Korean Japanese Chinese  
home > Investment Projects >Investment Projects
Investment Projects
Investment Locations
Free Economic Zones -
National Industrial Complexes -
General Industrial Complexes -
Foreign Investment Zones -
Treasury of Marine Tour, Tour Jeonnam
   3 2007-01-22
Treasury of Marine Tour, Tour Jeonnam

62% of islands and archipelago in Korea are located in Jeollanam-do. Jeollanam-do is emerging as the best investment area for marine tourism in the Pacific Era of the 21st century because it faces Shanghai of China with the Yellow Sea between them.
The tourism industry of Korea in the era that its national income is 15 Thousand USD is gradually growing toward the marine leisure tourism and Jeollanam-do that has gifted natural environment and glorious cultural heritage gets ready for new advancement for the marine tourism era as opening Muan International Airport in 2004, moving to new provincial government and completing Goheung Space Center in 2005.
Jeollanam-do vigorously started attracting the domestic and foreign investment as confirming the master plans for 5 large-scale tourism development sites over 800 Acres with the development of Hwawon Tourist Complex, 7 small and medium-sized development sites, operation of cruise in the South Sea and construction of island resorts.

Tourism Resources of Jeollanam-do

General Conditions

Location
Jeollanam-do is located in the middle of the south-western area and the north-eastern area of Korean Peninsula . In the east, the Sobaek Mountains divides it from Gyeongnam and in the west, the Noryeong Mountains divides it from Jeonbuk.

Natural Environment
The configuration of ground is high in the east and the north and low in the west and the south. The east is higher than the north and the south-west coast forms the ria coast.
The south-west archipelago with small and large gulfs and 1,969 beautiful islands consists of 62% of all islands in Korea .
In addition, the rivers flowing to the south-west and north-west area are divided into three tributaries, such as Yeongsan River , Seomjin River and Tamjin River , and contribute to make fertile farmland as forming the broad granary area in the river valley.

Weather
The difference of temperature is significant because of the coast, islands and inland mountains. While the long coastal lines and broad areas bounded by sea makes the marine climate, the inland mountainous area shows much different climate from areas along the coast and has continental climate.
The average temperature in the south coast area in January is 0 ¡­ 2 . The precipitation varies on areas, and its annual average is 1,200 ¡­ 1,500mm.

Population(in 2001)

Population

No. of Population

No. of Families

Average Family Size

728,937

2.7People

2,104,052


Tourism Resources

National Park (5 Sites)
Dadohae Haesang(Maritime Archipelago) National Park(Largest national park in Korea )
Jirisan National Park (First national park in Korea, 1967)
Wolchulsan National Park (Mountainous national park in the southernmost par of Korean peninsula)
Halryeo Haesang National Park (Prestigious marine attraction in East)
Naejangsan National Park (Baekyangsa, Naejangsa)

Provincial Park(4 Sites)
Duryunsan Provincial Park (Haenam-gun), Jogyesan Provincial Park (Suncheon)
Cheongwansan Provincial Park (Jangheung-gun), Palyeongsan Provincial Park (Goheung-gun)

Beautiful Islands and Muddy Tideland in Dadohae
Dadohae consists of 1,969 small and large islands such as Geomundo, Narodo, Wando, Bogildo, Jindo, Dochodo, Bigeumdo, Heuksando and Hongdo from the sea in front of Yeosu. The coasting such as cliffs and caves with fantastic rocks and stones made by erosion of the sea for a long time is developed. Exuberant subtropical plants create astonishing scenes with mild marine climate.
Natural muddy tideland evenly distributed all over the south-west Dadohae is one of the four muddy tidelands in the world. In particular, according to the recent research, lots of germanium in the muddy tideland stimulates the formation of interferon, substance to activate the living body, and so is effective to suppress cancerous cells, toxic substances and virus.

