Investment Attraction Target
Education Hub in Northeast Asia
We are looking for those who wish to establish an international school and foreign education institution (university) for establishing the No. 1 educational hub in Northeast Asia.
Investment promotion video
Type of potential investor
International School
- Attraction goal : 3 international schools established based on private capital- Attraction target : international school specified by Special Act on the Establishment of Jeju Special Self-Governing Province and the Development of International Free City Article 233
- Coordinator : JDC Division of Education City, Tel. 064-797-5638, 5654
Foreign Education Institution (University)
- Attraction target : foreign education institution (university) specified by Special Act on the Establishment of Jeju Special Self-Governing Province and the Development of International Free City Article 219Site for investment attraction (supply)
H-13 site
H-14 site
H-15 site
H-16 site
H-17 site
I-8 site
K-1 site
| Purpose | Block No. | Area(㎡) | Building-to-land ratio | Floor area ratio | Height | Remarks |
|---|---|---|---|---|---|---|
| International School | H-13 | 43,028.0 | 60% or below | 160% or below | 15m (4 stories) | School Facilities |
| H-14 | 41,087.6 | |||||
| H-15 | 61,382.8 | |||||
| H-16 | 54,462.4 | |||||
| H-17 | 113,830.5 | |||||
| Common Housing Area | D-9 | 44,107.2 | 40% or below | 110% or below | 15m (4 stories) | Rental Housing |
| Other Education Facilities Area | I-1 | 12,818.4 | 60% or below | 160% or below | - [4 stories] or below | |
| I-8 | 12,818.4 | |||||
| Cultural Facilities Area | K-1 | 13,598.4 | ||||
| Public Building Area | J-6 | 7,117.7 | ||||
| J-7 | 499.5 | |||||
| J-8 | 499.3 |
Merits for investment
-
Abundant student needs
① Abundant student needs- 16 thousand households with demand for international school considering parents’ intention and students’ academic capabilities
-
Academic certificate in domestic / foreign areas
② Academic certificate in domestic / foreign areas- Certificate for domestic and overseas academic background at the same time to provide diverse options for entering universities in domestic and overseas areas
-
Establish sedentary urban infrastructure
③ Establish sedentary urban infrastructure- Different leisure lifestyles can be enjoyed such as mountain, sea, and forest in Jeju Island with four seasons
- Provides eco-friendly living environment such as residence, commerce, and Gotjawal park
- Established administration service system provided in English
-
Alleviated qualification for school establishment
④ Alleviated qualification for school establishment- Domestic/Overseas profit and nonprofit corporate body can be established
-
Guarantee for autonomous school operation
⑤ Guarantee for autonomous school operation- Principal’s authority is guaranteed in classes, graded school system, and entrance procedures
Korea’s Silicon Valley
We are attracting business and research centers related to EV, IT, BT, 4th industrial revolution, etc. for establishment of a knowledge-based industrial complex as a growth foundation of new industry in Jeju’s economy.
Attraction Target
Establish growth foundation of new industry in Jeju’s economy by setting up knowledge-based industrial complex Business related to EV, IT, BT, 4th industrial revolution, etc.
Wolpyeong-dong, Jeju
848,000㎡
KRW 274.1 billion
Direct development and management by JDC as national industrial complex
IT (Information and Communications), BT (Bio-technology), ET (Eco-friendly energy)
CT (culture technology), related research institutions, etc.
Merits for investment
We are looking for those who wish to operate a medical institution and healthcare business in a global medical treatment and tourism complex.
Investment Information
Investment Method: purchase or rent partial or entire fraction of land owned and established by JDC
* Land for Retirement Community and Long-term Care Town provided in original format
Investment Condition: establishment and operation of facilities suitable to the purpose of business for the land purchased or rented
* Medical institutions, medical recovery facilities, elderly residential facilities, etc.
Investment Format: independent investment or consortium
* Experience of operating related facilities preferred
Target Site for Investment Attraction
| Category | Details | Area(㎡) | Building-to-land ratio(%) | Floor area ratio(%) | Height | Purpose of building |
|---|---|---|---|---|---|---|
| Medical&research facilities | Healthcare Center | 15,737 | 40 | 200 | 15m (5stories) and under | Medical facilities and neighborhood convenience facilities |
| Specialist hospital | 63,354 | 40 | 160 | 12m (4stories) and under | ||
| Medical Street 1 | 6,236 | 40 | 120 | 12m (3stories) and under | ||
| Medical Street 2 | 6,184 | |||||
| Medical Street 3 | 5,421 | |||||
| Medical Street 4 | 7,779 | |||||
| Medical Street 5 | 6,734 | |||||
| Medical Street 6 | 8,637 | |||||
| Accommodations | Retirement Community | 115,407 | 20 | 60 | 12m (3stories) and under | Accommodations and neighborhood convenience facilities |
| Long-term Care Town | 87,426 | 20 | 60 | 12m (3stories) and under | ||
| Athletics and entertainment facilities | Rehabilitation Center | 31,897 | 20 | 60 | 12m (3stories) and under | Athletics facilities, medical facilities, and neighborhood convenience facilities |
| Total | 354,812 | - | - | - | - | |
Location and concept for each facility
Specialist hospital
Medical facilities for revitalizing tourism (general hospital, special hospital, nursing hospital, foreign medical institution, etc.)
Healthcare Center
Introduction of health-care, beauty, oriental medicine, and other facilities as complex facilities in ‘medical treatment + tourism‘ concept
Medical Street 1-6
Unit facility medical treatment service area , specialized for domestic medical institution for revitalizing medical treatment & tourism
Rehabilitation Center
Introduction of different types of recovery and treatment programs such as sports recovery and accident rehabilitation
Retirement Community
Accommodations, education, culture, convenience facilities, and nursing home for medical treatment and operating personnel
Long-term Care Town
Accommodations complex targeting customers and families seeking long-term relaxation and nursing, and operation of relaxation and nursing programs linked to medical facilitiesMedical Service Center
Purpose: meet local medical service demand and management of complex
Location: 2041, Donghong-dong, Seogwipo-si, Jeju-do (Central Management Center)
Facility Size: 1-3 floors above ground / gross area approx. 9,000m2
Facilities Planning
| Facilities Planning | Area(m2) | Building-to-land ratio(%) | Floor area ratio(%) | Height | Purpose of building |
|---|---|---|---|---|---|
| Public convenience facilities | 11,743 | 40 | 120 | 12m (3stories) and under |
Business facility Neighborhood convenience facility |
Business type: direct investment from Jeju Free International City Development Center (JDC)
Business period: 2017 - 2021
Target facilities for investment attraction: hospitals, research facilities, and education facilities
Aerial View (Draft)
Reference) Investment Environment
Domestic health-care industry status
380,000 foreign patients visited Korea (2018)· 22.7% increase in annual average
· Total spending: KRW 2.1837 trillion
Bio-health industry: KRW 18 trillion export (2019)· 11.6% increase in annual average
· Government policy for intensive fostering of related businesses