The Korean government has decided to transform
a large plot of reclaimed land near the nation’s main airport into a tourist and leisure complex.
The complex, called “Dream Island,” will host shopping malls, theme parks and golf courses
and is slated for completion by 2020. Kim Min-ji has the details. This is Yeongjong-do
Island,… located off of Korea’s western port city of Incheon.
Just 10 minutes away from Incheon International Airport — the nation’s main gateway — Yeongjong-do
is the site of a new tourism and leisure complex called “Dream Island” that will be built here
by 2020. With an area of over three-million square
meters,… the complex will accommodate luxury hotels, shopping malls, theme parks and golf
courses,… and is expected to draw millions of tourists each year.
The project is part of the government’s three-year economic innovation plan to boost domestic
demand and raise the employment rate. The project, which is expected to cost about
2-point-2 billion U.S. dollars, will be spearheaded by World Hansang Dream Island, a Korean and
Japanese consortium,… which will invest roughly 715 million dollars.
The Ministry of Oceans and Fisheries plans to start work on the project in the second
half of next year. “Dream Island meets the conditions for becoming
an international tourist hub,… because it is easily accessible by tourists coming from
Seoul, Gyeonggi-do Province and Incheon International Airport.” The government expects the project to create
18-thousand jobs for an economic effect valued at 25 billion dollars.
Kim Min-ji, Arirang News.