Geobung Group Confirms Plan to Establish Large-scale 'Rakheeman Medical Convergence Town' in Suncheon Sindae District

[Asia Economy Honam Reporting Headquarters Reporter Lee Hyung-kwon] Geobung Group (Chairman Baek Yong-gi), which operates businesses related to medical care, education, trade, eco-friendly industries, bio, and services under the management philosophy of ‘a company dedicated to the common prosperity of humanity,’ announced on the 24th that it will hold a confirmation briefing session for the ‘Rakheeman (樂喜滿) Medical Convergence Town’ development plan at the Suncheonman Ecological Culture Education Center in Suncheon City on the 26th.

The ‘Rakheeman Medical Convergence Town’ will be established on a 17,000-pyeong (approximately 56,200 m²) site within the Suncheon Shindae District, with a total floor area of 92,000 pyeong (approximately 303,700 m²). It will include a 1,000-bed general medical institution, a super-luxury meditel with 600 rooms, a bio R&D center, and a healing forest.

This project is expected to present a new future vision as Korea’s first medical convergence town, equipped with top-level facilities and services that meet the medical tourism demands of both domestic and foreign visitors, and harmonizing various cultural contents such as culture, arts, performances, and exhibitions.

Additionally, the ‘Rakheeman Medical Convergence Town’ project will involve a total investment of 1.75 trillion KRW, expanding tax revenue by approximately 60 billion KRW, creating about 21,000 new jobs in the local community, and inducing population growth, thereby greatly contributing to revitalizing the regional economy. It is also expected to become a new landmark.

Geobung Group Chairman Baek Yong-gi stated, “Three years ago, I became aware of the urgent need for medical institutions in Suncheon. While preparing this project, we engaged a group of top experts in design, medical care, hotel, and architecture fields, involving about 5,000 people in total. I spent a deep period of contemplation to repay the citizens of my hometown, Suncheon, with the finest masterpiece that inspires and amazes.”

He also said, “The ultimate goal of the ‘Rakheeman Medical Convergence Town’ is to create a space that presents the paradigm of future hospitals: a place where healthy people come to become healthier, a space where medical care and cultural arts coexist, a space as a sufficient condition for life, and a space that encompasses all of these.”

Since signing a business agreement with Suncheon City (Mayor Heo Seok) on June 22 last year to promote the Suncheon Shindae District project, Geobung Group has been in-depth consulting with the city on detailed plans.

A Suncheon City official stated that the city will spare no administrative support it can provide to ensure the successful establishment of the Shindae District ‘Rakheeman Medical Convergence Town.’

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