Gyeonggi Province in general including usage of site, tour, culture, economy, please leave question and we will do our best for prompt reply.
[an inquiry] Director of Information & Communication 82-31-249-2759


* This is an example of the official international blog of Gyeonggi Province.
* The Korean contents above are supposed to be translated into English, Chinese, and Japanese.
* We plan to organize and introduce selected contents from the existing international website, search websites, and blogs.
* If you'd like to request additional information, please do so by making a post below or on the international website Q&A.


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