Yeongdeok Marine Cable Car Project Gains Momentum … Ministry of Oceans and Fisheries Approves Change of Reclamation Purpose

Passed Central Coastal Management Committee Review, Accelerating Project Realization

Yeongdeok-gun, Gyeongbuk Province, is expected to gain momentum as the maritime cable car construction project, ambitiously underway through private investment, passed the approval review for the change of purpose in reclamation of public waters by the Central Coastal Management Committee of the Ministry of Oceans and Fisheries on the 15th.

Reclaimed land of public waters (Haepalang Park) site.

This review result is an agenda item that has been under consultation between the Ministry of Oceans and Fisheries and the Office for Government Policy Coordination's Regulatory Reform Division since January for regulatory innovation. After receiving Yeongdeok-gun's application for approval to change the purpose of reclamation of public waters in April, the Central Coastal Management Committee conducted an on-site investigation of the reclamation area on the 25th of last month and completed the review by the 8th of this month, concluding that Yeongdeok-gun's application for changing the reclamation purpose is reasonable.

Reclamation areas of public waters cannot change their reclamation purpose within 10 years from the completion inspection date. However, if it is unavoidable to change the reclamation purpose due to changes in surrounding conditions, the reclamation purpose of public waters can be changed after review by the Central Coastal Management Committee.

The Yeongdeok maritime cable car project involves an investment of 33.6 billion KRW of private capital to connect 1.3 km between Samsa Marine Park and Haepalang Park. Having passed the Ministry of Oceans and Fisheries' review for changing the reclamation purpose of public waters, which was the biggest hurdle in the project progress so far, Yeongdeok-gun plans to accelerate the remaining procedures such as the implementation plan approval and start construction by the first half of next year.

Aerial view of Yeongdeok Marine Cable Car.

County Governor Kim Gwang-yeol said, “If the recent interest and investment concentrated near Ganggu Port create synergy with the completion of the maritime cable car, it will secure a definite landmark and stay-type tourism content for the region, maximizing the effect of attracting tourists.” He added, “We will do our utmost to proceed without any setbacks aiming for completion in 2024, upgrading Yeongdeok-gun’s tourism competitiveness to the next level.”

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