Celebrated Mountains and Temples

Celebrated Mountains
Jirisan(Gurye), Baekamsan(Jangseong), Baekunsan(Gwangyang), Dalmasan(Haenam), Duryunsan(Haenam), Cheongwansan(Jangheung), Jeamsan(Jangheung), Chuwolsan(Damyang), Palyeongsan(Goheung), Yeongchuisan(Yeosu), Mohusan(Hwasun), Bulgapsan(Yeonggwang, Hampyeong), Geumgoksan(Jindo), Geumseongsan(Naju), Seokmunsan(Gangjin)

Temples
Hwaneomsa(Gurye), Songgwangsa(Suncheon), Borimsa(Jangheung), Dogapsa(Yeongsam), Bulgapsa(Yeonggwang), Baekyangsa(Jangseong), Dorimsa(Gokseong), Muwisa(Gangjin), Seonsamsa(Suncheon), Unjusa(Hwasun), Cheongwansa(Jangheung), Cheoneunsa(Gurye), Taeansa(Gokseong)

Cultural Heritage of Jeollanamdo

Representative Relics
Mahan Gobun(Large burial mound made with soil in Mahan era, Naju)
Jangbogo relic (Military relic from the United Silla that ruled the sea, Wando)
Dr. Wangin's Relic(Birthplace of Dr. Wangin who propagated Buddhism of Baekje to Japan , Yeongam)
Hyangilam(one of the four praying places of Gwaneum. Erected by Wonhyo Daesa(Master), Yeosu)
Goryeo Cheongja Doyoji(Celadon Kiln Site) (Largest site with 183 kilns, Gangjin)

Unique Cultural Heritage of the Southern Area
Food of Southern area representing the taste of Korea
Goryeo Celadon boasting the secrecy of a thousand year
Poetry, calligraphy, paintings and traditional chant evoking the charm of the southern area
First attraction in the visit to the southern area

Unique Tourism Resources only in Jeollanam-do
Construction of Goheung Space Center
(Completion and launch set for 2005. Narodo in Goheung-gun)
Muddy tideland in Dadohae including abundant Germanium(45% of the entire country)
Construction of Yeonryuk and Yeondo Bridge between Yeosu and Goheung
(Connecting 12 bridges set for 2010)
Construction of the road circulating the south-west coast.
(Connecting island to island in the south-west sea and island to land, 550km)
Island tour and theme tour

Projects requiring investment for tourism development

Category

No.

Areas

Size

Total

12 Projects

Large Key
Attraction

1

· Sinan in Jeonnam

980 Acre

2

· Hwawon Tourist Complex in Haenam

1200 Acre

3

· Yeosu in Jeonnam

650 Acre

4

· Goheung in Jeonnam

650 Acre

5

· Sinji in Wando

450 Acre

Cruise

6

· Operation of cruise in the southern coast and construction of recreation town on island

Connecting 5
¡­ 6 islands

Small & Medium Theme Tourist Attraction

7

· Hot spring area in Jirisan, Gurye(Hot Spring Recreation Complex)

450 Acre

8

· Ttanggeuk area in Haenam(Marine Tourist Attraction)

160 Acre

9

· Southern area food delicacy village(Food theme tourist attraction)

150 Acre

10

· Hampyeong, Jeonnam(Ecology Experience tourist attraction)

80 Acre

11

· Mokpo, Jeonnam(Marine resort complex)

57 Acre

12

· Sea water and green tea resort(Culture and recreation complex)

32 Acre


Sinan in Jeonnam( Large Theme Park in the south-west area)

Development Plan
Location : Sinan-gun area in Jeonnam
Dimension : 4,000,000 §³
Project Cost : 500 Billion KRW(100 Billion from public fund, 400 Billon from private capital)
Major Facilities : Golf Course, Food Village for the three food of the world, Mariner, Accommodation, etc.

Environment
Land Category : 4,000,000 §³ (Forests and fields 50%, Rice fields·Others 50%)
Average Land Price : 25,000KRW(per §³ )
Topography : Below 20m MSL-80%

Tourism Resources around the area
Yudalsan, Duryunsan, Heuksando, Hongdo, Mose's Miracle, Hwawon Tourist Complex.
Abundant ecological muddy tideland and marine resources

SOC around the area
Opening Western Coastline Expressway(2001): 3 Hours 30 Minutes between Seoul and Mokpo
Opening of Muan International Airport(2004)
The ring road along the south-west coast is under construction(until 2020)

Investment Type
Jeollanam-do induces large amount of foreign investment through domestic and foreign
consulting and investment meeting and the investors develop the area as establishing the master plans by themselves.

