19 part 3. Projects of JDC subject to Investment Progress 2016.12 Designation as a national industrial complex and approval of development plan (MOLIT) 2018.11 Formation of the Compensation Council 2020.12 Completion of transfer of project site ownership to JDC 2023.07 Completion of working design 2017.07 Public briefing of and public hearing for environmental impact assessment 2019.06 Compensation consultation kickoff 2022.12 Approval of development implementation plan (Jeju Province) 2028 Completion of site development (planned) Direction To build a 2nd Jeju Science & Technology Park based on convergence industries and advanced science and technology 04 Implementation of projects in connection to Jeju provincial government policies - Supporting and fostering electric and hydrogen vehicle, autonomous driving, and service industries - Linked with the Jeju Innovation Growth Center 01 Establishment of infrastructure - Industrial, residential, support, and complex facilities, etc. - Connecting transportation networks such as access roads - Near major facilities such as the airport and provincial government office 02 Establishment of a convergence complex for hightech industries - IT, BT, CT, ET, and R&D - Industry-university-research cluster - Formation of a network with the first phase section 03 Fostering and supporting innovation-driven industry - New high-tech industries - Fostering startups and venture businesses - Support programs for resident companies, etc. Expected Effects Job Creation Added Value Production 12,000 jobs Newly employed 3,600 people Approx. USD 515M Ripple effects on production, employment, etc. through construction investment and business activities Approx. USD 960M
RkJQdWJsaXNoZXIy MTMyNzcxNA==