Created in 2008, the Daegu-Gyeongbuk Free Economic Zone Authority is a special government agency that offers customized facilities and space (manufacturing, R&D, logistics) for companies operating in the Korea and Asia-Pacific market. DGFEZ also provides financial incentives and relaxed government regulations for global companies. The Daegu-Gyeongbuk Free Economic Zone has 8 sites located in the heart of 3 major manufacturing and R&D clusters (Transportation, IT/ Electronics, Medical/Healthcare). Companies are provided with the opportunity to work in a high-quality living and working environment while maximizing synergies with knowledge-based services and manufacturing companies. Specifically, DGFEZ is targeting the following industries: - IT Convergence (Medical Devices, Mobile, Display, Software) - High-tech Transportation Components (Auto, Ship, Aircraft) - Knowledge-based Service (Medical Industry, Education).