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According to Yonhap News,
(JEJU=Yon Hap News) Investors at home and abroad have shown interest in investing in the tourism industry of Jeju Free International City.
The Landing Investment Group, Hong Kong’s largest property developer, and Genting Singapore PLC, an integrated resorts developer, will work together to develop the Myths and History Theme Park on Jeju Island, according to the Jeju provincial government and Jeju Free International City Development Center.
Local conglomerate E-Land Group plans to invest in Jeju’s International Culture Complex, and Korean company Chung Bong Investment plans to invest in developing tourism in the Sangga-ri area of Jeju.
The Jeju provincial government aims to attract more foreign tourists and invigorate the local economy with the planned development projects.
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Source: Yonhap News(April 25, 2014)
** This article was translated from the Korean.