Wando-gun Secures 6 Billion KRW in National Funding for Multi-purpose Parking Lot Development

Expecting Smooth Traffic Flow and Safe Passage for Residents

Temporary Parking Lot Established After Demolition of Wando Cheonghae Market Building (Photo by Wando-gun)

[Asia Economy Honam Reporting Headquarters Reporter Choi Kyung-pil] Wando County, Jeonnam announced on the 6th that it applied for and was selected in the regional revitalization contest project promoted by the Ministry of Land, Infrastructure and Transport due to the need for a multipurpose parking lot in the Wando-eup downtown area, which will help alleviate traffic congestion and other inconveniences for residents.

The county will purchase land and buildings of two parcels (3,818㎡) including Cheonghae Market with a project cost of 6 billion KRW (entirely national funds) by next year to create a multipurpose parking lot.

The location where the multipurpose parking lot will be established is the downtown area where Wando Post Office is located. Due to the lack of parking spaces, there had been significant inconvenience for vehicle and resident traffic, and this project is expected to help relieve traffic congestion and resident inconvenience.

This year, the county plans to create a temporary parking lot with 60 parking spaces by purchasing the Gunnae-ri Gateball Court and Cheonghae Market buildings and land, and next year, it plans to purchase the land at Gunnae-ri 782-72 to build a parking lot.

Shin Woo-cheol, Wando County Governor, said, “We will carry out the multipurpose parking lot project without delay to ensure smooth vehicle flow and safe passage for residents, and we will continue to strive to improve the parking environment.”

Meanwhile, Cheonghae Market opened in 1983 but has gradually lost its market function, and the building became old, so Wando County purchased it last February.

The landowner of Cheonghae Market is Kim Jin-seon, CEO of Korea Karaken Co., Ltd. The site (625 pyeong) is a prime land adjacent to the four-lane Jungang-ro, but he also allowed it to be used free of charge as a parking lot and gateball court for the residents.

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