Community - Jeju Special Self-Governing Province

Safety management towers to be established in m..

2013-05-20

The Korean Ministry and Security Administration recently delivered a series of updated directives for the safety systems of local governments. These include plans for ..

World's first 'Ocean planting day

2013-05-16

The declaration of the world's first ‘Ocean Planting Day’ was made earlier, and is to be held on Jeju island. The First Ocean Planting Day, which was designated a..

Exhibit Jeju Declaration at IUCN head office

2013-05-15

The Jeju Special Self-Governing Province will make the Jeju Declaration, which was adopted for the first time at the 2012 World Conservation Congress, a monument of Je..

A Chinese company called the (즈밍더) Z..

2013-05-21

A Chinese company called the (즈밍더) Zhimingde International Group manufactures and sells health food, and 5,000 employees of the firm will come to Jeju in September on an inc..

FAQ provides answers and questions about the project of a Jeju Free International City.
It would be helpful if you read this cite before you turn to the homepage.

What does a free international city mean?

In the twenty-first century, when the borders become blurred, global companies tend to invest in affluent societies with a good standard of living. In those communities, the principle of a free market economy is applied and institutions are established in order to meet the demand of consumers for education, culture and finance. The concept of a free international city has not been academically defined. It means, however, a space that attracts global companies, minimizes regulations in economic activities in order to enhance the quality of life and guarantees the maximum convenience for the free flow of people, goods and capital and for tax free business activities.