Yeosu Gyeongdo, 'Mirae Asset' Tourism Theme Facilities to Begin Investment Within the Year

Promotion of Light Theme Facilities and 5-Star Hotels

[Yeosu=Asia Economy Honam Reporting Headquarters, Reporter Sim Kyung-taek] The Mirae Asset consortium announced that it will prioritize investing 430 billion KRW in the second half of this year to develop tourism theme facilities and a 5-star hotel as part of the ongoing Jeonnam Yeosu Gyeongdo Marine Tourism Complex project.

According to Mirae Asset, the investment will be used to build tourism theme facilities such as a water park, entertainment center, marina, and a 5-star hotel with 300 rooms, designed to accommodate many tourists.

The upcoming schedule includes starting construction on the marine waterfront space in August, followed by detailed design work for the tourism theme facilities and hotel from the second half of the year, aiming for completion by December 2024.

A representative from the Mirae Asset consortium stated, “This initial investment of 430 billion KRW will kick off full-scale investment in tourism theme facilities, with additional funding to be injected according to the future schedule.”

Separately, Mirae Asset is undertaking a large-scale renovation of the currently operating Sagewood Yeosu Gyeongdo Country Club to elevate it to a world-class golf course. They began improvement work on some courses with a 6 billion KRW investment in the first half of this year and plan to continue substantial course improvements and landscaping annually. Additionally, they have started designing a new clubhouse to replace the existing one, with a budget of 50 billion KRW allocated for its construction.

Yeosu=Asia Economy Honam Reporting Headquarters, Reporter Sim Kyung-taek simkt7@asiae.co.kr

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