Gwangyang Port, Yulchon Convergence Complex Development Project Appraisal Service Commencement

August Appraisal Completed, Second Half Year Sale Scheduled

Yeosu Gwangyang Port Authority (President Park Seong-hyun, hereinafter referred to as the Authority) announced on the 7th that it has commenced the first appraisal service for the development project of the Gwangyang Port Yulchon Convergence Complex Logistics Complex.

Last month, the Authority received approval for the implementation plan of the Gwangyang Port Yulchon Convergence Complex Logistics Complex development project, and in accordance with the implementation agreement signed with the Ministry of Oceans and Fisheries after the plan approval, the first appraisal will be conducted.

[Photo by Yeosu Gwangyang Port Authority]

The Authority plans to use the results of the first appraisal service as basic data for the first phase land sale in the second half of the year.

Additionally, the Public Procurement Service is currently selecting a construction company, and construction is scheduled to begin at the end of this month to actively promote the Gwangyang Port Yulchon Convergence Complex Logistics Complex development project.

President Park Seong-hyun of the Authority stated, “Starting with the appraisal service, we will rapidly advance the Gwangyang Port Yulchon Convergence Complex Logistics Complex development project and do our best to prioritize customer management by timely supplying the insufficient industrial land.”

Asia Economy Honam Reporting Headquarters, Reporter Heo Seon-sik hss79@asiae.co.kr

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