Jeju Free International City Development Center
Encyclopedia
Jeju Free International City Development Center (JDC) is a special corporation established for simultaneously pursuing publicity
and business feasibility to successfully implement Jeju Free International City development projects under the Korean government's Special Act on Jeju Free International City. The corporation is affiliated with the Ministry of Construction and Transportation as a government-sponsored organization
.
It is currently pursuing business
es related to Jeju Free International City development promotion projects including attraction of domestic and foreign investment
for business promotion core projects, public relations
and marketing
activities for investment attraction, and operation of duty-free shopping center.
CEO: Byon, Jong-Il
Head Office
Address: Jeju Science Park Elite B/D 3F, Yeongpyeong-dong 2170-2, Jeju-city, Jeju Special Self-Governing Province, Republic of Korea (Zip Code: 690-140)
Tel: +82-64-797-5590
Fax: +82-64-797-5502
Seoul Office
Address: #903 Tae Young Bldg. Yeouido-dong, Yeongdeungpo-gu, Seoul, Republic of Korea (Zip Code: 150-868)
TEL: +82-2-761-1437
FAX: +82-2-761-3194~5
services in order to present a viable alternative to overseas language study and thereby contribute to the development of a free international city where English is commonly used
Location:Daejeong-eup area, Seogwipo-si
Scale:3,794,000 ㎡
Period of Project: 2008 ~ 2015 (model school expected to open in 2011)
Major Facilities
Elementary, middle, high international schools (12), foreign educational institutions, cultural and arts complex, English education center, residential facility.
NLCS Jeju
On August 4, 2010, Jeju Free International City Development Center (JDC) held the ground-breaking ceremony for NLCS Jeju, a Korean campus of U.K.'s leading private school, North London Collegiate School (NLCS).
NLCS Jeju is the first international private school established in JGEC. It opened on September 26 and its opening ceremony was held on September 30.
Branksome Hall Asia
On June 30, 2011, Branksome Hall Asia, one of Canada's most renowned private girls’ schools, held a ground-breaking ceremony in Jeju, South Korea.
Noble and Greenough School
Jeju Free International City Development Center (JDC) signed an MOU with Noble and Greenough School (Nobles) to establish an international school at the Jeju Global Education City following NLCS Jeju and Branksome Hall Asia, which are on track to open in September 2011 and September 2012, respectively.
facilities. It will include rehabilitation and alternative medical centers, water parks, general hospitals, special hospitals, long-term care
facilities and medical research complex.
Location: Seogwipo-si
Scale:1.48 million ㎡
Period of Project: 2008 ~ 2015
Major Facilities
1) Wellness Park Stage 1: Development of medical/recreational complex specializing in health care and relaxation
(health care centers, rehabilitation/alternative medical centers, riding park, attractive patient/visitor accommodation)
2) Medical Park Stage 2: Development of a composite medical complex capable of providing high-tech medical services (branches of prominent general hospitals, special-care hospitals, long-term care facilities)
3) R&D Park Stage 3: Development of medical research complex where bio-medical research and research on medical care are possible (anti-aging research center, bio-research center, drug research center)
that will combine education, research and business incubation support functions for knowledge-based industries such as information communication and bioengineering.
Location: Ara-dong, Jeju-si
Scale: 1,093,527㎡
Period of Project: 2003 ~ 2011
Major Facilities
1) Type of business eligible: IT-and BT-related high-tech manufacturing and research center, natural science research and development, IT industry
2) Major facilities: International schools, plus production and business support facilities, neighborhood amenities
industry
Location:Yerae-dong, Seogwipo-si
Scale: 744,000㎡
Project cost: $1.8 billion
Major Facilities
1) 3 hotels: Resort hotel, residence hotel and casino hotel
2) Residential resort facilities: single- tower- condominium
s
3) Medical facilities: Health Center, Rehabilitation Center, Preventive Medical Center
4) Resort facilities: Indoor arena (concert hall)
5) Public facilities:Shopping
Location: Seogwang-ri, Andeok-myeon, Seogwipo-si
Scale: 4 million ㎡
Period of Project: 2006 ~ 2014
Major Facilities
1) A zone (1.95 million ㎡): An entertainment destination combining the movie Theme Park, which uses state-of-the-art technology and multimedia, Water Park, a top-class tourist attraction
and Downtown Tammora, a catch-of-the-day restaurant
2) H zone (581,177㎡): An experiential theme park designed to harmonize the food and cultures of numerous countries, and introduce attractions such as China Town and Europe, U.S. and Southeast Asia Zones
3) J zone (1.46 million ㎡): As a theme park combining myths and historical elements, it is divided up into four zones: Promenade, Corealand, Tamlaland and World of Legends
4) Aerospace Museum: Development of experiential aerospace museum with various exhibits and simulation such as aerospace history hall, space hall, observatory, 4D theater (open in 2013)
Location:Seogwipo port area, Seogwipo-si
Scale: 198,000 ㎡
Period of Project: 2003 ~ 2013
Major Facilities
1) Saeseom island promenade, pedestrian bridge to Saeseom island, water-friendly shore, renovation of pedestrian promenade, renovation of parking lot at Cheonjiyeon waterfall, renovation of Chilsipri bridge, visitor information center, mall & National Federation of Fisheries Cooperatives, redevelopment of the rear of tourism port, driveway/theme street
Publicity
Publicity is the deliberate attempt to manage the public's perception of a subject. The subjects of publicity include people , goods and services, organizations of all kinds, and works of art or entertainment.From a marketing perspective, publicity is one component of promotion which is one...
