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서브컨텐츠

Residence info

Project purpose

  • Bring a high-tech competitive edge to Jeju Island by expanding Science Park Complex 1 to include frontier industries such as IT·BT·CT·ET * (Basis) Article 170 of Jeju Special Law (project), 2nd JDC execution plan revision (2017-2021)

Project summary

  • Location/lot area: Ilwon, Wolpyeong-dong, Jeju City / 848,000 ㎡
  • Project period and cost: 2014 ~ 2022 / KRW 274.1 billion
  • Development type: Public development of national industrial complex
  • Key facilities: IT·BT·CT·ET companies, public/private research institutes

Project history

  • Dec. 2016 Designation and declaration of national industrial complex (by Ministry of Land, Infrastructure and Transport)
  • Mar. 2017 Compensation plan posted and objections received
  • July 2017 Environmental effect evaluation (draft) released and briefing sessions held for residents and hearings
  • Oct. 2018 Responsibility for setting up the Compensation Council transferred (Jeju Self-Governing Province → JDC)
  • Nov. 2018 Compensation Council formed and 1st meeting held (5th Dec.)
  • May 2019 Request submitted for approval of development execution plan (Jeju Self-Governing Province)
  • June 2019 Compensation to land owners, etc. begins
  • Sept. 2019 Changes approved to development plan (due to changes in cost and development period) (Ministry of Land, Infrastructure and Transport)
  • Nov. 2019 Science Park Complex 2 provincial city plan reviewed and approved (Jeju Self-Governing Province)
  • Jan. 2020 Government funding requested to build a road leading to Science Park 2 (Ministry of Land, Infrastructure and Transport)

Key milestones

  • (Approval status) Approval underway to build Science Park Complex 2
    • Approval requested (March 2019) for development execution plan (Jeju Self-Governing Province) and discussion with relevant institutions ongoing
    • Request submitted and approved to change development plan (due to changes in costs and project period) in September (Ministry of Land, Infrastructure and Transport)
      * Project expenses KRW 104.4 billion → KRW 274.1 billion / Project period 2016 ~ 2019 → 2016 ~ 2022
    • City planning for determining city management plans (special-purpose area) reviewed and approved (Nov)
    • Environmental/traffic effect assessment approvedd with conditions attached (June, ‘20), Disaster impact assessment is under review
  • (Status on compensation for losses) Compensation amount finalized and paid out
    • Appraisal agency selected and appraisal begun (Jan. 2019)
    • Appraisal completed (April) and compensation plan approved by board of directors (May 2019)
    • Compensation process begun, including discussion with landowners and other interested parties (June 2019)
      * Compensation rate 59.1% (land owner basis, July 2020)

Future plans

  • Second half of 2020: Disaster Impact Assessment reviewed
  • Approval of development plan (change) (Ministry of Land, Infrastructure and Transport) and development execution plan (Jeju Self-Governing Province)
  • Working design and land expropriation completed for building Science Park Complex 2
  • First half of 2021: site preparation begun for Science Park Complex 2

Land use planning

  • Land use planning map (fixed) - as per the notice released in Dec. 2016

토지이용계획(안)도

* Development execution plan is currently going through approval process, to be completed 2nd half of 2020, after which land use planning will be finalized.

 

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