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| Title | China-based Greenland Group to build Jeju Healthcare Town, containing a medical R&D center, by investing KRW 1 trillion in the 778,000 ㎡ lot | ||||
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(Jeju=Yonhap) Reported by Go Seong-sik The Greenland Group, a China-based business group
included in the list of the world’s top 500 companies, has launched the
large-scale healthcare town development project on Jeju. The
Greenland Group and the JDC (Jeju Free International City Development Center)
held the groundbreaking ceremony on the project site, in Seoguipo, on November
30. The
ceremony was attended by some 500 VIPs, including the chairman of the Greenland
Group, 장옥량; the executive
director of the JDC, Byeon Jeong-il; and government officials, and began with a
congratulatory speech followed by a commemorative blast and shoveling. Chairman
Zhang Yu Liang said in his speech that the healthcare town development project
by the Greenland Group would serve as the basis for more Chinese people to
visit Jeju, expressing his firm belief in the success of the project through a
partnership between the Korean and Chinese businesses. The Greenland Group plans to
invest KRW 1 trillion in the Greenland Resort project on the 778,000 ㎡ lot within the Jeju Healthcare Town. When
completed, the Greenland Resort will house a medical R&D center, resort and
lodging facilities on a lot as large as roughly half (1,539,000 ㎡) of the entire Healthcare Town. The
Greenland Group plans to build a resort condominium complex by injecting KRW
200 billion by 2014, through its Korean branch Greenland Korea Investment and
Development, before going on to develop a wellness mall, well-being food zone,
healing garden, Thalasso Telaso Resortel, medical R&D center and an anti-aging
Center. The
Greenland Korea Investment and Development signed an agreement with the JDC for
investment in the Jeju Healthcare Town project, on November 19. Headquartered
in Shanghai, China, the Greenland Group is a state-run real estate developer
ranked 87 in China and included in the list of the world’s top 500 business
enterprises. koss@yna.co.kr |
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