Welcome to the Virtual Saemangeum website. I am Kim Eui-gyeom, Commissioner of the Saemangeum Development and Investment Agency (SDIA).

Saemangeum has improved its system, including designating it as an investment promotion zone and a specialized secondary battery complex. Through these improvements, the project has provided groundbreaking tax benefits to businesses. Furthermore, it has established key infrastructure for businesses, including the opening of an internal cross-shaped arterial road, the construction of a discharge pipeline, and the expansion of electricity supply.

However, even after more than 30 years since the Saemangeum Project began, it is disappointing to say that the project has not yet achieved the full-scale development and results that the public can perceive.

I believe it is time for Saemangeum to overcome the limitations of past slow growth and truly become a center for balanced national development and a major energy transition.

To this end, we will prioritize three key initiatives.

First, we will promote a major energy transition based on renewable energy sources, such as solar and wind power, and establish a RE100 industrial complex based on renewable energy.
We will leverage abundant renewable energy resources, such as sunlight and wind, and the Energy Highway, which will be completed by 2030, to develop Saemangeum into a global renewable energy hub.

Furthermore, to proactively respond to the global RE100 industrial trend,

we will establish a RE100 industrial complex based on Saemangeum's renewable energy sources and take the lead in enhancing the global competitiveness of resident companies.

Second, to expedite the completion of the Saemangeum Project, we will promote the construction of key infrastructure and prioritize public-led reclamation.

Third, to continuously attract companies, we will strengthen tax benefits and expedite the construction of the infrastructure necessary for corporate activities.

To attract more companies to Saemangeum, we will continue to improve the system by expanding the existing investment promotion zone and strengthening corporate incentives, such as expanding corporate tax breaks.

We will usher in a new era of Saemangeum together with you.

Thank you.