Non-ferrous metals cluster and four-season Maritime tourism hub

The EFEZ has rich reserves of nonferrous metals and minerals, which are basic materials for the ultralight material industry. The zone is to host 2018 PyeongChang Winter Olympics. It has created the nation’s largest nonferrous metals cluster and invited a number of leading companies in the related business. Its future prosperity will be based on cutting-edge green materials industries, and an international logistics, using business complex, four-season maritime tourism and the winter sports hub of Asia as leverage.

• Designation Date2013.2.4
• Development period2013 to 2024

Optimal place for nonferrous metals industry

• It has created the nation’s largest nonferrous metals cluster.
• It has rich reserves of nonferrous metals and minerals. All of Korea’s rare earth minerals, 90 percent of its limestone, 50 percent of its dolomite and seawater lithium and 25 percent of its silica stone come from this region.
• It has invited a number of leading companies in the nonferrous metals industry.

Base for tourism and vacation in Northeast Asia

• The area will host the 2018 PyeongChang Winter Olympics.
• It attracted 100 million tourists and generated tourism income of 2.7 trillion won in 2013.
• Thanks to abundant tourism resources, it became the most preferred tourist area in Korea for eight consecutive years.