Incheon Yongyu-Muui Area Accelerates Development as an International Tourism and Leisure Hub

Yongyu Ocean View and Muui LK Environmental Impact Assessment Consultation to be Completed Within the Year
Muui Solre Complex Resort to Start Implementation Plan Service in the First Half of the Year

Ocean View Aerial View of Yongyu [Provided by Incheon Free Economic Zone Authority]

[Asia Economy Reporter Park Hyesook] The Incheon Free Economic Zone Authority is taking active steps to develop the Yongyu and Muui areas into an international tourism and leisure hub.

On the 26th, the Incheon Free Economic Zone Authority announced that it plans to complete environmental impact assessment consultations for projects such as Yongyu Oceanview, Muui LK, and Muui Solair Complex Resort within this year.

It will then focus on establishing implementation plans by the first half of next year to revitalize marine culture, tourism, and leisure businesses and to expand infrastructure.

Yongyu Oceanview is a project by Oceanview Co., Ltd. to build hotels and condominiums in the area of San 70-1, Eulwang-dong, Jung-gu.

The Incheon Free Economic Zone Authority has been reducing the development area as suggested for natural environment preservation in small-scale environmental impact assessments and plans to renegotiate with the Hangang River Basin Environmental Office next month.

The Muui LK project, which involves constructing a convention center and condominiums in the area of San 349-1, Muui-dong, Jung-gu, will also reflect the issues raised in the environmental impact assessment by securing additional preservation areas and minimizing forest damage, reducing the development area accordingly, with consultations to be completed within the year.

Additionally, Solair Korea Co., Ltd. has started a service to establish an implementation plan for the Muui Solair Complex Resort project, a leisure and recreation complex resort at Silmido Beach, and plans to apply for approval of the implementation plan in August.

Aerial view of Solre Complex Resort in Muui [Provided by Incheon Free Economic Zone Authority]

Alongside this, the Incheon Free Economic Zone Authority began a project last September with the Korea Research Institute for Human Settlements to establish a development strategy for revitalizing the Yongyu and Muui Free Economic Zone. A master plan is being developed to link the Yongyu and Muui areas with Incheon International Airport, casino complex resorts, and other surrounding facilities, aiming for completion by December this year.

Meanwhile, the Incheon Free Economic Zone Authority is also working to expand infrastructure to alleviate inconveniences for local residents.

For the treatment of domestic wastewater in the Yongyu area, a design service for the construction of a public sewage treatment facility, with a total investment of about 30 billion KRW, is planned to begin in the first half of this year.

Also, with the opening of the Muui Bridge last year and the expected increase in visitors to Hanagae Beach during the summer vacation season, a public parking lot will be constructed at Hanagae Beach with a total project cost of 1.13 billion KRW.

Furthermore, the road expansion project from Geunmuri Village to Hanagae Entrance on Muui Island will be completed within this year, and construction of two roads?Hanagae to Gwangmyeong Port and Hanagae to Hanagae Beach?as well as the Airportseo-ro to Nambuk-ro road in the Yongyu area, will commence within the year.

An official from the Incheon Free Economic Zone Authority stated, "We will do our best to continuously expand various development projects and infrastructure such as roads, sewage pipelines, and parking lots to alleviate residents' inconveniences and to develop the Yongyu and Muui areas into a Free Economic Zone with competitiveness centered on marine culture, tourism, and leisure."

This content was produced with the assistance of AI translation services.