Since their introduction in the 1960s, industrial complexes have played a pivotal role in Korea’s economic activity, contributing to increased manufacturing output and export growth. As of 2024, the annual production value generated within industrial complexes reached KRW 1,358 trillion, and more than 60% of the nation’s exports are produced within these complexes. Regionally specialized industries not only enhance the production efficiency of industrial complexes but also have a positive impact on regional gross production and total income. With more than 1,300 industrial complexes and approximately 130,000 tenant companies spread across the country, the quantitative expansion of industrial complexes has significantly contributed to Korea’s economic development.
Recently, the government amended industrial complex-related laws to propose measures for asset securitization by tenant companies. These institutional changes aim to enable companies located in regional industrial complexes to establish mechanisms for asset sales and leasebacks. Going forward, it will be worth watching whether industrial complexes can gain recognition as stable investment assets in the capital market.
