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At the heart of the growing Asian economy with the direct access to the rapidly growing markets of the Asia Pacific,
Gyeonsangbuk-do offers special advantages for the global businesses searching for strategic investment locations
as we are located in the center of the Asian business environment with efficient logistics system.
1) Overall Convenience
Major cities of South Korea can be reached within two hours by the express train, KTX,
within an hour by air,
and all the major industrial cities lie between two and four hours by car. Regional highway bus
lines and regular train
system supplement the KTX and Airline connections across the nation and between countries.
2) Airways
Three airports-Daegu International Airport, Yecheon Airport, and Pohang Airport-connect the province to
the cities
of Japan, China, Russia, and all the Asian Pacific countries easily as well as Hong Kong and Singapore
while Uljin
Domestic Airport is preparing for the opening.
3) Railroads
Seven railroad lines connect Gyeongsangbuk-do to the rest of the country and will be linked to the Trans
-Syberia
Railway and Trans- China Railway as soon as North Korea opens the gate. Since the bullet train started its smooth
operation, Gimcheon, Gumi, Daegu , and Gyeongju are stimulated more in its cultural and economic activities.
4) Expressways
The province's road network stretches into a total of 10,484 km while Gyeongbu, Jungang and Jungbu Inland
Expressways all run through the province and also to the most area of the country.
Three additional expressways
are under construction.
5) Ports
Pohang Port, one of the major shipping hubs of the Asia Pacific, handles 44 million tons of cargo per year
with its 44
berths. The construction of Young-Il Bay Port is to be completed in 2011. With its new operation,
the annual cargo
handling capacity of Gyeongsangbukdo will reach 76 million tons. |
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