Invest KOREA

Project Overview

• Location : 133 sites and 8-15 Cheongok-dong, Donghae-si
• Development Area : 297,684㎡
• Project Budget : KRW 500 billion
• Facilities to be introduced : Marine tourism resort, Marina facilities, Leisure sports facilities, Cultural facilities, etc.
• Organized by : City of Donghae, Private investors

Locational condition

• Location : Close to central commercial area in the city and seaside residential district, beautiful natural environment and marine tourism resources including Marine Pothole, Sea stack, 4 beaches, among others
• Accessibility (Transportation Infrastructure) : Easy access to the capital area and Southern area thanks to KTX , Donghae Expressway, Yeongdong Expressway, Yangyang-Seoul Expressway, 4 lanes throughout No.7 national road, Samcheok-Pohang railway (scheduled), Within 5 minutes from KTX station and Express Bus Terminal
• Nearby tourism sites : Mangsang tourism site, Chuam tourism site, Cheongok Golden Bat Cave, Mukho Tourism Site, etc.

Development Concept

• (1st Stage Leading Project) Plan Donghae-si unique sensibility tourism facilities and tourism infrastructure
• (2nd Stage Public Project) Create 4 themed beaches, install marine experience facilities
• (3rd Stage Private Project) Create Marine tourism resort, Marina facilities, Cultural facilities

Land Status

• 297,684㎡[National 17,770(6.97%), Public 47,676(16.01%), Private 181,774(61.12%), Others 50,285(16.90%)]
• 297,684㎡[Field 50,002(16.79%), Forest 173,460(58.27%), Ground 5,156(1.73%), Others 60,799(23.21%)]
• The whole area is natural green area, elevation 0~45m 100% , Gradient 20°or less 76%

Incentives

• Support subsidy for tourism project infrastructure facilities (Total project budget ×3%, Support up to KRW 6 billion)
• According to other Acts related with support for foreign invested companies, etc., exempted from Acquisition tax, Property tax, rent reduction (up to 100%), employment subsidy, education and training subsidy, and support for consultation expense

Expected results

• Revitalize local economy by linking with existing city commercial areas
• Contribute to residents' income increase and job creation by attracting tourists all year round
• Improve the image of Donghae-si tourism by developing eco-friendly tourism sites reflecting regional characteristics

• General Information about Donghae-si

  • Area : 180.2㎢
  • Population : 90,593 (December 31, 2020)
  • Characteristics
    • Industry·Logistics Base City : EFEZ, DFTZ, Bukpyeong Industrial Complex
    • Tourism ·Resort City : Mangsang tourism site, Chuam tourism site, Mureung Valley Healing Camp, Cheongok Golden Bat Cave
    • International port city : The only international trade port in Gangwon province
• Investment Advantages
  

  • Differentiation according to tourism development strategy by 5 areas
  • Excellent transportation infrastructure
    • Donghae Expressway, National Road (No. 7,No. 38, No.42)
    • KTX Seoul ~ Donghae in operation
    • Turn Donghae~Pohang railway into subway
    • International Ferry and Ulleungdo Ferry in operation
    • Oceanic climate affected by the Kuroshio turbulent flow: Average winter temperature is 3~4°C higher than other regions, while average summer temperature is 2~3°C lower
  • Incorporation of the 2nd Marina port basic plan
  • Donghae · Convenient for tourists as it is within 5 minutes from Mukho Port, downtown, KTX last station
  • Beautiful natural landscape and marine tourism resources : Marine Pothole, Sea stack, 4 beaches