Invest KOREA

Project Overview

• Location : Joyang-dong and Daepo-dong, Sokcho-si, Gangwon-do
• Development Area : 87,115㎡ ※ Accommodation facilities district completed
• Project Budget : KRW 204,110 million
• Facilities to be introduced : Seawater swimming pool, X-GAME room, Marnie museum, etc.
• Organized by : Sokcho-si + private capital attraction

Locational Condition

• Location : A port city located near northeast of Gangwon-do, in the close proximity to central city and express bus terminal, allowing easy access by tourists
• Accessibility (Transportation Infrastructure) : Seoul~Yangyang Highway (2 hours), Yangyang Airport (30 minutes)
  ※ Chuncheon-Sokcho Dongseo Highspeed Railway is scheduled to open in 2026
• Nearby tourism sites: Abundant natural environment, including Mt. Seorak, hot spring, and lagoon, etc.

Development Concept

• Need to respond to new tourism demand and create eco-friendly tourism sites reflecting regional characteristics ※ Plan is subject to change depending on private capital attraction

Land Status

• Status of Land by Ownership

  Status of Land by Ownership

  Classification	Total	National	Public	Private	Others
  Area (㎡)	231,748.3	6,854	69,665	145,413.3	9,816
  Share(%)	100.0	3	30	62.8	4.2

  ※ Of private land, 83,319㎡ is owned by Lotte Hotel

Incentives

• Article 12「Enforcement Decree on Promotion of Attraction of Enterprises and Investment(Subsidy support for infrastructure of tourism project)

Expected Results

• Pursue to revitalize local economy by providing various things to see, in keeping with trends, inducing long-stay tourism
• Synergy effects through the city's unique natural environment and excellent tourism facilities

• General Information about Sokcho-si

  • Area : 105.76K㎡
  • Population : 82,000
  • Characteristics :Abundant natural resources including Seorak mountain, Donghae, lake, etc.
• Investment Advantages
  

  • Improved accessibility
  • Excellent natural environment(Seorak mountain, sea, lake, etc.)
  • Korea's No.1 tourism city visited by more than 17 million tourists