Page 928 - B2B All Year Round Vol.8
P. 928

Implementation status                                              Retirement Community



                                                        Site to attract investment
                                                        Retirement sites invested
                                                         by Greenland Group
                                                                                                 Long-Term Care Town
                                                                                   Specialist Hospital


                                                                                                              Rehabilitation
                                                                                               Healthcare Center  Training Center
                                                                                                       Medical
                                                                                                       Street 6
                                                               Wellness Mall 1
                                                                             Wellness Mall 8
                                                                                        Healing Town
                                                                      Wellness Mall 3
                                                         Recreation                                    Wellness Mall 9
                                                                                                Medical Street 4
                                                                                            Healing Garden
                                                        Condominium 2  Wellness Mall 2
                                                                       Wellness Mall 4            Medical Street 5  Dormitory
                                                                                   Healing Spiral Hotel
                                             Telaso Resort
                                                                            Wellness Mall 5
                                                                                            Medical
                                                              Recreation      Wellness Mall 6  Street 3
                                                             Condominium 1  Medical                  Greenland International
                                                                         service center               Medical Center
                                                                               Water Park
                                                                      Medical
                                                                      Street 1             Medical R&D Center
                                                             Health Science Garden
                                                                                 Medical
                                                                                 Street 2
                                                               Wellness Mall 7
                                                      Meditation
                                                      Center
                 HEALTHCARE TOWN HEALING HILLS                                                                JEJU FREE INTERNATIONAL CITY DEVELOPMENT CENTER     |    19
                       About business                     Expected effects            Implementation history
                     •  Location  Donghong-dong and Topyeong-dong,                  December 2006     Confirmed and announced the master
                      Seogwipo-si                                                              plan for new key projects of the Jeju Free
                                                        •  Attracting foreign                  International City
                                                         investment                 December 2009    Development projects approved for
                     •  Site  1,539,339㎡ (approximately 470,000 pyeong)
                                                                     1.3  trillion won         implementation and implementation plan
                                                                                               authorized
                     •  Project period 2008-2021
                                                                                    November 2010    Jeju Investment Promotion District
                                                                                               designated
                     •  Project costs  KRW 1.5674 trillion                          December 2011    Began the site building work (completed in
                      (Public KRW 218 billion, private KRW 1.3494 trillion)                    September 2016)
                                                                                    October 2012      JDC entered into a business agreement with
                                                        • Production                           Greenland Group of China
                     •  Main facilities  Medical and R&D facilities, shopping
                                                                                    November 2012    Began the construction of Greenland Group
                      malls and accommodation facilities recreation and
                      cultural facilities, sports and entertainment facilities,   5.5285       Project Phase I (recreation condominium)
                      public and convenience facilities, etc.             trillion won         (completed in August 2014)
                                                                                    October 2014      Commenced construction of Healing Town
                                                                                               Land and more facilities as Greenland Group
                     •  Transportation and location                                            Project II.
                      -  Takes about 50 minutes by car from Jeju International      December 2015    A business plan for a foreign medical
                       Airport                                                                 institution (Greenland International Medical
                      - About 5 kilometers from the center of Seogwipo-si  • Employment        Center) was approved (Ministry of Health and
                      -  Hallasan National Park located behind, and                            Welfare)
                       Seogwipo-si and coastal views are available.  32,437         December 2018    The foreign medical institution obtained
                      -  Close to famous tourist attractions such as       people              permission to open (Greenland International
                       Cheonjiyeon and Jeongbang Waterfall, Soesokkak                          Medical Center) (Jeju Special Self-Governing
                       Estuary, Donnaeko Resort, and Jungmun Tourist                           Province)
                       Complex                                                      May 2020      Began the construction of the Medical Service
                                                                                               Center
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