Galsa Bay Shipbuilding Industry Complex > Hadong District > Investment Plan

Current Status of Galsa Bay Shipbuilding Industrial Complex Development Project[2008 ~2021]

project overview

locationSwath of Galsa-ri and Gadeok-ri, Geumseong-myeon, Hadong-gun
project scale5.61㎢(1.7 million pyeong, sea level: 96 & land area: 74)
project budget1.597 trillion won (national and provincial: 498, private sector: 15,472)
implementerHadong District Development Project Co., Ltd., Hadong-gun
attraction industriesShipyards, shipbuilding equipment, offshore plants, research facilities, etc.

Progress so far(completion rate: 12.5%)

08. 9. 12.
Designation of development project implementerHadong-gun, Hadong District Development Project Co., Ltd.
10. 9. 28.
Daewoo Shipbuilding & Marine Engineering Co., Ltd. Conclusion of sales contract (660thousnd㎡)
12. 2. 29.
construction startHanshin Engineering & Construction Co., Ltd., the first contract amount of 323.4 billion won, commitment to completion
12. 5. 7.
PF loan agreementKRW 181.5 billion
14. 2. 13.
Suspension of construction34 billion won in donations not paid
15. 8. 1.
Establishment of lien for Hanshin Engineering & Construction Co., Ltd.No access to business district
15. 11. 11.
litigation for refund of sale priceDaewoo Shipbuilding & Marine Engineering Co., Ltd. → Hadong-gun
16. 3. 2.
Litigation for confirmation of non-existence of lienHagaedan Co., Ltd., Hadong-gun → Hanshin Public Service Co., Ltd.
17. 10. 13.
Release of lienfinal memorandum of agreement between Hanshin Engineering & Construction Co., Ltd. ↔ Hadong-gun
17. 10. 20.
Ha Gaedan Co., Ltd. filed for bankruptcyHadong-gun → Changwon Court
17. 11. 29.
Judgment in the first instance of a lawsuit against the return of the sale priceSeoul Central District Court
18. 1. 29.
Completion of repayment of 88.4 billion won in compensation claim for return of sale priceHadong-gun
18. 4. 17.
Ha Gaedan Co., Ltd. declared bankruptChangwon District Court
19. 2. 21.
Judgment of the appeals court in the claim for refund of the sale priceLoss in Hadong-gun
19. 6. 19.
Lawsuit for claiming construction paymentrejection of plaintiff, appeal
19. 11. 27.
MOU signedSinopec Group, Busan North Port Development Group, Hadong-gun
20. 1. 30.
Notification of approval of change of implementation planextension of project period '19 → '20
20.12.~21.2.
Notification of approval of development/implementation changeextension of project period '20 → '21
21. 4. 28.
Galsa Bay Shipbuilding Industry Complex Development Vitalization Research Commissioning

Future plans

Future plansNOV. 21 Completion of research commissioning for development revitalization of Galsa Bay Shipbuilding Industry Complex

Future plans

Future plans22. ~ Continued effort to find alternative business operators and attract investment for business normalization

Land use plan

Land use plan

Land use plan table

Land use plan table - classification, area size(㎡), composition ratio(%), etc
classification	area size(㎡)	composition ratio(%)
Total	5,612,938	100.0
Neighborhood living facility site	168,279	3.0
Support facilities	125,465	2.2
parking lot	42,814	0.8
commercial facility site	152,043	2.7
business facility site	64,360	1.2
substation	3,500	0.1
waste treatment facility	60,860	1.1
industrial facility site	3,585,630	63.9
shipyard	3,097,000	55.2
shipbuilding equipment	488,630	8.7
Research facility site	297,650	5.3
public facility land	1,344,976	53.9
road	599,804	10.7
park	468,382	8.3
buffer green area	193,516	3.5
wastewater treatment facility	17,807	0.3
drain pump station	1,508	0.0
relay pump station	603	0.0
reservoir	63,356	1.1

Daesong Industrial Complex Development Project Status[2009 ~2022]

project overview

locationSwath of Daesong-ri and Jinjeong-ri, Geumnam-myeon, Hadong-gun
project scale1.37㎢(0.41 million pyeong)
project budget276.7 billion won (national and provincial: 487, county: 2,280)
implementerHadong-gun
attraction industriesMetal processing product manufacturing business, other transportation equipment manufacturing business, other power generation business, primary metal manufacturing business, non-metallic mineral manufacturing business, food manufacturing business, etc.

