Consent for Extension of Land Use Period at Jinhae Ungdong Complex Tourism and Leisure Complex
Changwon City Council Approves Original Proposal with 26 Votes in Favor and 13 Against
[Asia Economy Yeongnam Reporting Headquarters Reporter Son Tae-seok] The Changwon City Council in Gyeongnam held the 92nd extraordinary session on the 13th and approved the agreement (amendment) for the development project of the Jinhae Ungdong District Complex Tourism Leisure Complex.
On the same day, there was an opposition debate on the 'Consent to Agreement (Amendment) Proposal' submitted to the plenary session, and an electronic vote was conducted.
As a result of the vote, out of 41 members present, 26 voted in favor and 13 against, and the original proposal was approved.
The private business operator, Jinhae Ocean Resort Co., Ltd., obtained an extended land use period of 37 years and 8 months, extended by 7 years and 8 months from the original 30 years.
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Changwon City plans to notify the consent extension proposal as the agreement amendment requires the consent of Gyeongnam Development Corporation, the joint project implementer.
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