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Ideal Location for Foreign Investment

Gyeonggi at a Glance
Area

10,183km²
- 10.2% of gross national area (17 times larger than Seoul)
- Area equivalent to 1/4 of Netherlands or 10 times Hong Kong
 
Population (2011)

11,920,340 residents
- 24.4% of total national population
- 380,606 foreign residents (30.1% of national total)
- Largest local government (Seoul is 2nd)
- Economically active population: 6.1 million (24.5% of national total)
 
Climate
August is the hottest month (20ºC to 26ºC)
January is the coldest month (-5ºC to 5ºC)
 
Economic Scale (2011)

USD 199.7 billion (GRDP)
- Equivalent to 45th position among 183 countries worldwide
- Composition of national total (2011): 19%
 
Provincial Government Budget (2007)

KRW 28.8 trillion
-20% of total national budget (KRW 143.7 trillion)
 
Trade Surplus (2006)

USD 3.4 billion
-Export: USD 63.2 billion (13.6% year-on-year increase)
-Import: USD 59.8 billion (16.3% year-on-year increase)
 
Trade Scale (2011)

- Exports: USD 87.6 billion
- Imports: USD 97.9 billion
- Gyeonggi Province ranks first among all autonomies in Korea in terms of trade
 
Foreign Investment (2007)

30% of total national value
-USD 22.4 billion from 128 foreign enterprises
 
ECONOMIC POWERHOUSE OF KOREA
  • Accounts for 20.3% of Korea’s total GDP and 19.4% of Korea’s international trade
  • More than 37,000 small and medium-sized manufacturing enterprises
  • Economically active population of 5.45 million
  • Accounts for approximately one-third of South Korea’s companies, workforce, and manufacturing
  • Home to major Korean corporations including Samsung, LG, and Hyundai-Kia
  • Accounts for more than 40% of knowledge-based industry manufacturing and 50% of related R&D spending in Korea
  • More than 60 universities and 2,800 private R&D institutes situated in Gyeonggi
  • Gyeonggi-Seoul-Incheon Metropolitan Area is home to approximately half of Korea’s total population
  • Access to two airports: Incheon International Airport & Gimpo International Airport
  • Access to two seaports: Incheon Port & Pyeongtaek Port
  • Highly developed road and railway systems: rail links to be developed through North Korea to Asia and Europe
    (Source: Gyeonggi Province, MOCIE, Korea Statistical Office, KOTRA)