Hwawon Tourist Complex in Haenam( Large Theme Park in the south-west area)

Development Plan
Location : Vicinity of Jugwang and Hwabongri, Hwawon-myeon Haenam-gun
Dimension : 5,084,000 §³
Project Cost : 945.4 Billion KRW(Public Funds:2,250, Private Funds: 7,204)
Major Facilities : Golf Course, Marina, Accommodation, Picnic Park, Corporate Resort, etc.
Principal Body of Business : Korea National Tourism Organization

Milestones
Basic Plan: Nov. 1991
Approval of development plan and implementation of the plan(Ministry of Construction and Transportation) : June 1994
Commencement of land purchase(Oct. 1995, commissioned to Haenam-gun): Completion-46 Billion KRW(94%)
Access road construction for golf course site: (1st) Nov. '00. ¡­ June '02. (2nd) May '02.
Commencement of foundation work and golf course : Dec. 23, 2002.

Tourism Resources around the area
Yudalsan, Duryunsan, Goryeo Cheongja Doyoji, Ttanggeuk, Mose's Miracle, etc.

SOC around the area
Muan International Airport('04), Honam Double-Tracked Railway('04), New Mokpo Outer Port('10)
Movement of new city hall and construction of Namak new city('05), Daebul Free Trade Zone('02)

Investment Type
Korea National Tourism Organization is the principal body of Hwawon Tourist Complex Project. So the private investment is applied by facility
(Tourist Hotel, Golf Course, Condominium, Marine Resort, Shopping Mall, etc.)

Yeosu area, Jeonnam(Key tourist site in Gwangyangman zone)

Development Plan
Location : Vicinity of Yeosu, Jeonnam
Dimension : 2,600,000 §³
Project Cost : 260 Billion KRW(Public Funds:400, Private Funds:2,200)
Major Facilities : Golf Course, Marine Resort, Boat Racing Course, International Conference Hall, Accommodation, etc.

Environment
Land Category : 2,600,000 §³ (Forests and fields: 50%, Rice fields:40%, Others:10%)
Average Land Price : 30,000 KRW/ §³
Topology : Below 30m MSL- 80%

Tourism Resources around the area
Odongdo, Jinnamgwan, Hyangilam, Musulmok, Geomundo, Baekdo, etc.
Graceful scenery in the vicinity of the area as the gateway of Halryeo and Dadohae Marine National Park.

SOC around the area
Completion of Yeosu Airport Expansion('04), Completion of expressway between Mokpo and Gwangyang('07)
Construction of Yeonryuk and Yeondo Bridge between Yeosu and Goheung('10)
Establishment of Goheung Space Center('05)

Investment Type
Jeollanam-do induces large amount of foreign investment through domestic and foreign
consulting and investment meeting and the investors develop the area as establishing the master plans by themselves.

Goheung Area, Jeonnam(Space Experience·Marine Sports Complex)

Development Plan
Location : Goheung area, Jeonnam
Dimension : 2,600,000 §³
Project Cost : 280 Billion KRW(Public Funds:400, Private Funds:2,400)
Facilities for Investment : Golf Course, Marine resorts, Training Center, Accommodation,
Ecology Study Center, etc.

Development Plan
Land Category : 2,600,000 §³ (Forests & Fields:70%, Rice Fields: 20%, Others: 10%)
Average Land Price : 10,000 KRW/ §³
Topology : Flat rice fields and terraced rice fields.

Tourism Resources around the area
Namyeol Beach , Space Center , Palyeongsan, Sorokdo, etc.

SOC around the area
Completion of Yeosu Airport Expansion('04), Completion of expressway between Mokpo and Gwangyang('07)
Construction of Yeonryuk and Yeondo Bridge between Yeosu and Goheung('10)
Establishment of Goheung Space Center('05)

Sinji Area, Wando (Marine Resort)

Development Plan
Location : In the vicinity of Sinri and Daegokri, Sinji-myon Wando-gun(Sinji Beach)
Dimension : 1,860,000 §³
Project Cost : 34.5 Billion KRW(Public Funds: 100, Private Funds: 245)
Facilities for Investment : Camping ground, Nature study center, Pension, Marine recreation facilities, etc.

Environment
Population : 310 residents in 122 houses
Land Category : 1,860,000 §³ (Rice Fields 31%, Forests & Fields 27%, Public Sea: 32%, Others 10%)
Average Land Price(per §³ ) : Farm: 18,000, Field: 15,000, Forests & Fields: 120,000, Plot: 180,000 KRW
Topology : Over 80% below 15m MSL is flat

Tourism Resources around the area
Bogildo, Cheonghaejin, Wando Arboretum, Jeongdori, Gugyedeung, Ttanggeut, etc.

