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Expanding the Free Trade Area to Offer Non-tariff Benefits and Convenient Customs Procedures
Providing a More Competitive Environment for Our Customers
Incheon International Airport’s Free Trade Area consists of the Airport Logistics Complex and Cargo Terminal area, offering customers a more competitive environment with convenient customs procedures, duty-free benefits, and various incentives. Tenants are guaranteed the freedom to engage in manufacturing, logistics, distribution, and trade activities, all while enjoying benefits such as low lease rates and deferred customs duties.
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Maximizing Operational Efficiency for E-commerce Companies Through Global Distribution Centers
Providing Reasonable Policies and Rapid Services
Global Distribution Centers (GDCs) function as international logistics hubs where products from global shippers are stored, sorted, repackaged, and dispatched upon individual order requests. These centers are primarily used by e-commerce companies. Incheon International Airport offers various incentives to logistics companies operating GDCs and works closely with the relevant authorities such as the Korea Customs Service to provide the most reasonable policies and rapid services. Currently, preparations are underway for companies like U.S.-based e-commerce distributor Spaces One and German global logistics company DB Schenker to operate their GDCs at Incheon International Airport.
- Guide to Global Distribution Center (GDC) Project Participation Download
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Implementation of Incentives to Attract Cargo Airlines and Global Corporations
Diverse Incentives in Place
As of 2022, Incheon International Airport is implementing various incentives to attract cargo airlines and global logistics companies. For cargo airlines, landing fee discounts are provided for new routes, night flights, and other specific operations, with reductions of up to 100% for new routes. Incentives are also offered for companies that show an increase in total cargo volume compared to the previous year. Logistics companies can benefit from up to 100% reduction in land lease rates for up to seven years depending on the investment amount, and they are also eligible for incentives if their cargo volume increases compared to the previous year.
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Providing Customized Services for Employees in the Free Trade Area to Enhance Convenience and Safety
Providing Customized Services to Enhance Convenience and Strengthen Safety
Incheon International Airport is dedicated to fostering a mutually beneficial environment with Free Trade Area tenants and enhancing employee convenience and safety. Efforts include the eco-friendly remodeling of aging facilities and expansion of transportation infrastructure to improve working conditions for tenants. In addition, a satisfaction survey is conducted to listen to the practical needs of the field (annually), identify corporate needs, and discover areas for improvement. Communication channels such as operating committees and safety councils are operated (biannually) to establish a foundation for mutual cooperation.
- Incentives Information Download
