The Korean government designated an area last month for the construction of a large tourism district by 2018. About KRW 70 billion in both state and district government spending will go into building what will be Korea’s largest tourism and recreation district, in Muan, which initially proposed the project.
Also, the government will seek more than KRW 90 billion in private investment. The project aims to build tourism infrastructure in the 39.3 square kilometer special district, which will help develop Korea’s tourism industry.
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