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Gyeonggi-do and GBC Istanbul

Gyeonggi-do and GBC Istanbul

Gyeonggi-do's Headquarters in Turkey

In today's blog, we will inform you about the Gyeonggi-do region, which we represent as GBC Istanbul, on various issues related to industry, tourism and other issues. Also, as GBC Istanbul, we represent the manufacturers in the Gyeonngi-do region, we will talk about the role of GBC Istanbul in general, its work and activities for the companies in this region, and then its importance for this region. Then we will finish our article by giving touristic information for our readers who want to visit the Gyeonngi-do region.

Gyeonggi-Do as Business Area

As it is known, South Korea is a really developed country in terms of technology and industry. When we look at the awareness of the brands in South Korea, we come across giant companies and we can see the significant activity of other developing companies besides these companies. As examples of these companies, we can show many important companies such as Samsung, LG, Hyundai, Kia Motors, SK Group, Banila Co. The capital city of Seoul, which is located in the Gyeonngi-do region, and also Suwan, home to headquarters of most of the companies mentioned above in Gyeonggi-do, South Korea. Having said that, it can be seen the contribution of South Korea to the world business volume in Technology, Industry, Cosmetics and Beauty Products and many other fields. 

Considering these, when we look at the business volume of the Gyeonngi-do region, we can say that South Korea hosts more than 25% of the business volume, and in this sense, it is one of the important business and trade centers of the world. The Gyeonggi-do region is the heart of the Korean economy and has the highest GRDP of any other province on the South Korean peninsula. Additionally, it has the fastest annual GRDP growth rate when compared to other provinces and even Seoul Special City. The industry is evenly distributed across the province and consists of large companies such as Suwon Samsung Semiconductor, Hyundai KIA in Uiwang, Paju's LG Corporation LCD Complex, Icheon's SK Hynix. Gyeonggi-do is not only the center of the Korean economy and industry, it is also one of the best places to invest, as it has an economically active population of 7.29 million and there are more than 38,000 factories in the area.

GBC Istanbul ve Gyeonngi-do

As GBC Istanbul, we are the Turkish representative of GBSA (Gyeonngi Business and Science Administration) and we are in contact with approximately 70,000 small and medium-sized companies in the Gyeonngi-do region. More than 38,000 of these companies are manufacturers and host manufacturers from every field of industry. As GBC Istanbul, the manufacturers who want to export in the Turkish market and work with long-term partner companies apply to us every year. We evaluate companies by taking into account many criteria such as companies' working areas, capacities, necessary documents and papers, economic and market conditions of Turkey. As a result of the evaluation, we are a pioneer in healthy and long-term partnerships for both them and Turkish companies by signing contracts with companies found suitable for the Turkish Market and conducting their promotional and business activities in the Turkish Market.

We contribute to the development of the business volume between South Korea and Turkey with our role in the recognition of the companies under our structure and their recognition and meeting with partner companies. With the Free Trade Agreement (FTA) signed between the two countries, we are signing business agreements between South Korea and Turkey without paying additional taxes and costs. Furthermore, with the large-scale organizations and meetings we organize, we bring Turkish companies together with Korean companies in line with their wishes and needs by removing language barriers without any charge. In line with our activities, we report to the institutions and organizations we are affiliated with and host high-level representatives in our office in Istanbul. In addition, we show the sample products we obtained from the companies within our structure to the Turkish companies here, so that they can get ideas. 

In addition to the activities mentioned above, we contact the companies in South Korea and also help the companies in Turkey to meet their requests and needs related to South Korea. As GBC Istanbul, we support the special bond between the two countries and the friendship and business partnership between the two countries with great care and devotion, since we are a state-supported organization.

Gyeonggi-do and Tourism

The fact that Seoul, the capital of South Korea, is in this region, and in addition to this, naturally, the Gyeonngi-do region, together with other cities, is also worth seeing in terms of tourism. In Gyeonngi-do area, you can visit many beautiful places like the Historical City of Suwon, Calm Morning Garden and Seoul Grand Park and try Korean Traditional Dress and Food. Getting to know Korean culture and history closely, we can say that the Gyeonngi-do area will guarantee you to be satisfied in many ways!

By Abdullah Yayla

Sources:

gyeonggido-korea.com/2020/01/about-gyeonggi-do-future-of-korea.html

vizem.net/guney-kore/yasam/markalar

boboandchichi.com/gyeonnggi-province-korea

datakorea.datastore.or.kr/en/profile/geo/gyeonggi-do

nationalatlas.ngii.go.kr/pages/page_856.php

  • Feel free to contact us for more information about Gyeonggi-do Region and GBC Istanbul and for cooperation opportunities.