Buan-gun Launches Full-Scale Tourism Development Centered on Gyeokpo Area as Regional Tourism Hub

Decision Made to Develop Gyeokpo Tourist Complex and Invite Private Investors

Location map of Gyeokpo Tourist Development. Source: Buan County

[Buan=Asia Economy Honam Reporting Headquarters Reporter Kim Tae-in] Jeonbuk Buan-gun announced on the 4th that it will actively promote the 'Gyeokpo Complex Tourism Complex Development Project' to develop Buan's tourism industry and revitalize the local economy in preparation for the post-COVID-19 era.

The county believes that nearby local governments such as Sinan, Yeonggwang, and Naju in Jeonnam, as well as Gunsan and Gogunsan Islands in Jeonbuk, and Seocheon in Chungnam, are securing the marine tourism industry in the West Coast area through the establishment of various tourism infrastructures.

On the other hand, the Gyeokpo area, a major tourist destination representing Buan, has been experiencing a downturn as no significant private investment has been made except for Sono Belle Byeonsan (formerly Daemyung Resort Byeonsan), which opened in 2008.

Accordingly, the county plans to create a Gyeokpo tourism complex with multiple functions on a site of approximately 1.24 million square meters in Mapo-ri, Byeonsan-myeon, and is inviting private investors.

The Gyeokpo Tourism Complex Development Project is a project to create a complex tourism complex on the site, including public convenience facilities, accommodation facilities, sports facilities, and leisure and cultural facilities.

The county will accept letters of intent to participate in the project by the 25th, and proposals by December 4th. After evaluation by the proposal review committee, the preferred negotiation partner will be selected by December 11th, and a business agreement is planned to be signed in January 2021.

The county expects that once the project is completed, new tourism infrastructure will be established in the heart of Buan tourism, the Gyeokpo area, leading to the revitalization of the stagnant local tourism industry.

A county official said, "Due to the spread of COVID-19, domestic tourism demand is expanding, and the outflow of tourists is intensifying due to tourism development projects in neighboring areas. Since the Gyeokpo Tourism Complex Development Project is a project that will determine the future of Buan tourism development, we will do our best to select the optimal investor."

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