The Ministry of Trade, Industry and Resources will ease location regulations for industrial complexes and the Knowledge Industry Complex. The move aims to reduce corporations' difficulties and expand investment in new and advanced industries.
The Ministry of Trade and Industry (MOTI) said on the 20th that it will preannounce legislation by preparing partial amendments to the Enforcement Decree of the Industrial Cluster Development and Factory Establishment Act, its enforcement rules, and the industrial complex management guidelines.
First, entry into industrial complexes will be allowed for electrical, information and communications, fire safety facilities, and construction businesses. This applies only when installing or carrying out construction for products directly manufactured at the factory. Until now, manufacturers had to set up separate offices outside the complexes to perform construction work, but the eased regulations are expected to reduce corporations' burdens.
The types of businesses allowed to move into industrial complexes and the Knowledge Industry Complex will also be expanded. Reflecting technological trends, the scope of knowledge and information and communications industries will increase from the current 78 to 95. As a result, the entry of new industries into the complexes will be promoted, and it is expected to help reduce vacancies at the Knowledge Industry Complex.
The number of advanced industry categories will also be expanded from 85 to 92. When classified as an advanced industry, the scope for permitting new or additional factory construction in the greater Seoul area will be broadened. The Ministry of Trade and Industry (MOTI) expects that allowing new or additional factory construction even in natural green areas will further invigorate investment in advanced industries.
The government will also allow cultural and sports facilities installed as factory auxiliaries to be set up within industrial complexes if they are opened free of charge to nearby workers and local residents. In addition, cultural and sports facilities and new and renewable energy facilities will be allowed in green zones within the complexes or on closed waste landfill sites whose use has ended. The measures also include allowing cafes and convenience stores to be installed without changing building use.
The Ministry of Trade and Industry (MOTI) said it will continue to refine laws and regulations related to industrial agglomeration so that industrial complexes can grow into core spaces for advanced and new industries and be transformed into spaces where workers and local residents can enjoy culture and leisure together.