Wando Marine Healing Corporation, Secures Feasibility for Establishment and Begins Full-Scale Promotion

65% of Local Residents Support, Verification of Current Account Improvement Effect Completed

Wando County held the final report meeting and verification review for the feasibility study on the establishment of the Wando Marine Healing Corporation. (Photo by Wando County)

[Asia Economy Honam Reporting Headquarters Reporter Choi Kyung-pil] Wando County, Jeonnam (Governor Shin Woo-cheol) announced on the 4th that it has secured the feasibility for the establishment of the tentative Wando Marine Healing Corporation for the operation and management of its key project, the marine healing industry, and will proceed in earnest.

On the 3rd, the county held the final report meeting and verification review committee for the "Feasibility Study on the Establishment of Wando Marine Healing Corporation" and received a comprehensive judgment from the Local Public Enterprise Evaluation Institute that the establishment is feasible.

The Local Public Enterprise Evaluation Institute judged that among the three projects commissioned by Wando County, the two projects related to the marine healing industry and Wando Tower, excluding the Wando Swimming Pool, meet the requirements for the establishment of the corporation.

In particular, the marine healing industry was surveyed to have a current account ratio of 89.57%, far exceeding the standard of 50%.

This analysis indicates that the corporation operation method improves profitability more than the direct management method, and it is expected to gain momentum in promoting the marine healing industry in the future.

The Wando Marine Healing Corporation plans to be organized with a total of 51 personnel across three teams: the management support team including the chairman, the facility management team, and the program operation team.

Following the securing of feasibility for the corporation's establishment, the county plans to proceed in earnest with the goal of establishing and launching the corporation by the end of this year, going through procedures such as public hearings to gather residents' opinions, reporting to the council, and enacting ordinances.

In particular, linked with the 2022 Wando International Seaweed Expo, which received international event approval, the county plans to complete staffing before the completion of the Wando Marine Healing Center and strengthen the full-scale operation and promotional marketing of the organization.

Governor Shin Woo-cheol said, "Securing the feasibility of the Wando Marine Healing Corporation is an official recognition of the future development potential of the marine healing industry," and added, "Systematic and efficient operation by professional managers will be a greater stepping stone for the development of the marine healing industry."

The county plans to actively attract private investment along with the establishment of the marine healing corporation to operate public facilities, create a marine healing district, and make further efforts to create jobs and revitalize the local economy in connection with tourism.

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