05 part 1. Jeju & Investment Incentives Features of Jeju SOC Solid foundation for vibrant economic activity - Sufficient SOC (Social overhead capital) such as airport, seaport, roads, etc. allowing development at its minimal cost Location Central hub connecting to major cities in East Asia - Connectivity to major metropolises in East Asia such as Seoul, Tokyo, Beijing, Shanghai, etc. - Located within 3-hour flight distance to 16 meacities in East Asia, with population of 10M or more. - Tourist city with eco-friendly, natural environment, attracting over 10M visitors per year. Self - governing Province Self-governing Province subject to self-regulation - Designation as a ‘Free International City’, 2002, National Government, Rep. of Korea - Equipped with international-level business infrastructure - Providing incentives, tax exemptions to national/international investors - Guaranteed administrative efficiency with confirmed autonomous right in all areas (excl. national def, diplomacy and justice), and over 4,500 cases of central authority transfers. Environment Natural resources, Clean environment - World’s only region to win three designations in natural science by UNESCO - Containing biogenetic, and natural resources such as subterranean water and volcanic sea water - Carbon Free Island (CFI) 2030 Project - Responding to 100% of electricity demand with renewable energy by 2030 - Replacing up to 75% of registered transportation with eco-friendly electronic vehicles. 2030 CFI
RkJQdWJsaXNoZXIy MTMyNzcxNA==