Investment of 206.2 Billion KRW for Land Purchase of Long-Unexecuted Urban Parks

Mayor Jo Gyu-il of Jinju City Visits the Site of the Mangyeong Park Trailside Parking Lot Construction Project [Image Source=Jinju City]

Mayor Jo Gyu-il of Jinju City Visits the Site of the Mangyeong Park Trailside Parking Lot Construction Project [Image Source=Jinju City]

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[Asia Economy Yeongnam Reporting Headquarters Reporter Choi Soon-kyung] Jinju City, Gyeongnam Province, announced on the 30th that the long-term unexecuted park land purchase and development projects are progressing smoothly for 12 parks where the Urban Park Sunset Clause has been applied since July 1 last year.


The city held a citizen debate last year to prevent the expiration of urban planning facilities for unexecuted urban parks, and after a public hearing in August 2019, gathered public opinion to select priority management areas and distinguish between release areas and preservation areas.


The city is establishing project implementation plans for preservation areas and securing as much park green space as possible to create a breathable green city.


The city is promoting land purchases for a total of 12 long-term unexecuted parks (5.54 million㎡), which accounts for 62% of the 21 long-term unexecuted urban parks covering 8.77 million㎡ being developed and preserved as parks.


Of the total project cost of 391.5 billion KRW, the city is investing 270 billion KRW annually according to the plan to purchase private land, as the purchase cost is not supported by national funds, currently showing a compensation rate of 52%.


For long-term unexecuted urban parks, the city plans not only to maintain existing facilities and purchase land but also to enhance utilization by reflecting the themes and characteristics of each park.


In particular, the ‘Jinyangho Renaissance Project’ is being developed through three projects: Jinyangho Neighborhood Park, Jinyangho Family Park, and Hoban Dullegil (lakeside trail).


Also, Mangryeong Park and Somang Jinsan Park, promoted under the ‘Wonderful Namgang Project,’ are located adjacent to Jinju Fortress and the Namgang River, and are being developed as themed parks based on the Battle of Jinju during the Imjin War, featuring themes of large bows and lanterns.


In addition, the city continues to promote various projects to provide citizens with pleasant green spaces.



Jinju Mayor Cho Gyu-il stated, “Since taking office, we have been able to create premium parks by investing budget and administrative power against the Urban Park Sunset Clause for long-term unexecuted urban parks,” adding, “We will do our best to make Jinju a green park city through distinctive tourism resource projects unique to Jinju, revitalizing the economy and preserving the environment.”


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

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