Institutional Foundation Established for 'Gadeokdo New Airport'... Subordinate Legislation Effective from the 17th

Draft Enforcement Decree Passed at Cabinet Meeting on the 7th
Construction Promotion Team to Be Launched Soon for Dedicated Tasks

[Image source=Yonhap News]

The institutional foundation for the construction of Gadeokdo New Airport has been established.

On the 7th, the Ministry of Land, Infrastructure and Transport announced that the draft enforcement decree of the "Special Act on the Construction of Gadeokdo New Airport" was approved at the Cabinet meeting. This enforcement decree was enacted after a six-month legislative process including public, local residents, related agencies, and local governments' opinion gathering, following the enactment of the Special Act on the Construction of Gadeokdo New Airport on March 16. The enforcement decree and enforcement rules will take effect from the 17th.

The draft includes detailed provisions on the basic plan and implementation plan establishment, design documents, and compensation plans necessary to promote the new airport construction project. It was also decided to form a Construction Promotion Team to carry out major tasks related to the new airport construction. Currently, the organization and scale of the Promotion Team are under discussion and will officially launch once finalized.

It allows the designation of certain areas within a 10 km radius from the boundary of the planned new airport construction site as surrounding development zones, with specific scope, designation procedures, and development projects to be determined by presidential decree. It also stipulates that local companies in local governments near the new airport can be given preferential treatment in construction and service contracts, with preferential criteria to be coordinated with the Minister of Strategy and Finance considering the nature of individual contracts.

Additionally, if the project implementer violates related regulations, standards for cancellation of permits, suspension of construction, and other dispositions are specified, and the types and amounts of fines (1% of the construction cost executed), payment methods (payment within 20 days), etc., are established.

Kim Yong-seok, Director of the Aviation Policy Office at the Ministry of Land, Infrastructure and Transport, said, "With the enactment of the enforcement decree and enforcement rules for the Special Act on the Construction of Gadeokdo New Airport, the institutional foundation has been established," adding, "We will ensure the thoroughness of the preliminary feasibility study through the operation of an advisory group composed of experts in various fields and proceed with the Gadeokdo New Airport construction project without any setbacks."

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