SOC around the area
Gwangju-Wando Expressway('10)
Construction of the bridge between Wando and Sinji(40% completed)

Operation of cruise in the southern coast and construction of recreation town on island

Resorts are built on 5~6 small islands in the south-west coast and cruises run through islands with resorts, Hongdo and Baekdo, for which Mokpo and Yeosu are the starting point and ending point.

Basic plan for cruise operation
Cruise Size: 500 Tonnage, 1 Cruise, 35 Knots(Fast-sailing cruise without accommodation)
Route : Mokpo - Hongdo·Heuksando - Island Resorts(5 ¡­ 6 islands) - Baekdo·Geomundo - Yeosu(running daily or at interval of three days)
Project Cost : About 20 Billion KRW

Basic plan for the construction of resorts on islands
Relevant Islands : 5 ¡­ 6 islands
One each in Mokpo, Sinan, Jindo, Wando, Goheung and Yeosu
Dimension of Islands : 66,000m2 to 165,000m2
Beautiful scenery and easy purchase of lands
Facilities to be built : Villa-type Condominium, Sports Facilities such as Driving Range and Marine Resorts, Mud Field for trial, Fishing Place, etc.
Project Cost : 200 Billion KRW(40 ¡­ 50 Billion KRW per island)
Supports: Docking facilities for cruises, One-stop administrative support

Jirisan Hot Spring Tourist Site, Gurye(Hot Spring Recreation Complex)

Development Plan
Location : Vicinity of Sandong-myon, Gurye-gun Jeonnam(Jirisan National Park)
Dimension : 1,836,000 §³
Project Cost : 667.4 Billon KRW(Public Funds: 306, Private Funds: 6,368)
Facilities for Investment : Hot Spring Complex, Golf Course, Cable Car, Accommodation, etc.

Environment
Population : 100 residents in 25 households
Land Category : 1,836,000 §³ (Rice Fields- 44%, Forests & Fields -43%, Others-13%)
Average Land Price(per §³ ) : 200,000 KRW
Topology : Below 200m MSL- 35%

Progress
Approval of construction plan(March '90.) and Designation as the special tourist area(Jan. '97.)
Construction of tourist site : 175.3 Billion KRW(Hot spring complex, Accommodation, etc.)
Commissioning the examination of feasibility of cable car and environmental influence :
Dec. '00. ¡­ Oct. '01.
Request for the change of the Jirisan National Park plan to install the cableway(Ministry of
Environment) :Nov. '01.

Tourism Resources around the area
Hwaeomsa, Cheoneunsa, Nogodan, Songgwangsa, Seonamsa, Nakaneupseong, etc.

SOC around the area
Jeonju-Gwangyang Expressway('07), Double tracked Jeolla Railway Project('04)
Opening of Godal-Sandong Road('05)

Ttanggeut Area, Haenam(Marine Resort)

Development Plan
Location : Vicinity of Songho-ri, Songji-myon Haenam-gun
Dimension : 645,000 §³
Project Cost : 31.6 Billion KRW(Public Funds: 97, Private Funds: 219)
Facilities for Investment
Hotel, Sea Water Pool, Condominium, Outdoor Theater, etc.

Environment
Population: 717 residents in 237 households
Land Category : 645,000 §³ (Forests & Fields- 77%, Rice Fields·Others- 23%)
Average Land Price(per §³ ) : Farm: 10,000, Rice Fields: 13,000, Land: 25,000, Forests & Fields: 2,000 KRW
Topology : Steep slope in 35% of the land with below 30% slope

Progress
Designation of Tomal tourist site: June '86.
Determination of tourist site construction: Aug. '86. 8(Change of the plan : Dec. '01.)
Implementation of tourist site development project: 16.4 Billion KRW(Condominium, Public Accommodation, Symbol for Ttanggeut, etc.)

Tourism Resources around the area
Hwawon Tourist Complex, Songho Beach, Sinji Beach, Bogildo, etc.
Geographical symbol that means the beginning and end of the Korean peninsular

SOC around the area
Gwangju-Wando Expressway('10)
Connection of the national road 13 and 77.
Southern area food delicacy village(Food theme tourist attraction)

Development Plan
Location : Vicinity of Mokpo, Jeonnam
Dimension : 600,000 §³
Project Cost : 30 Billion KRW(Private Funds: 300)
Facilities for Investment
Formation of the famous restaurant and delicacy village representing the southern area food, Shopping centers, Folk village, etc.

