from the Korea Times (12/9):
Center of Healthcare, Technology, Tourism
By Park Si-soo
Staff Reporter
"Jeju Island has been portrayed as one of the best tourist destinations with its picturesque green fields and mountains, and crystal blue ocean as a backdrop. Numerous tourists from home and abroad have visited the nation's largest island year round.
But Jeju took a bold step six years ago toward its long-cherished dream ㅡ the Northeast Asian hub of education, healthcare, tourism and high-end technology." ...
"Jeju Free International City Development Center (JDC) was established in 2002 to realize the dream through the ``Jeju Free International City Development Project.''" ...
"According to JDC, it has signed investment contracts worth $1.8 billion with a major Malaysian conglomerate Berjaya for resort-type residential facilities; a memorandum of understanding (MOU) worth $880 million with a U.S.-based entertainment firm GHL for an amusement park; and another MOU worth $330 million with Berjaya." ...
for the complete story
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