|Date||Date of Registration : Mar 05, 2019
Date of Revision : Mar 05, 2019
|Country / Area||Jeju-do, Republic of Korea|
5000 Real estate businesses
5700 Civil service (national and local government organizations)
8101 Aimed at the aged
|Target Country / Area||All Countries / Areas|
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Look for Investor: Medical Complex for Tourism, Healthcare etc
<< DESCRIPTION >>
We are looking for investor for our Healthcare Town project.
Our company develops project site and attracts investment. Healthcare Town already received investment in a half of available site from a Chinese company. We are now looking for other investors for the rest of site.
-Project Name : Healthcare Town
-Purpose : Provision of specialized global medical environment as a key industry of Jeju Free International City for vitalizing medical industry and medical tourism.
-Location : Donghong-dong & Topyeong-dong, Seogwipo-si, Jeju-do, Republic of Korea
-Total Area : 1,539,013m2
-Development Type : Medical complex combined with medical services, resort and R&D
-Project Period : 2008~2021
**Rough Breakdown of the Investment
Development of available site(Healthcare Center, Specialized Hospital, Medical Street 1~6, Retirement Community, Long Term Care Town, Rehabilitation Center)
-Healthcare Center: IRR 20.8%, NPV 99.6 billion KRW(Approx. 88.56 million USD)
-Specialized Hospital: IRR 5.0%, NPV -41.4 billion KRW(Approx. 36.8 million USD)
-Medical Street 1~6: IRR 22.3%, NPV 145.1 billion KRW(Approx. 129.02 million USD)
-Retirement Community: IRR 10%
-Long Term Care Town: IRR 12.0%, NPV 8.2 billion KRW(Approx. 7.29 million USD)
(Based on the analysis conducted in 2011)
Prospective Investors Type : Medical institutes, Financial investors, Hospital operators, etc.
Prospective Investors Category : Medical service, Senior town developers or operators, Healthcare-related businesses, etc.
Investor : Chinese company
Total Investment Amount : Approximately one trillion KRW
Development Area : 387,684m2