"Oiso Ma, We'll Push Boldly" Busan City Launches Investment Attraction Campaign Targeting 700 Companies in the Capital Region
‘Oiso·Hamboiso·Tujahaiso’ Guide Sent on the 20th
Investment Attraction for Manufacturing and Knowledge-Based Service Companies in the Seoul Metropolitan Area
Aggressive Promotion of Busan's Optimal Industrial Base and Investment Environment
[Asia Economy Yeongnam Reporting Headquarters Reporter Kim Yong-woo] Busan City is launching an aggressive investment attraction campaign targeting over 700 metropolitan area companies.
Busan City (Mayor Park Hyung-jun) announced on the 20th that it will start sending investment attraction brochures to excellent manufacturing and knowledge-based service companies in the metropolitan area and enter the competition to attract future growth and development companies.
The brochure includes information on Busan's ▲Investment Environment ("Oiso" to Busan) ▲Industrial Base (Busan Industrial Complex "Hamboiso") ▲Support Systems ("Invest Haiso" in Busan).
The brochure is well organized with details about industrial complexes under development or already completed, providing great help to companies considering relocating to Busan.
Busan City provides local investment promotion subsidies up to 15.3 billion KRW (including national funds) for new or expanded facilities and companies relocating from the metropolitan area.
Additionally, it encourages company relocation and new or expanded facilities by utilizing self-established investment promotion fund subsidies.
Certain industries such as construction and real estate are excluded from support, and detailed information can also be found on Busan City's official website.
While sending the investment attraction brochures, Busan City plans to actively engage in attracting companies wishing to relocate by visiting them directly and providing guidance on support systems.
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Mayor Park Hyung-jun of Busan said, "More than half of IT-related companies are located in the metropolitan area," adding, "The sending of this brochure will serve as a catalyst to activate the relocation of metropolitan companies with high growth potential to local areas, and we will attract companies that can utilize local talent and become new growth engines for Busan."
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