AAIS hosted Korean Free Economic Zone (K-FEZ) delegates from Gyeonggi and Busan-Jinhae regions on 30 Oct 2024, at Seletar Aerospace Park. The delegates were welcomed by AAIS Chief Executive and given a briefing on Singapore’s aerospace industry. The delegates shared about their interest to attract Singapore business investments in their respective regions, highlighting opportunities for activities relating to Aerospace, Drones, Robotics etc.
Busan-Jinhae Free Economic Zone (BJFEZ) is located in Changwon, Gyeongnam province. It covers a total of almost 50 sq km. Targeted sectors include advanced manufacturing (electric vehicle components, marine equipment and robotics. There are also opportunities relating to port and logistics (transportation, cold chain, food, pharmaceutical etc), industry 4.0 and the medical and education sectors.
The Gyeonggi Free Economic Zone (GGFEZ) is a total of over 5 km of land located in three districts around Pyeongtaek Port. Siheung Baegot District is positioning itself for R&D in unmanned ground/underground and aerial vehicles. Pyeongtaek Poseung District is targeting automotive, chemical, electronic industries and Hyeongdeok District is meant for distribution businesses and industry.
We thank KOTRA for facilitating the visit and exchange of information. We invite members to contact AAIS secretariat should there be interest in K-FEZ opportunities.
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