○ GGFEZ holds investment briefing for members of the American Chamber of Commerce in Korea (AMCHAM)
– Features and advantages of key GGFEZ districts highlighted: Poseung (BIX) District and Hyeondeok District in Pyeongtaek, and Baegot District in Siheung

The Gyeonggi Free Economic Zone Authority (GGFEZ) announced that it hosted the “AI Seminar and Investment Briefing” on August 26 at the Conrad Hotel in Seoul, in collaboration with the American Chamber of Commerce in Korea (AMCHAM) and The Korea Times, targeting U.S. companies.

At the briefing, the focus was on highlighting the characteristics and investment advantages of three key districts: the Poseung (BIX) District, Pyeongtaek City, as an eco-friendly future mobility production cluster; the Baegot District, Siheung City, which is being developed into a hub for land, sea, and air unmanned vehicles as well as a medical-bio cluster; and the Hyeondeok District, Pyeongtaek City, envisioned as a hydrogen economy city with a global residential environment.

In line with the shift toward a data-driven economy, the event also presented tailored investment approaches for each district, along with various incentives such as tariff, acquisition tax, and property tax reductions, as well as one-stop administrative support services for businesses.

The GGFEZ also introduced new project scales and development concepts in the cities of Goyang and Ansan as part of efforts to expand the designation of the free economic zone.

The event opened with a message from President Lee Jae-myung, delivered by Lee Kyu-yeon, Senior Presidential Secretary for Public Communication, and was attended by National Assemblyman Maeng Sung-kyu, Chair of the Land, Infrastructure and Transport Committee, as well as James Heller, Deputy Chief of Mission at the U.S. Embassy in Korea.

Notably, Ryu Young-sang, Chief Executive Officer of SK Telecom, and Victor Gustav Gao, Chief Communication Officer of the Carlyle Group, delivered keynote lectures on “Global AI Competition: Korea and the Technology-Driven Economy,” and also took part in a panel discussion on “AI in Industry: From Manufacturing, Finance, and Commerce to Semiconductors and Chatbots—Building a Sustainable AI Ecosystem.”