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Jeju Free International City Development Center
Jeju Free International City Development Center was founded in 2002 to advance economic projects on Jeju Island. It functions as a government-linked vehicle...
Jeju Free International City Development Center
Jeju Free International City Development Center was founded in 2002 to advance economic projects on Jeju Island. It functions as a government-linked vehicle under oversight from the Ministry of Land, Infrastructure and Transport. The center allocates across real estate, industrial parks, and mixed-use developments. Confirmed holdings include Jeju Science Park, Jeju Global Education City, and Jeju Healthcare Town. It executes direct ownership and joint-venture structures with partners including Greenland Group and Landing International. Geographic focus remains South Korea with emphasis on Jeju Island. Assets total 1363 million USD. The center maintains eight major projects and seven documented business relationships. May 2024: Participated as speaker at the Global ESG Conference in Jeju. The entity operates under direct government mandate with ticket sizes from 5 million to 500 million USD and investment horizons of 10 to 20 years.
General information
Firm type
Government / Public Body
Year founded
2002
Location
Region
Asia
Country
South Korea
City
Jeju-si
Corporate office
213-4 Cheomdanro, Jeju-si, Jeju, South Korea 63309
Sector focus
Frequently asked questions
Who oversees investment decisions at Jeju Free International City Development Center?
Decisions follow mandates from the Ministry of Land, Infrastructure and Transport with internal project teams executing approved developments.
Does the center participate in fund commitments or only direct deals?
The center executes direct ownership and joint-venture structures on specific projects rather than external fund commitments.
What asset classes receive allocation?
Allocations target real estate, industrial parks, education facilities, healthcare complexes, and tourism infrastructure on Jeju Island.
Which partners have executed projects with the center?
Partners include Greenland Group on Jeju Healthcare Town and Landing International on Jeju Shinhwa World.
What is the known investment horizon?
Projects target 10 to 20 year horizons per the center's stated parameters.
How does the center source deal flow?
Flow originates through government planning, local development mandates, and direct negotiations with international developers.
What ESG posture has been disclosed?
The center states a focus on carbon neutrality by 2035, job creation, and ethical governance.
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