Free regulation special zone
Free regulation special zone

Designation status

  • Current status of the 1st regulation-free special zone
    Designated date July 23, 2019
    Designated area (Gangwon) digital healthcare, (Daegu) smart wellness, (Jeonnam) e-mobility, (Chungbuk) smart safety,
    (Gyeongbuk) next-generation battery recycling, (Busan) blockchain, (Sejong) autonomous driving
    Termination of regulation A total of 57 regulatory exceptions are allowed, including 43 demonstration exemptions,
    9 menu board-type regulatory exceptions, and 5 quick confirmation exceptions.
    Expected effect Sales : KRW 700 billion / Employment inducement: 3,500 people
    / Business attraction: 400 companies (within 4-5 years of special zone period / estimated by local governments)
    Current status of the 2nd regulation-free special zone
    Designated date Designated date November 12, 2019
    Designated area (Gwangju) unmanned low-speed special vehicles, (Daejeon) biomedical, (Ulsan) hydrogen green mobility,
    (Jeonbuk) eco-friendly vehicles, (Jeonnam) new energy industry, (Gyeongnam) unmanned ships, (Jeju) electric vehicle charging service
    Termination of regulation Termination of regulation A total of 26 regulatory exceptions are allowed,
    including 23 demonstration exceptions and 3 menu board-type regulatory exceptions.
    Expected effect Expected effect
    Current status of the 3rd regulation-free special zone
    Designated date July 6, 2020
    Designated area - New : Busan (Marine Mobility), Daegu (Mobile Collaborative Robot), Ulsan (Genome Service Industry), Gangwon (Liquefied Hydrogen Industry),
      Chungnam (Hydrogen Energy Conversion), Jeonbuk (Carbon Convergence Industry), Gyeongbuk (Industrial Hemp)
    - Added : Busan (Blockchain), Daejeon (Biomedical)
    Termination of regulation A total of 42 regulatory exceptions are allowed, including 41 demonstration exceptions and 1 menu board type regulation exception.
    Expected effect Sales : KRW 1.5 trillion / Employment inducement: 4,390 people
    / Business attraction: 174 companies (within 2-4 years of special zone period / estimated by local governments)
    Current status of the 4th regulation-free special zone
    Designated date November 13, 2020
    Designated area - New : Gwangju (green energy ESS), Ulsan (carbon dioxide resource recovery), Gyeongnam (5G next-generation smart factory)
    - Added : Sejong (autonomous outdoor robot)
    Termination of regulation 7 demonstration exceptions allowed
    Expected effect Sales : KRW 110 billion / Employment inducement : 648 people / Business attraction : 68 companies ('20~'24)
    Current status of the 5th regulation-free special zone
    Designated date July 1, 2021
    Designated area Gangwon (precision medicine), Chungbuk (green hydrogen), Chungnam (carbon reduction construction materials), Gyeongbuk (smart green logistics)
    Termination of regulation 11 demonstration exceptions allowed
    Expected effect Sales : KRW 360 billion/Employment inducement: 467 persons, Entrepreneurship and business attraction: 67 companies
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