Large-scale Tourism Complex to be Developed in Seocheon, Chungnam by 2026
[Asia Economy (Hongseong) Reporter Jeong Il-woong] A large-scale tourist complex will be developed in Seocheon, Chungnam by 2026.
On the 8th, Chungnam Province announced that it signed a memorandum of understanding (MOU) with Seocheon County and Sae Seoul Group regarding this matter.
The MOU was signed with the main purpose of Sae Seoul Group developing a year-round stay-type tourist complex on a 3.8 million㎡ site in Jongcheon-myeon, Seocheon County.
The area of the tourist complex will be the second largest among 27 tourist sites and complexes in Chungnam, following Anmyeondo (5,247,292㎡). The complex will include accommodation facilities such as hotels and condominiums, a 27-hole golf course, cultural facilities including museums and art galleries, and commercial facilities such as shopping centers.
Sae Seoul Group plans to invest 300 billion KRW in the development of the Seocheon tourist complex. The province and Seocheon County will provide administrative support to ensure the successful implementation of the project by Sae Seoul Group.
The province expects that once the Seocheon tourist complex is completed, it will emerge as a new tourism hub in the southwestern Chungnam region, near the National Institute of Ecology. It is also anticipated to play a role in job creation and revitalizing the local economy.
Sae Seoul Group forecasts an induced production effect of 500 billion KRW and an employment inducement effect of 2,300 jobs resulting from the development of the Seocheon tourist complex.
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Yang Seung-jo, Governor of Chungnam Province, said, “With the completion of the Seocheon tourist complex alongside the Wonsan Anmyeon Bridge opened in 2019, the Boryeong Undersea Tunnel to open at the end of this year, and the extension of National Road No. 38, the tourism map of the western coast of Chungnam is expected to be newly drawn.”
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