Chungbuk, North Chungcheong Province, is the transportation hub of Korea,
offering excellent accessibility as it situates in the country’s central inland zone.
CBFEZ is at the heart of the IT and BT convergence industry, equipped with solar power, semiconductor,
and bio clusters, which highlights as primary next-generation strategic industries.
It is a venue area that is being reborn as the hub of aviation maintenance in Northeast Asia.
Bio-medical hub development in
Northeast Asia
Cultivation of Cheongju International Airport-
Airport-centered convergence aviation industry
Can be reached within 1 hour from the Seoul metropolitan area and 2 hours from anywhere else in the country
7 expressways and 2 longest high-speed railway lines pass through the region connecting to all regions of Korea
Cheongju International Airport, the main airport of the central region, is nearby
The only provincial airport in Korea that operates around-the-clock with cargo-exclusive aircraft landing
Can access to key Asian countries including China and Thailand within 1~3 hours
10-minute distance from the new administrative capital, Sejong City, and 1-hour distance from Pyeongtaek Port and Dangjin Port, the hubs of maritime transportation in Korea
Heavily centralized zone for bio-clusters in Northeast Asia with the presence of the ‘Osong Bio-Health Science Complex’, the only specialized national bio-industry complex in Korea, the ‘Osong Advanced Medical Complex‘, offering the personnel and material infrastructure necessary for the global development of new drugs and advanced medical devices, and the ’OsongHealth Technology Administration Complex‘ that houses 6 major national public health and medical policy institutions including the Ministry of Food & Drug Safety.
The concentration of the 4 major national core research support facilities and bio-medical facilities
Provision of one-stop support for the entire industrial process, ranging from R&D, clinical studies, and manufacturing to distribution through the establishment of bio-infrastructure such as more than 60 biotechnology companies, 120 research institutes, and BT University (with 4 academic departments and 3 colleges).
Houses aviation-specialized companies (RH Focus, Sungwoo Engineering, ENC Tech, and Cascom, etc.)
Cultivation of aviation MRO industry customized personnel (approximately 300 outstanding prospects are produced annually through 5 universities and 1 specialized high school in the province)
The concentration of largest R&D institutions in Korea within a radius of 40km from Cheongju International Airport (International Science Business Belt, Daedeok Research Estate, and Ochang Science Industry Estate, etc.)
National Center for Medical Science Knowledge
Korea
Research in domestic and overseas medical science
knowledge and information resources
COVIDIEN Korea Co., Ltd.
Korea
Company specializing in
medical health
APROGEN
Korea
biopharmaceutical company
Prestige Bio Pharma Co., Ltd
Singapore
promising biopharmaceutical company
More than8900 resident institutions and companies
As of August 2020
The Chungbuk Free Economic Zone Authority will strive to ensure the success of companies
through through the provision of various tax benefits, financial support,
alleviation of regulations, and incentives.
