Gwangju Kyungsilryeon "Reconsidering the Eodeungsan Tourism Complex Development Project from the Beginning"

[Asia Economy Honam Reporting Headquarters Reporter Park Jin-hyung] The Gwangju Economic Justice Practice Citizens' Coalition on the 2nd stated that the Gwangju Eodeungsan Tourist Complex Development Project, whose negotiations have broken down, "should be fully reconsidered from the ground up, keeping all possibilities open, including public development."

On the same day, Gwangju Kyungsilryeon issued a statement saying, "We must not continue to be dragged along by private developers who prioritize profitability."

The organization said, "The purpose of acquiring land at the early stage of the Eodeungsan Tourist Complex Development Project was for public interest," and added, "We must actively seek development plans for the tourist complex that maximize public interest while revitalizing the local economy."

Regarding Seojin Construction, whose status as the preferred negotiation partner was canceled, they pressured, "If there is no will or ability to implement the project, it would be reasonable to make a quick decision," and emphasized, "Seojin Construction's magnanimous decision is necessary to prevent this project from stalling any further."

The Gwangju City government selected Seojin Construction as the preferred negotiation partner for the Eodeungsan Tourist Complex Development Project in August 2019 and entered negotiations, but failed to narrow differences over the interpretation of the total project cost, which serves as the basis for calculating the performance bond for the agreement, and notified the breakdown of negotiations on the 27th of last month.

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