[Breaking] Gangwon Province Withdraws "Gangwon Jungdo Development Corporation (GJC) Corporate Rehabilitation Plan"

Kwang-Yeol Jeong, Deputy Governor for Economic Affairs of Gangwon Province, Press Briefing [Gangwon Province]

[Asia Economy Reporter Ra Young-cheol] Gangwon Province has withdrawn its plan to pursue corporate rehabilitation for Gangwon Jungdo Development Corporation (GJC), which triggered the so-called 'Legoland-induced financial crisis.'

On the 15th, Jeong Gwang-ryeol, Deputy Governor for Economic Affairs of Gangwon Province, held a press conference at the Gangwon Provincial Office and announced, "Gangwon Province has decided not to apply for GJC's corporate rehabilitation."

This decision was made after gathering opinions from the Provincial Council, related experts, civil society, and various sectors.

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