Investment of 44 Billion Won with Private Companies by 2024... Memorandum of Understanding Signed
City Expects to Attract 380,000 Tourists Annually, Create Jobs, and Boost Economic Impact

Park Yoon-guk, Mayor of Pocheon (center in the photo), signed a memorandum of understanding for an investment agreement for the Sanjeong Lake Refresh development project with representatives from three companies, Sam An Co., Daelim Construction Co., and CH Networks Co., at the Pocheon City Hall main conference room on the 3rd. [Provided by Pocheon City]

Park Yoon-guk, Mayor of Pocheon (center in the photo), signed a memorandum of understanding for an investment agreement for the Sanjeong Lake Refresh development project with representatives from three companies, Sam An Co., Daelim Construction Co., and CH Networks Co., at the Pocheon City Hall main conference room on the 3rd. [Provided by Pocheon City]

View original image


[Asia Economy Reporter Ra Young-cheol] Pocheon City in Gyeonggi Province is promoting the establishment of an experiential tourism facility around Sanjeong Lake in collaboration with private companies.


On the 3rd, Pocheon City announced, "We have signed a Memorandum of Understanding (MOU) for an investment agreement on the ‘Sanjeong Lake Refresh Development Project’ with three companies: Saman Co., Ltd., Daelim Construction Co., Ltd., and CH Networks Co., Ltd."


The city plans to invest approximately 44 billion KRW by 2024 around Sanjeong Lake to introduce ▲ a monorail (3.6 km) ▲ a children's experience park (18,000㎡) ▲ two zip wire courses (L course 2.03 km, S course 620 m).


In particular, the zip wire L course will be installed as the longest single route in Korea by linking with the upper station of the Sanjeong Lake Myeongseongsan cable car project, which is currently undergoing permits.


The city expects this project to attract 380,000 tourists annually, create about 390 jobs, and generate an economic ripple effect of 87.1 billion KRW.


The signing ceremony was attended by Park Yoon-guk, Mayor of Pocheon, and the CEOs of the three companies.



Mayor Park Yoon-guk said, “The Sanjeong Lake Refresh Development Project will be actively promoted, and by introducing unique tourism content exclusive to Pocheon, we will leap forward as a key tourism city in the northern metropolitan area.”


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing