korea,
In the maritime heart of asia
Over the past four decades, Korea's impressive economic growth was part of what has been described as the East-Asian miracle. Intensive growth transformed Korea into the 12th largest economy and trading partner in the world. It was driven by high savings rates and investment and a strong emphasis on education, which boosted the number of young people enrolled in a college or university to one of the highest levels in the world (82.1% in 2005).
During those years, Korea's industrial structure was drastically transformed. Major industries were diversified to include automobiles, petrochemicals, electronics, shipbuilding, textiles and steel products. By applying lessons from centuries of development in the West, Korea was able to make a similar transformation from an agricultural to manufacturing and on to a service-centered economy in just 50 years time.
Located in the southwestern most region of the Korean peninsula, Jeollanam-do Province has natural resources and a well preserved environment including wide plains, rice paddies, the Rias coastline, cristal- clear sea water and abundant marine resources as well as thousands of years of history and unique traditions, cultural assets, and legacies.
In addition, Jeollanam-do province is the best where to investment in which is the centre of China and the circum-Yellow Sea; it is the optimum gateway which connects the continent and the Pacific in 21c owing to its expanded roads, port, airports, etc and excellent abundant human resources and firm peace between labour and management.
The Hub for Pan-Yellow-Sea Economic Bloc and an Advanced Base for Business into the Global Market
This region is a hub, and at the same time it is the primary transit base bridging the continent and the ocean that contributes to the development of the Circum-Yellow-Sea Economic Bloc in conjunction with the Western Korean Coastal Zone and the Chinese Eastern Coastal Area that has been designated as economic special district. This province is now emerging as the Advanced Base to the global market for international trade, cargo distributions, telecommunications and other industrial trade as its infrastructure includes seaport facilities, Seaside Industrial Complex and a World-class Maritime Tourist Resort Complex. These facilities conform to international business standards with busy traffic as well as dynamic exchanges of man power including industry-wide general transactions.