Tourism Complex / Development Projects

• 23 Authorized Tourists Complex and Sites are in Development
  
  • Authorized Sites for Development : 14 / Developer Undesignated Sites : 9
    
• 3 designated tourism complexes and 11 tourism sites are under development and partial participation of consortiums is also available
  < Complexes / Sites Under Development >

  Complexes / Sites Under Development

  Tourist Complex / Site		Area	Development Cost (USD)	Business	Development Plan
  Tourist Complex	Jungmun	3,562,000㎡ (880.17acre)	1,741.4	Korean National Tourism Organization	International Tourist Spot
  	Pyosun	526,000㎡ (130acre)	135.8	Mayor of Seogwipo City	Traditional Folk Village
  	Seongsanpo (Partial)	653,000㎡ (160acre) of 4,665,000㎡ (1,153acre)	110	Bogwang Inc.	International Marine Tourist Complex
  Tourist Site	Bangae	1,346,000㎡ (333acre)	179	Hanhwa Resort Inc.	Tourist Site for Families and the Elderly
  	Ora	2,683,000㎡ (663acre)	516	Ju Albatross Inc.	Tourists Resort
  	Hamduk	465,000㎡ (115acre)	107.4	Shinsung Inc, Hamdukri	Tourists Resort
  	Namwon (Phase 1) Namwon (Phase 2)	101,000㎡ (ph1 :25acre) 100,000㎡ (ph2 :25acre)	phase 1 : 25.7 phase 2 : 203	Hanjoo Development Co. Kumho Development Inc.	Marine Garden Resort
  	Tosan	156,000㎡ (39acre)	170	Sunong Inc.	All the Year Round Resort
  	Michungul	95,000㎡ (25acre)	24	Samyoung Tour Co, Ltd.	Family Leisure Complex
  	Sumang	2,391,000㎡ (590acre)	304	Namkwang Construction Industrial Co., Ltd.	Family Resort
  	Yongmeori	254,000㎡ (63acre) of 550,000㎡ (136acre)	36	Seogwipo City, Local residents	Ocean Observatory sites
  	Sehwa, Songdang	2,363,000㎡ (584acre)	1,053.4	Jeju Spa Inc., Jeju Spa Association	Spa Tours Resort
  	Donneko	152,000㎡ (38acre)	11.5	Seogwipo Mayor	Youth Training Education Center
  	Myosanbong	4,665,000㎡ (1,153acre)	900	Enis Inc.	Leisure sports tourist site
  	Gwakji	298,000㎡ (74acre) of 1,113,000㎡ (275acre)	175	Seogwipo city	Tourist Resort
  	Jaereung	862,000㎡ (213acre) of 3,025,000㎡ (747acre)	61	Welfare Medical Public Corporation	Tourist Resort
  Total	16 sites	20,490,000㎡ (5,110acre)	5,753

  • SeongSan Complex :
    
    • Developing the area of 653,000㎡(160acre) from total area of 4,177,000㎡(1,153acre)
  • Gwakji Site :
    
    • Developing the area of 298,000㎡(74acre) from total area of 1,113,000㎡(275acre)
  • Jaereung Site :
    
    • Developing the area of 862,000㎡(213acre) from total area of 3,025,000㎡(747acre)
• Applying for Development of 1 Complex & 9 Sites is Available
  < Developer Undesignated Sites >

  Developer Undesignated Sites

  Tourist Complex / Site		Area	Development Plan
  Seongsanpo Tourist Complex		3,524,000㎡ (870acre)	International Ocean Tourism Resort
  Tourist Site	Songaksan(Mt.)	1,629,000㎡ (402.52acre)	General Tourist Complex for Long Visits
  	Shinheung	125,000㎡ (30.88acre)	Family Tourist Complex
  	Wooboak	2,707,000㎡ (670acre)	Long Visit Tourist Sites-Hands-on Experience
  	Manjanggul	2,528,000㎡ (625acre)	Natural Cave Culture Site
  	Wondong	640,000㎡ (158acre)	Education, culture, sports village
  	Gwakji (Partial)	815,000㎡ (200acre)	General Leisure Tourist Site
  	Jaereung (Partial)	2,163,000㎡ (535acre)	Long Visit Leisure Tourist Site
  	Chagwido	1,642,000㎡ (405acre)	Ocean Leisure Tourism Site
  	Kyorae	504,000㎡ (125acre)	Tourism Sites for Primary and Tertiary Industries
  Total	10 Sites	16,277,000㎡ (4,021.4acre)

  • Various incentives such as tax exemption will be provided if the tourist complex / site are designated as Jeju Investment Promotion Zone.
  • Tax exemption benefits will also be granted based on related laws even before the designation of the site.

 

Source| Jeju Free International City, http://freecity.jeju.go.kr/contents/index.eng.php?mid=05