[1] The Daegu-Gyeongbuk region is home to 5.5 million people and over 13% of the nation’s manufacturers including global conglomerates Samsung, LG, Hyundai and POSCO.
The Daegu–Gyeongbuk Free Economic Zone was designated by the Korean central government on May 6, 2008 with the offices of DGFEZ opening its doors on August 13, 2008.
[4] In April 2011, Samsung LED and Sumitomo Chemical (from Japan) announced plans to invest 460 billion won (approx.
USD425 million) to form a joint venture that will produce LED core materials (Saphire Wafers) in the Seongseo 5 High-Tech Industrial Complex.
[5] Stion (U.S.), a manufacturer of CIGS thin film solar PV cell announced plans to invest $320 million within Seongseo District in the spring of 2012.
[7] Size: 6.47 km2 Location: Gyeongsan City, Gyeongbuk Province Easiapolis is a fashion-based district that combines commercial, industrial, and residential.
Esiapolis houses Lotte Outlet, clothing retailers, restaurants, and other entertainment facilities (CGV Movie Theater) The district also houses numerous Fashion-based R&D/education institutes including Daegu Textile Center (DTC) College of Korea Textile & Fashion Polytechnics (CKTFP), Korea Research Institute for Fashion Industry (KRIFI).
In August 2009, the Korea Ministry of Health selected Daegu as one of 2 cities to house new high-tech medical facilities worth at least 5.6 trillion won ($4.6 billion).
The district is home to an Automobile Park that supplies parts and materials for nearby automotive manufacturers including Hyundai Motors.
Pohang Fusion Tech District will house Fuel Cell research and production, Wind Power, R&D institutes and Enterprises.