KFEZ PR Center


Find the remarkable issues in Korean industry,
KFEZ briefs and successful stories.

Gwangyang Bay Area (GFEZ)   |  Expansion of Global Network and Investments Expected With WFZO Membership

On June 17, GFEZ (Commissioner Kim Kap-sup) announced that it has become an official member of the World Free Zones Organization (WFZO),
one of the world’s largest free-zone organizations. GFEZ is the fourth free zone in Korea to gain membership, following BJFEZ, DGFEZ,
and IFEZ. The membership was proposed by Pavlodar JSC, a free economic zone of Kazakhstan.

A GFEZ personnel said, “Based on our strengthened ties with fellow members of WFZO, we will lay a foundation for investments in the Gwangyang Bay area,
contributing to regional development by attracting leading international companies.”