Gangneung-si Selects Preferred Negotiation Partner for 'Southern Region Development Project'... Resident Compensation Talks Expected to Face Difficulties

Taeyoung Construction Consortium Selected as Preferred Negotiation Partner
Residents Demand "Minimize Resident Damage Before Shooting Range Relocation"

Reference photo [Asia Economy DB]

[Asia Economy Reporter La Young-cheol] Although the preferred negotiation partner for the development project in the southern area of Gangneung has been selected, difficulties are expected in reaching agreements on relocating the military shooting range and compensating residents for damages.

Gangneung City announced on the 5th that "the consortium led by Taeyoung Construction Co., Ltd. was selected as the preferred negotiation partner following the evaluation of proposals for relocating the A unit shooting range and the private sector bidding for the tourism complex development project."

According to the city, on the 2nd, an evaluation committee composed of external private experts assessed the shooting range relocation, tourism complex development plans, and project operation plans, and negotiations for signing the Memorandum of Agreement (MOA) will proceed in the future.

The city acknowledges concerns regarding the southern area development project but plans to focus administrative efforts on fairness, transparency, and communication.

Meanwhile, the large-scale tourism complex development planned for the Geumjin and Simgok areas (approximately 2.6 million square meters, equivalent to 360 soccer fields) will include hotels and golf courses.

However, difficulties are also anticipated in the process of negotiating with residents of villages targeted for shooting range relocation and in compensating for damages.

Residents in the area support the tourism development project but demand minimizing resident damages caused by the shooting range relocation issue.

Therefore, selecting an appropriate project implementer and reaching agreements with residents are expected to be key factors.

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