Saemangeum Development and Investment Agency
Saemangeum Development and Investment Agency (Korean: 새만금개발청; Hanja: 新萬金開發廳, SDIA) is an organisation under Ministry of Land, Infrastructure and Transport responsible for planning, management and investment recruitment of Saemangeum. It was founded in 2013 and is currently located in Gunsan. The Agency is led by vice-ministerial-level administrator.
| 새만금개발청 | |
 | |
| Agency overview | |
|---|---|
| Formed | 12 September 2013 |
| Preceding agencies |
|
| Jurisdiction | Government of South Korea |
| Headquarters | 466, Saemangeumbuk-ro, Gunsan, Jeollabuk-do, South Korea |
| Employees | 120 |
| Agency executives |
|
| Parent department | Ministry of Land, Infrastructure and Transport |
| Child agency |
|
| Website | SDIA English website |
Unlike many other government organisations which are founded by the Government Organization Act, the Agency is founded by the special law exclusively dealt with Saemangeum project.[1] Hence, the agency solely deals with issues related to and within the Saemangeum area.
It works closely with two organisations under Prime Minister's Office established by the same law, Saemangeum Committee composed of high-ranking government officials and experts and Saemangeum Project Support Bureau composed of bureaucrats.
The Agency is administering the area that was previously managed by Seamangeum Gunsan Free Economic Zone Authority from 2008. The special law re-organised the management of the region and created the Agency whilst the Authority was dissolved later in 2018.
In 2017 the Agency successfully recruited 2023 World Scout Jamboree event in Saemangeum.[2]
Origin of Saemangeum
Saemangeum area is located around Gunsan city, Buan-gun, and Gimje City in the southwestern part of the Korean Peninsula, neighbouring Gochang-gun and Jeongeup City, Jeonju City and Wanju- gun, and Iksan City. 'Saemangeum', the name of this vast area, was named around 1986. Gimje Plain (Rice Fields) and Mangyeong Plain (Rice Fields) combined have been called Geumman Plain (Rice Fields) from ancient times, and the word "Geumman" was reversed to 'Mangeum', added with 'Sae(meaning 'New')' in front, to mean a new land created. SDIA’s working to make sure Saemangeum will become “New golden land”that ushers in a new civilization with eco-friendly environment and green growth encompassing economy, industry, and tourism.[3]
History
- September 2013: SDIA founded under Ministry of Land, Infrastructure and Transport
- December 2018: moved its headquarters to current location in Gunsan
Vision and development strategy[4]
Cross-border-inter-industry Cooperation for mutual prosperity and joint problem-solving
- Transnational economic cooperation special zone formation-> building a cross-border economic community among Korea, China, Japan, etc.
- Global Hub City for Living-Exchange-> Premium City with World- Class Living Conditions, Convergent City to embrace multiculturalism.
- Vibrant Green Waterfront City-> Eco-friendly City with Human and Nature in harmony, Green city with sustainable Advanced Agriculture,
- Consumer Customized Planned City-> Flexible City to reflect demand from investors and business
- Specialized City of Deregulation and Incentive-> Testbed City of Customized Incentives and Deregulation
Distance between Korea and Major Global Cities
Multiple mega cities within a 3-hour flight of Korea: Beijing, Tianjin, and Shenzhen of China selected as the top 15 emerging markets with the highest population growth rate until 2030.[5]
Direct global transport infrastructure from Saemangeum
- Saemangeum New Port begins to open in 2025
- Saemangeum New Airport opens in 2028
- Saemangeum New Port Phase 1 completed by 2030
- Saemangeum New Port Phase 2 completed by 2040
Worldwide FTA MAP: Korea is the world's third largest FTA economic territory and a global free trade hub.
Saemangeum Business Overview[6]
Renewable energy
- Demand expected to increase in line with the government's 3020 policy (total sales: 10 trillion won);
- Renewable energy generation capacity: 3GW;
- Higher return on investment compared to other regions.
Materials and parts
- Materials and parts trade balance grew 18.0% in the past 3 years;
- Korea-China Joint Research Complex for Technology Cooperation;
- Equipped with drones, autonomous vehicles, logistics technology test beds.
Agri-food
- Asia's largest agrobiotechnology valley and a Korean style smart farm industrial innovation hub;
- Agrifood-related government agencies and research institutes relocated to Jeonbuk.
Biotech & cosmetics
- Equipped with customized certification systems and support systems for each export market;
- Overseas consumer confidence in local products expected to grow by Korea Premium.
Tourism and leisure business
- Designation of the Saemangeum and Gogunsangundo area as the West Coast Marine Leisure & Tourism Hub;
- Creation of additional demand from surrounding areas with less developed residential infrastructure;
- Possession of abundant tourism resources.
Global logistics
- Designation as a comprehensive bonded area;
- Equipped with airport, railway, port, and road (Quad Port) transportation infrastructure;
- Expansion of South Asia routes in line with the governments’ New Southern Policy.
See also
References
- "Statutes of the Republic of Korea". elaw.klri.re.kr. Retrieved 2019-08-15.
- "Korea to host 2023 World Scout Jamboree". koreatimes. 2017-08-17. Retrieved 2019-08-15.
- Agency, Saemangeum Development and Investment. "Tourist Attractions > 새만금개발청". www.saemangeum.go.kr. Retrieved 2023-03-31.
- Agency, Saemangeum Development and Investment. "Master plan > 새만금개발청". www.saemangeum.go.kr. Retrieved 2023-03-31.
- Agency, Saemangeum Development and Investment. "Spatial Environment > 새만금개발청". www.saemangeum.go.kr. Retrieved 2023-03-31.
- Agency, Saemangeum Development and Investment. "Business Environment > 새만금개발청". www.saemangeum.go.kr. Retrieved 2023-03-31.
External links
