Invest in the Future of Jeju Part 03. Jeju Free International City Development Center (JDC) 30 31 JDC Project Guide & Investment Proposal 1. About Jeju Free International City Development Center (JDC) Central government public enterprise (under Ministy of Land, Infrastructure and Transport, Rep of Korea) Established to promote government level development/investment to build Jeju into a free international city. (2002) Type of Organization Purpose of Establishment ◇ To enhance industrial promotion. attract business and investment based on infrastructures of main projects of the Free International City (medical care, education, tourism, high-tech) in order to gain global competitiveness ◇ To operate domestic dutyfree shop to raise funds for developemental projects ◇ To carry out supporting projects for internationalization and increase of income for local residents Role Key Project Achievements Changes in Social Economic indicator in Jeju after the Establishment of JDC Operating 4 international schools within the English Education City (Around 4,800 students enrolled) Around 200 companies residing in Advanced Science & Technology Complex As of 2020 KRW 6,197B of Sales 3,042 ppl employed Cumulative savings for cost of studying abroad Estimated to be KRW 1,119.6B (As of September 2022) ◇ Investment from Greenland Holdings to Healthcare Town ◇ Healthcare Town Medical Service Center completed (December 2021) Myths and History Theme Park Revitalization of Korea’s largest integrated resort with investment from Landing Group Presidential Organizational Citatoin for foreign investment attraction 2017 2021 Population 697,000 GRDP(KRW) 19.6trillion Tourists 12.01million Foreigners 48,000 Cooperation System with Relevant Organizations •Jeju지원위원회 Republic of Korea Government Ministry of Land, Infrastructure, and Transport Jeju Free International City Development Center Jeju Special Self-Governing Province Office of Government Policy Coordination / Jeju Support Committee Tourists 4.11million Foreigners 290,000 Population 542,000 GRDP(KRW) 4.8trillion 2001 Tourists 8.74million Foreigners 1.04million Population 580,000 GRDP(KRW) 11.8trillion 2011 Tourists 14.31million Foreigners 1.22million Population 692,000 GRDP(KRW) 18trillion 2018
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