The best Side of Myungji(명지룸) International City

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Gwangyang absolutely free economic zones was selected in October 2003, based upon the government?�s plan to acquire the area as a company stronghold from the Northeast Asian area. By advantage of its area at the middle of maritime logistics within the Northeast Asian area, GFEZ has the industrial infrastructure plus a aggressive edge.

Once the village is proven, it is predicted to further raise the world brand worth of the Myongji district by revitalizing world wide cultural exchanges and expanding the foundation for international education.

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To top rated website it off, it is claimed that MyungJi International New City is expected to be an international enterprise city that signifies Korea as well as a world-course tourist attraction as Busan is intending to build Distinctive initiatives in the area which include the construction of a landmark park and designation of the Exclusive building space.

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The arrangement aims to make a "British Cultural Village" centered over the Myongji District, such as residential facilities reflecting British architecture, cultural services for instance British streets and performance and exhibition spaces, and industrial services that deliver UK-particular merchants and overseas professional medical services.

"We assume that MyungJi International New City will enrich its excellent to be a 'luxurious international small business city' by the event of a distinctive and symbolic city identify and noticeably add to attracting world wide company expenditure," explained Suh Byung-soo, mayor of Busan,

Supported by the different deregulation and support policies, Gwangyang totally free economiczone has developed into a positive natural environment for firms and it is considered being the forerunner with the Korean cost-free economic zones.

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