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[Gangwon-do] Winter Olympics Special Zone (Tourism based Facility District)
Date
2021.11.19
평창동계올림픽 특구 내 관광기반시설 지구 이미지 크게보기

Project Overview

  • Location : 26 Chahang-ri, Daegwallyeong-myeon, Pyeongchang-gun, Gangwon-do
  • Development Area: 253,640㎡
    • Not-Developed Area: 213,640㎡
    • The Area of Confirmed Development: 40,000㎡ (To construct a training facility by Health Insurance Review and Assessment Service (HIRA))
  • Project Cost: Approx. KRW 70 billion (To construct HIRA's training facility)
  • Facilities to be introduced: Training facilities, Hwangtae-duckjang and commercial facilities, Tourism and accommodation and affiliated facilities

Locational Condition

  • Location
    • Located in the inlands mountainous area of Young-seo, Gangwon-do, highland area with altitude of 700m or higher
    • With the average temperature of Summer 19.2 ~ 21.5℃, it is characterized by cool climate.
  • Topographic features around the development area
    • Consist of arable land and forest, and gently sloped hilly area
    • To the south of the development area, residential are including houses surrounding Daegwallyeong elementary school was already established.
    • Mostly 500m ~ 800m elevation, with a degree of slope 15 or less
  • Accessibility
    • Less than two hours from the capital area (KTX 100 minutes, Highway 130 minutes). Great accessibility of metropolitan transportation
    • Main access road can be reached by provincial road No.456 branched off from Yeongdong Highway (Daegwallyeong IC), located within 1km from IC
  • Tourism attractions in the proximity: Yongpyeong Resort, Alpensia, Ranch (Daegwallyeong Sheep Ranch, Haneul Ranch, Samyang Ranch, Alps Ranch), Seonjaryeong, Balwangsan Mountain, New and Renewable Energy Park, Hwangtae-duckjang, etc.

Development Concept

  • Create a complex as a basis for tourism

Land Status

  • 253,640㎡(National and public land, Land category: Field, Forest)

Incentives

  • Support national and public assets(Rent reduction, usage, profit, loan, and sales by private contract)
  • Grant qualification as foreign investors for settlement
  • Supply foreign investors rent houses (Provide construction site)
  • Current transactions payment (For current transaction under USD 10,000 per unit, direct payment as a means of international payment)
  • Provide foreigner-oriented services(Issue, receive, and process public documents in English)

Expected Results

  • Create jobs and revitalize local economy by attracting facilities with great economic riffle effects
  • Turn the development potential as the host city of the Winter Olympics into an opportunity for local development
  • 평창동계올림픽 특구 내 관광기반시설 지구
  • 평창동계올림픽 특구 내 관광기반시설 지구
  • General Information about Pyeongchang-gun
    • Area: 1,464㎢
    • Population: 41,514
    • Characteristics
      • Korea's representative vacation spots with beautiful natural environment and rich tourism resources
      • Brand value improved through success in hosting the 2018 PyeongChang Winter Olympics
  • Investment Advantages
    • Increase in international tourism demand after hosing the Winter Olympics
    • Excellent transportation accessibility thanks to KTX, Yeongdong Highways
    • Easy to connect the Olympic arenas and tourist spots
    • Cool weather with the average summer temperature of 19.2~21.5℃
    • Beautiful landscape resources including gently sloped hilly area
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