Welcome to Sancheong

Sancheong, the hometown of Mt. Jiri andthe clean town of traditional Asian medicine.

Investment Support for Foreign Corporations

Move-in Subsidy

  • Support Target : The rate of foreign investment entering into the local area should be at least 1/3 or the largest shareholder should be a foreigner
  • Support Scale : Within 50% of the purchase price of the land

Facility Subsidy

  • Support Target : In cases where factory facilities are newly constructed or renovated within the local area
  • Support Scale : When constructing new facilities of at least KRW5 billion, within 2% of construction amounts that exceed KRW5 billion

Employment Subsidy

  • Support Target : In cases where the number of newly employed exceed 30 and that additional employment is necessary within 3 years from the start of the business.
  • Support Scale : KRW300,000 per person, personnel must be employed for 3 years

Educational Training Subsidy

  • Support Target : In cases where educational training is required in order to newly employ at least 50 domestic citizens
  • Support Scale : KRW500,000 per person within 6 months, personnel must be employed for 3 years