Page 614 - B2B all year round_UPDATE 5
P. 614
Public Rental Housing
Public Rental JDC carried forward a public rental housing supply project to stabilize Jeju people's Global English education city is an international education hub that formed Northeast Asia's Global Education City
residence. Focusing on the residents' happiness and convenience the most, it will be a
best education infra with commercial, residential and public facilities with international
Housing stepping stone for Free International City where its residents are delighted. Education City schools at the center. This city provides world-class education service, which leads to
decrease in studying abroad and reducing its expenditure.
Public rental housing blooming happy living space
JDC announced an advance to public housing business in January, 2016, and is now carrying Global Education City with prestigious international schools and sustainable housing solutions
Project Achievements (Dec. 2018)
forward supply of public rental housing. First construction of public rental housing will be in Jeju JDC has successfully invited three prestigious private schools, NLCS (UK), BHA (Canada), and SJA
Science Park. The public rental housing will be built in the site of 48,972㎡ in the first Science 5,236 (USA) from major English-speaking countries, to help Korean students improve their foreign
Park before the first half of 2020, and the residents will move in during the same year. A total of students language skills without leaving Korea. In particular, 92.9% of the first graduates from the schools in
793 households will move in this 10-year public rental housing, and among them, 402 2013 applied to prominent universities with early admission such as Cambridge University in the
households consist of young generations such as workers of the industrial complex, newly- Costs of studying UK, and thus the Global Education City has saved students the costs of studying overseas by 574.7
married couples and university students, and the rest 391 households are houseless people. overseas reduced by billion KRW. In addition, the city has contributed to alleviating educational polarization by operating
574.7 billion KRW scholarship systems and English camps, especially targeting the underprivileged in our society.
Project Overview Facilities for tenants sites selection (by Ministry of Land,
Infrastructure, and Transport)
• Location 717, Wolpyeong-dong, Seogwipo-si , • 402 households of Happy housing for young Jul. 2016 Completion of master plans for the project
Jeju-si (A23, Jeju Science Park) people including workers in industrial complex, Project Guide Project Timeline
• Area Lot Area 48,972㎡, newlyweds and university students Dec. 2016 Conclusion of service contract for the
design and construction management
Building Area 12,465.15㎡ • 391 households of 10-year rental housing for Jun. 2017 Approval of housing construction plans • Location Daejeong-eup, Seogwipo Dec. 2006 Announce English-only town Oct. 2012 Open Branksome Hall Asia International
School
•Project period 2016~2020 houseless people (for Happy House project) • Area 3,791,000㎡ (about 1,150,000 pyeong) construction plan
•Project expense 160 Billion KRW Aug. 2017 Approval of housing construction plans • Business period 2008~2021 Sep. 2007 Announce basic plan for constructing Sep. 2013 Open KIS High School
Jul. 2014 Establish English education center(the
•Future plan Move-in scheduled for 2020 Project Timeline (for 10-year rental housing) • Business expense 1.9256 trillion won Jeju English Education City Ministry of Education) and 119
Dec. 2007 Confirm basic measures for constructing
• Main facilities 7 elementary·middle·high integrated
Feb. 2016 Entered into MOU for housing stability Mar. 2018 Approval of changes to housing national schools, English education center, Jeju English Education City center(Jeju Special Self-Governing
(with Jeju Self-Governing Province, LH, construction plans (for Happy House project) residential·commercial facilities and etc. Jun. 2009 Start construction for site renovation Province)
and Jeju Province Development) Mar. 2018 Commencement of construction (24-month • Accommodate plan A total of 20,000 people Sep. 2011 Open two international schools Oct. 2017 Open SJA Jeju International School
May 2016 Approval of Conference for Happy House project) (around 9,000 students, 4,460 households) (NLCS Jeju, KIS Jeju)
14 15