and business feasibility to successfully implement Jeju Free International City development projects under the Korean government's Special Act on Jeju Free International City. The corporation is affiliated with the Ministry of Construction and Transportation as a government-sponsored organization
Government-sponsored enterprise
A government-sponsored enterprise is a financial services corporation created by the United States Congress. Their function is to enhance the flow of credit to targeted sectors of the economy and to make those segments of the capital market more efficient and transparent...
.
It is currently pursuing business
Business
A business is an organization engaged in the trade of goods, services, or both to consumers. Businesses are predominant in capitalist economies, where most of them are privately owned and administered to earn profit to increase the wealth of their owners. Businesses may also be not-for-profit...
es related to Jeju Free International City development promotion projects including attraction of domestic and foreign investment
Investment
Investment has different meanings in finance and economics. Finance investment is putting money into something with the expectation of gain, that upon thorough analysis, has a high degree of security for the principal amount, as well as security of return, within an expected period of time...
for business promotion core projects, public relations
Public relations
Public relations is the actions of a corporation, store, government, individual, etc., in promoting goodwill between itself and the public, the community, employees, customers, etc....
and marketing
Marketing
Marketing is the process used to determine what products or services may be of interest to customers, and the strategy to use in sales, communications and business development. It generates the strategy that underlies sales techniques, business communication, and business developments...
activities for investment attraction, and operation of duty-free shopping center.
CEO: Byon, Jong-Il
Head Office
Address: Jeju Science Park Elite B/D 3F, Yeongpyeong-dong 2170-2, Jeju-city, Jeju Special Self-Governing Province, Republic of Korea (Zip Code: 690-140)
Tel: +82-64-797-5590
Fax: +82-64-797-5502
Seoul Office
Address: #903 Tae Young Bldg. Yeouido-dong, Yeongdeungpo-gu, Seoul, Republic of Korea (Zip Code: 150-868)
TEL: +82-2-761-1437
FAX: +82-2-761-3194~5
JDC's Core Projects
Jeju Global Education City
The province will provide English educationEducation
Education in its broadest, general sense is the means through which the aims and habits of a group of people lives on from one generation to the next. Generally, it occurs through any experience that has a formative effect on the way one thinks, feels, or acts...
services in order to present a viable alternative to overseas language study and thereby contribute to the development of a free international city where English is commonly used
Location:Daejeong-eup area, Seogwipo-si
Scale:3,794,000 ㎡
Period of Project: 2008 ~ 2015 (model school expected to open in 2011)
Major Facilities
Elementary, middle, high international schools (12), foreign educational institutions, cultural and arts complex, English education center, residential facility.
NLCS Jeju
On August 4, 2010, Jeju Free International City Development Center (JDC) held the ground-breaking ceremony for NLCS Jeju, a Korean campus of U.K.'s leading private school, North London Collegiate School (NLCS).
NLCS Jeju is the first international private school established in JGEC. It opened on September 26 and its opening ceremony was held on September 30.
Branksome Hall Asia
On June 30, 2011, Branksome Hall Asia, one of Canada's most renowned private girls’ schools, held a ground-breaking ceremony in Jeju, South Korea.
Noble and Greenough School
Jeju Free International City Development Center (JDC) signed an MOU with Noble and Greenough School (Nobles) to establish an international school at the Jeju Global Education City following NLCS Jeju and Branksome Hall Asia, which are on track to open in September 2011 and September 2012, respectively.
Healthcare Town
The attraction of this residential theme town is based on a blend of the natural, unspoiled beauty of Jeju Island with the first-class health careHealth care
Health care is the diagnosis, treatment, and prevention of disease, illness, injury, and other physical and mental impairments in humans. Health care is delivered by practitioners in medicine, chiropractic, dentistry, nursing, pharmacy, allied health, and other care providers...
facilities. It will include rehabilitation and alternative medical centers, water parks, general hospitals, special hospitals, long-term care
Long-term care
Long-term care is a variety of services which help meet both the medical and non-medical need of people with a chronic illness or disability who cannot care for themselves for long periods of time....
facilities and medical research complex.
