Page 917 - B2B All Year Round Vol.8

The history of JDC

History
continues

History is recorded. The past, present and future of Jeju, a splendid island, are all engraved in time.
The projects of JDC continue to evolve as the time of JDC will be remembered by the land, the sky, and
the sea of Jeju and by us. For the tomorrow of Jeju, the JDC makes every effort to reinforce the foundation
in various fields such as cutting-edge science, education, tourism, and medical care.

Key Project Performance (2019)

■ Advanced Science and ■ Global Education City
Technology Complex
• Attraction and operation of
• Occupied by around 160 companies, international schools (NLCS, BHA,
including Kakao SJA, KIS)
• KRW 3.3 trillion in revenue by the tenant • A total of 4,080 students attend the
companies, 2,648 employees four schools
• Establishment and operation of Jeju • USD 825 billion (accumulated) in
Innovation Growth Center savings from the costs of studying
abroad
■ Shinhwa History Park
■ Designated Duty-free
• Investment of KRW 1.975 trillion Shop
• Complex resorts created 1,649 jobs
• Support the establishment of village • Earned KRW 5.5439 trillion
enterprises near the project site (accumulated) in sales to secure
funds for creating Jeju Free
International City.
• Reinvestment of all proceeds into
■ Public Infrastructure Sector
creating the free international city
• Land donation for Saeyeongyo Bridge • Building a win-win cooperation
• Land donation for Gotjawal Provincial Park system for small and medium
enterprises and social enterprises
History

START JUMP

Inception Leading Core Projects

· May 2002 Established the Jeju Free International · Mar 2010 Completed building Jeju Science Park
City Development Center (JDC) · Sep 2011 Opened international schools NLCS Jeju and
· Dec 2002 Opened a duty free shop for locals KIS Jeju
· Apr 2005 Headquarters relocated to Jeju · Oct 2012 Opened the international school Branksome
Hall Asia

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