To create world’s premier integrated resorts by attracting the first class Tourism & Leisure facilities.
To establish tourism & leisure complex to promote businesses and improve living environment in the BJFEZ
Investment Environment
Since Ungdong district is located adjacent to Ungcheon and Namsan Districts, synergy effect and higher returns on investment is expected.
Access road to Nammoon District to be completed in Dec. 2014 and the New Port’s 2nd hinterland road and service roads inside the Ungdong logistics area are expected to be completed in 2016 and in 2017.
Places for investment: Ungdong, Ungcheon and Namsan Districts
Major Projects
Ungdong District
Location: Reclaimed land in the Jedeok-dong, Jinhae-gu, Changwon City, Gyeongnam Province
Area : 2,258,000㎡ (557.9639ac)
Project period : 2004 ~ 2018
Project developer : Gyeongsangnamdo Development Corporation, Changwon city
Master Developer : Jinhae Ocean Resort Inc.
Major facilities: Golf course, five-star hotel, artificial beach (water park), sports park, foreign hospital, foreign educational institute, ocean marina resort
Progress
Mar. ‘09: Purchase of the land and public invitation for the business developer
Dec. ‘09: Development agreement with the Yongwon, Muhak-STX Consortium
Apr. ‘10: Establishment of SPC (Jinhae Ocean Resort Inc.)