Project Overview

Construction of various tourist facilities such as hotels, water parks, golf courses, and marinas to create a global marine resort in the Saemangeum Sinsi-Yami District (1.92㎢)

Project Promotion Direction

Focus on nautical tourism, marine entertainment, and marine leisure & sports experiences

Expected Effects

  • 1

    Growth into a global tourist destination representing the West Coast

  • 2

    Construction of a global resort complex with tourism, leisure, and recreation facilities to create new tourism demand at home and abroad

  • 3

    Promotion of investment in the Tourism and Leisure Site through pioneering Saemangeum projects

Project Summary

  • Location/Land Size
    • Sinsi-Yamido-ri, Gunsan-si, Jeollabuk-do
    • 1,922,818㎡ (580,000 pyeong)
  • Period

    2018-2030 (Earthwork completed by 2025)

  • Budget/Contractors
    • KRW 876.8B (KRW 63.8B for earthwork)
    • Boseong (49%), Hanyang (46%), Lohas Living (5%)
  • Facilities to be Constructed

    Accommodation, leisure, commercial, residential, and public facilities

Progress

  • 2017. 9 Business agreement signed
  • 2018. 8 Project operator designation
  • 2020. 9 Approval/announcement of basic development Schedule
  • Plan
    2021. Phase 1, Sinsido Hotel Construction Kickoff
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