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Greenland Jeju Healthcare Town

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China's Greenland Group decides to invest in Jeju. JDC signed MOA with Greenland Group for Jeju Healthcare Town. JDC said on July 11 that it has signed a memorandum of agreement (MOA) with Greenland Group in Shanghai, China, to attract investment to the Jeju Healthcare Town (JHT) project.

The Minister of Land, Transport and Maritime Affairs Kwon Do-youp, JDC Chairman Byon Jong-il, Mayor of Seogwipo City Kim Jae-bong, and representatives from Greenland Group participated in the MOA signing ceremony held in Shanghai.

Under the agreement, Greenland Group will build a medical R&D center, recreational and cultural facilities, and accommodations, investing some KRW1 trillion in approximately 778,000 square meters out of the JHT's 1.54 million-square-meter site.