Environment
Land Category : 600,000 §³ (Rice Fields -40%, Land·Others - 60%)
Average Land Price : 25,000 KRW/ §³
Topology : Below 20m MSL - 82%

Tourism Resources around the area
Yudalsan, Heuksando, Hongdo, Wolchulsan, Hwawon Tourist Complex, Muan Lotus Festival, etc.

SOC around the area
Western Coastline Expressway(2001) : 3 Hours and 30 Minutes between Seoul and Mokpo
Opening of Muan international airport(2004)
Double-tracked Honam Railway (2004)
Construction of Mokpo outer port (2011)
Hampyeong, Jeonnam(Ecology Experience tourist attraction)

Development Plan
Location : Vicinity of Hampyeong-gun, Jeonnam
Dimension : 300,000 §³
Project Cost : 30 Billion KRW(Public Funds:50, Private Funds:250)
Facilities for Investment
Muddy tideland ecology aquarium, Modern sea water hot spring, Accommodation, etc.

Environment
Land Category : 300,000 §³ (Forests & Fields -40%, Rice Fields- 40%, Land·Others- 20%)
Average Land Price : 20,000 KRW/ §³
Topology : Flat below 25m MSL

Tourism Resources around the area
Yongcheonsa, Hampyeong Natural Ecology Park, Jasan Auditorium, Hampyeong Butterfly Festival, etc.

SOC around the area
Western Coastline Expressway(2001) : 3 Hours and 30 Minutes between Seoul and Mokpo
Opening of Muan international airport(2004)
Mokpo , Jeonnam(Marine resort complex)

Development Plan
Location : Vicinity of Mokpo, Jeonnam
Dimension : 250,000 §³
Project Cost : 95 Billion KRW(Public Funds:20, Private Funds:930)
Facilities for Investment
Water park, Marine resorts, Traditional hotels, Condominium, Recreation villages, etc.

Environment
Land Category : 250,000 §³ (Forests & Fields -50%, Rice Fields -30%, Land·Others - 20%)
Average Land Price : 10,000 KRW/ §³
Topology : Below 30m MSL - 80%

Tourism Resources around the area
Yudalsan, Heuksando, Hongdo, Hwawon Tourist Complex, Muan Lotus Festival, etc.
Operation of Car Ferries between Mokpo and Sanghai

SOC around the area
Western Coastline Expressway(2001) : 3 Hours and 30 Minutes between Seoul and Mokpo
Opening of Muan international airport(2004)
The ring road along the south-west coast is under construction(until 2020)
Sea water and green tea resort in Boseong(Culture and recreation complex)

Development Plan
Location : Vicinity of Yulpo and Dongyul-ri, Heocheon-myon Boseing-gun, Jeonnam
Dimension : 137,000 §³
Project Cost : 20.8 Billion KRW(Public Funds:76, Private Funds: 132)
Facilities for Investment
Sea Water Swimming Pool, Observation Tower for Sunrise, Family hotels, Sea water woods bathing place, etc.

Environment
Population : 410 residents in 124 households
Land Category : 137,000 §³ (Rice Fields- 50%, Land·Others -50%)
Average Land Price(per §³ ) : Farm: 120,000 Land: 1,000,000, Others: 100,000 KRW
Topology : Flat area below 5m MSL because the areas are adjacent to the sea

Progress
Designating Yulpo Beach as a tourist site : March, '91.
Subcontract for overall tourism development project : S µ¥ . '00. - Feb. '01.
Subcontract for design of supplementing businesses and expansion of sea water swimming pool: Oct. '01. - Dec. '01.
Supplementing businesses and expansion of sea water swimming pool: Dec. '01. - May, '03.

Tourism Resources around the area
Yulpo Beach , Dawon, Borimsa, Songgwangsa, Seonamsa, etc.

SOC around the area
Completion of Mokpo ~Gwangyang Expressway ('07)
Completion of Yeosu Airport Expansion ('04)
New Railway between Mokpo and Boseong ('11)

Administrative Supports

Dear potential investors for tourism development of Jeollanam-do
Jeollanam-do promises the supports as follows.

Cities and counties of Jeollanam-do -
promise the positive administrative supports for the land purchase in the investment area.
promise the supports for sales and rent of national and public lands included in the investment area.
bear the expenses for consulting with the consulting companies that successfully attract investment in our area.
simplify all the administrative procedures to reduce the project period.

Inquiries related to investment
Tourism Development Dept. of Jeollanam-do

TEL : 062)607 - 4762(4543, 4220)
FAX : 062)607 - 6224

[Source : JEOLLA NAM-DO ]