S. Korea logs current account surplus for 32nd month

S. Korea to build int'l hub for leisure, tourism near airport

kh close

 

Published : 2014-02-04 14:04
Updated : 2014-02-04 14:04

South Korea will build a new leisure town near its main gateway that will serve as an international economic and tourism hub, the oceans ministry announced Tuesday.

The tentatively named Yeongjong Dream Island, budgeted at near $2 billion, will be built on reclaimed land around a bridge between Seoul and Incheon International Airport, according to the Ministry of Oceans and Fisheries.

The first phase of the development plan is set to begin in the second half of next year for completion by 2018. The pre-selected private developer will build hotels and golf courses, along with a marina resort and an aquarium that will help accommodate a growing number of tourists from China and Japan, the ministry said.

The second-phase construction will be completed in 2020, creating the country's single largest leisure town.

In total, the project will likely cost around 2 trillion won ($1.87 billion) and create 18,000 new jobs for an economic effect of over 27 trillion won, the ministry said. (Yonhap News)

 

Photo News

티아라 효민 멋진 뒤태에 남심 흔들

섹시백 선발대회 몸매 뽐내는 참가자들

카자흐 女배구선수 초특급 미모, 전세계 ‘깜짝’