Location: Seogwipo-si
Scale:1.48 million ㎡
Period of Project: 2008 ~ 2015
Major Facilities
1) Wellness Park Stage 1: Development of medical/recreational complex specializing in health care and relaxation
Relaxation (psychology)
In psychology, relaxation is the emotional state of low tension, in which there is an absence of arousal that could come from sources such as anger, anxiety, or fear. Relaxation is a form of mild ecstasy coming from the frontal lobe of the brain in which the backward cortex sends signals, or...
(health care centers, rehabilitation/alternative medical centers, riding park, attractive patient/visitor accommodation)
2) Medical Park Stage 2: Development of a composite medical complex capable of providing high-tech medical services (branches of prominent general hospitals, special-care hospitals, long-term care facilities)
3) R&D Park Stage 3: Development of medical research complex where bio-medical research and research on medical care are possible (anti-aging research center, bio-research center, drug research center)
Jeju Science Park
JDC is developing a Jeju science parkScience park
A research park, science park, or science and technology park is an area with a collection of buildings dedicated to scientific research on a business footing. There are many approximate synonyms for "science park", including research park, technology park, technopolis and biomedical park...
that will combine education, research and business incubation support functions for knowledge-based industries such as information communication and bioengineering.
Location: Ara-dong, Jeju-si
Scale: 1,093,527㎡
Period of Project: 2003 ~ 2011
Major Facilities
1) Type of business eligible: IT-and BT-related high-tech manufacturing and research center, natural science research and development, IT industry
2) Major facilities: International schools, plus production and business support facilities, neighborhood amenities
Resort-type Residential Complex
JDC is developing a world-class resort-type residential complex integrating residential, leisure, and medical functions to foster an eco-friendly high value-added leisure and tourismTourism
Tourism is travel for recreational, leisure or business purposes. The World Tourism Organization defines tourists as people "traveling to and staying in places outside their usual environment for not more than one consecutive year for leisure, business and other purposes".Tourism has become a...
industry
Location:Yerae-dong, Seogwipo-si
Scale: 744,000㎡
Project cost: $1.8 billion
Major Facilities
1) 3 hotels: Resort hotel, residence hotel and casino hotel
2) Residential resort facilities: single- tower- condominium
Condominium
A condominium, or condo, is the form of housing tenure and other real property where a specified part of a piece of real estate is individually owned while use of and access to common facilities in the piece such as hallways, heating system, elevators, exterior areas is executed under legal rights...
s
3) Medical facilities: Health Center, Rehabilitation Center, Preventive Medical Center
4) Resort facilities: Indoor arena (concert hall)
5) Public facilities:Shopping
Myths and History Theme Park
JDC is creating a world-class mega theme park resort where visitors can experience the cultures and legends of countries across the globe as well as the world of moviesLocation: Seogwang-ri, Andeok-myeon, Seogwipo-si
Scale: 4 million ㎡
Period of Project: 2006 ~ 2014
Major Facilities
1) A zone (1.95 million ㎡): An entertainment destination combining the movie Theme Park, which uses state-of-the-art technology and multimedia, Water Park, a top-class tourist attraction
Tourist attraction
A tourist attraction is a place of interest where tourists visit, typically for its inherent or exhibited cultural value, historical significance, natural or built beauty, or amusement opportunities....
and Downtown Tammora, a catch-of-the-day restaurant
2) H zone (581,177㎡): An experiential theme park designed to harmonize the food and cultures of numerous countries, and introduce attractions such as China Town and Europe, U.S. and Southeast Asia Zones
3) J zone (1.46 million ㎡): As a theme park combining myths and historical elements, it is divided up into four zones: Promenade, Corealand, Tamlaland and World of Legends
4) Aerospace Museum: Development of experiential aerospace museum with various exhibits and simulation such as aerospace history hall, space hall, observatory, 4D theater (open in 2013)
Seogwipo Tourism Port
JDC is developing a sea port at Seogwipo designed to become an international marine tourism attraction by utilizing the appeal of the surrounding natural sceneryLocation:Seogwipo port area, Seogwipo-si
Scale: 198,000 ㎡
Period of Project: 2003 ~ 2013
Major Facilities
1) Saeseom island promenade, pedestrian bridge to Saeseom island, water-friendly shore, renovation of pedestrian promenade, renovation of parking lot at Cheonjiyeon waterfall, renovation of Chilsipri bridge, visitor information center, mall & National Federation of Fisheries Cooperatives, redevelopment of the rear of tourism port, driveway/theme street