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Jeju Island got the green light to build “Jeju Knowledge Center”
Jeju Island appears to step up the pace to push ahead with the provincial project to set up what’s called “Jeju Knowledge Center” near Jeju University as the budget plan for the construction was officially approved by the government this time. The provincial government announced on Sep 7 that the year 2021 budget allocation for the project amounts to nearly KRW 1 billion.
Jeju Island is in the course of building up the center, which is believed to transform the industrial structure which has largely remained in the primary and tertiary business sectors and to develop future growth engines and local venture firms. The center will become a four story with a sub-basement building (gross area: 8,250㎡) on a 8,812㎡ site near Ara-dong by the end of 2024. The cost for the construction project is reported to total KRW 29 billion.
kjm@newsis.com
** This article was translated from Korean.
Date
2020.09.10
Views
358
According to Newsis,
Jeju Island appears to step up the pace to push ahead with the provincial project to set up what’s called “Jeju Knowledge Center” near Jeju University as the budget plan for the construction was officially approved by the government this time. The provincial government announced on Sep 7 that the year 2021 budget allocation for the project amounts to nearly KRW 1 billion.
Jeju Island is in the course of building up the center, which is believed to transform the industrial structure which has largely remained in the primary and tertiary business sectors and to develop future growth engines and local venture firms. The center will become a four story with a sub-basement building (gross area: 8,250㎡) on a 8,812㎡ site near Ara-dong by the end of 2024. The cost for the construction project is reported to total KRW 29 billion.
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kjm@newsis.com
Source: Newsis (Sep 7, 2020)
** This article was translated from Korean.