Completed the site development for the National Food Cluster industrial complex
2014.3 completed it in the end of 2016
The industrial complex development work, which started in March 2014, is expected to be completed by the end of 2016 with the possibility of starting the construction of the factory. The company is hoping to move into the complex early this year.
The construction of six company supporting facilities in the Korea National Food Cluster is slated to be completed by the end of July in 2016.
The Korea National Food Cluster supporting center is currently being operated in two separate temporary research center at Gwacheon and Iksan. After the construction project is over, the facility will be moved to the industrial complex for operation
* Food Quality and Safety Center, Functional Food Evaluation Center, Food Packaging Center, Pilot Plant, Food Venture Center (Rental factory), and Agency for National Food Cluster
The Korea National Food Cluster industrial complex managing agency will be restructured into the support center
If the industrial complex management agency is moved from the current Korea Industrial Complex Corporation to the support center, it would be possible to provide one-stop support to the resident companies moving into the complex. * <(Tentatively named) the Special Act on Assigning and Operating the Regulatory Free Zone> Enforced after enactment
Movement of foreign companies into the Foreign Investment Zone of the Korea National Food Cluster
Designating a part of the global food zone in the 116,000m² industrial complex as the Foreign Investment Zone (FIZ) (’15.10.12)
Easing the regulations on the hiring of foreign experts for the foreign investment companies in the National Food Cluster
Expanding the foreigner expert hiring limit from 20% to 30% for a foreigner investment companies
* Overseas sales representatives, interpreters, and translators
Developing technology collaborations with participation from food companies by expanding the technical assistance budget
2015 500 million KRW, 2016 800 million KRW
‘Facilitating joint technology research on the functionality, quality and safety, and packaging by securing a technology development support budget of 800 million KRW, which is increased by 300 million KRW than the budget allocation for 2015.
Strengthening the support for corporate PR activities through the overseas investment invitation hall
Supporting product display and sales promotion of the future resident companies by using the National Food Cluster investment invitation hall during overseas investment invitation seminars and expos
Cultivating food industry manpower and providing relevant services
Finding and supporting good food ventures and holding technical presentations