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South Korea’s Chungbuk Free Economic Zone: Asia’s Fastest-Growing Biotech Powerhouse

South Korea’s Chungbuk Free Economic Zone: Asia’s Fastest-Growing Biotech Powerhouse
Panoramic view of Osong Bio Valley. Chungbuk Free Economic Zone
James Kim
10/2/2025|Updated: 10/2/2025
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In just a few years, South Korea’s Chungbuk Free Economic Zone (CBFEZ) has emerged as a formidable force in biotechnology, drawing significant global investment and driving innovation. Located in Osong, the zone consists of four major districts: the Osong Bio Valley Biomedical District (1,131 km²), the Bio Polis District (3,284 km²), Cheongju Aeropolis District I (0.134 km²), and District II (0.407 km²). In particular, Osong Bio Valley is being developed into one of the most high-density, advanced biotech clusters in Asia.

James Kim
James Kim
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