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Background |
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Because of the
globalization of the world¡¯s economy,
there is an urgent to
host international industries,
superb educational facilities
and By
appointing the Busan-Jinhae area
as a free economic zone, we will
develop the designated land to
fit all those demands.
We plan to develop the New Port
area into a key point for marine
logistics and to create an
environment ideal for business,
leisure and living needs.
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The
presence of major
economic blocs (such
as the EU, ASEAN,
NAFTA, FTA), the extension
multinational enterprises,
and severe competition
among regions/cities. |
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An
exploding Chinese
economy which is beginning
to serve as a model
for other developing
nations. |
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A
stagnated national
income of $10,000
per head post-1995
resulted in the "Nut
Cracker phenomenon,"
thus limiting Korea's
progress toward becoming
an advanced country
as figures regressed
from the black to
the red zone in international
trading. |
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The
key position for new
industry because of
weakened the international
competitive power,
emptied manufacture
industry, and increased
power. |
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China
has opened the door
by constructing several
special economic zones
such as Shenzhen,
Zhuhai, Shantou, and
Amoy in 1979, Shanghai
in 1984, Pudong in
1991, and Hong Kong
in 1997. |
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¡Ø
Pudong is a good example
of Chinese Industrialization.
With a population
of 1.5 million, it
was able to successfully
gather foreign capital. |
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Singapore
introduced "Industry
21" in 1998 as
a way for achieving
global hub of knowledge-based
industry. |
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In
2002, Taiwan made
plans for developing
two major industries
(digital contents
+ ultramodern technology)
at the cost of 2 trillion
Yuan in 2002 and has
designed a strategy
for attracting the
headquarters of 200
multinational enterprises
by the year 2011. |
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Japan
has promoted the establishment
of a special economic
zone since 2002. |
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