"Yangju: A City Where You Can Invest with Confidence"
Laying the Foundation for Corporate Settlement
Up to 80% Loans, Preferential Interest Rates Up to 1.2% Per Year
Support for Construction Costs, Operating Capital, and Customized Financial Services
Yangju City in Gyeonggi Province (Mayor Suhyun Kang) officially opened the door to attracting businesses on the afternoon of the 21st by signing a Memorandum of Understanding (MOU) with the Korea Development Bank for financial support for companies moving into Gyeonggi Yangju Technovalley and Eunnam General Industrial Complex.
Suhyun Kang, Mayor of Yangju (center), is taking a commemorative photo after signing a Memorandum of Understanding (MOU) on financial support for companies moving into Gyeonggi Yangju Technovalley and Eunnam General Industrial Complex with the Korea Development Bank on the 21st. Provided by Yangju City
Gyeonggi Yangju Technovalley and Eunnam General Industrial Complex are scheduled to be completed in phases starting in 2026, and from May this year, the sale of land for logistics facilities will begin, signaling the full-scale supply of customized sites for local businesses.
This agreement was established to ease the financial burden on companies preparing to move in and to support their stable settlement and long-term growth.
Under the agreement, companies recommended by Yangju City will be eligible for a loan of up to 80% of the land sale price, preferential interest rates ranging from a minimum of 0.2 percentage points to a maximum of 1.2 percentage points per year depending on company size and industry, and various tailored benefits through the Korea Development Bank, including loans for construction costs and operating capital.
As a result, companies moving into local industrial complexes will be able to receive even stronger support, and Yangju City is expected to take another step forward as a key industrial hub in the northern metropolitan area.
For more detailed information on the land sale schedule and financial support, please contact the Strategic Investment Team of the Yangju City Self-Sustaining City Division.
A Yangju City official stated, "Creating an environment where companies can invest with confidence is an essential condition for the sustainable growth of the local economy. We will do our utmost to firmly establish Yangju City as a business-friendly city."
A Korea Development Bank official said, "Through customized support tailored to the funding needs of companies, we will help revitalize the local economy and work together to lay the foundation for the growth of regionally specialized industries."
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