Progress so far(completion rate: 98%)

08. 1. 24.
Designated as a development project operatorHadong-gun, Daesong Industrial Development Co., Ltd.
09. 11. 24.
Announcement of change of development plan and approval of implementation plan
13. 7. 29.
Land compensation consultation and payment notification(Hadong-gun, private land compensation 100%)
15. 1. 13.
Concluded a concession agreement for Daesong Industrial Complex
15. 2. 02.
Started construction of Daesong Industrial Complex
16. 3. 24.
Notification of approval of master plan for management
19. 4. 23.
Completion of Daesong Inner Expressway(L=3.3㎞, B=25m)
20. 11. 18.
Notification of approval of development plan change (14th) (Ministry of Trade, Industry and Energy)

Addition of attraction businesses, change of project cost (233.9 billion won → 276.7 billion won) and project period change ('09 ~ '20 → '09 ~ '22)
20. 12. 31.
Notification of approval of change of implementation plan (13th)

Development plan change (14th). Changes are reflected.
21. 3. 18.
Cancellation of designation as a project operator for Daesong Industrial Complex
21. 4. 1.
Designated as a substitute for the Daesong Industrial Complex project operator

Development project operator: Hadong-gun, Daesong Industrial Development Co., Ltd. → Hadong-gun
21. 5. 6.
Development plan change (15th) notice (Gyeongsangnam-do)

Change of project operator reflected, project cost classification, and location change of the business placement plan
21. 5. 24.
Daesong Industrial Complex Sales Announcement (Price: 847 won per pyeong)
21. 7. 1.
Notification of approval of change of implementation plan (14th)

Changes in the development plan (15th). changes are reflected, changes in land records (ownership change) and district unit plan change (addition of building usage)

Future plans

Future plans21. Second half Thorough completion of remaining processes in Daesong Industrial Complex

Future plans22. Second half Completion of Daesong Industrial Complex

Layout plan by industry

Layout plan by industry

Layout plan table by industry

토지이용계획표 - 구분, 유치업종, 블록명, 면적 등 정보제공
Classification		area size(㎡)	note
attraction industry	block name	area size(㎡)	note
industrial facility land		809,791
Other transportation equipment manufacturing(C31)	A1	58,281
Other transportation equipment manufacturing(C31)	A2	33,817
Other transportation equipment manufacturing(C31)	A3	71,201
Other transportation equipment manufacturing(C31)	A4	24,872
Other transportation equipment manufacturing(C31)	A5	39,745
Manufacturing of metal products; excluding machinery and furniture(C25) Electricity, gas, steam and air conditioning supply business (other power generation business)(D35)(D35)	A6	59,062	Addition of attracting businesses
Manufacturing of metal products; excluding machinery and furniture(C25) Non-metallic mineral manufacturing(C23) food manufacturing(C10)	A7	46,544	Addition of attracting businesses
Manufacturing of metal products; excluding machinery and furniture(C25)	A8	96,982
Manufacturing of metal products; excluding machinery and furniture(C25) Electricity, gas, steam and air conditioning supply business (other power generation businesses)(D35)	A9-1	164,863	Addition of attracting businesses
Manufacturing of metal products; excluding machinery and furniture(C25)	A9-2	62,712
Manufacturing of metal products; excluding machinery and furniture(C25) Electricity, gas, steam and air conditioning supply business (other power generation businesses)(D35)	A10	42,967	Addition of attracting businesses
Manufacturing of metal products; excluding machinery and furniture(C25) Primary metal manufacturing(C24)	A11	33,420	Addition of attracting businesses
Other transportation equipment manufacturing(C31)	A12	75,325

※ Electricity, gas, steam and air conditioning supply business (solar energy power generation business) (D35) can be put into the entire industrial site.

※ When the development project is completed, there may be area changes due to the cadastral survey.

Doowoo Leisure Complex Development Project Status[2012 ~2021]

project overview

locationSwath Gunghang and Gopo-ri, Geumseong-myeon, Hadong-gun
business scale2.72㎢(820,000 pyeong)
project budget313.9 billion won (private capital 3,139)
implementerDoowoo Leisure Development Co., Ltd.
attraction businessTourism and leisure facilities (27-hole golf course, leisure theme park, etc.)

Progress so far

15. 8. 13.
Announcement of designation of project operatorGwangyang Office Public Notice No. 2015-7
18. 4. 6.
Development plan change approval noticeMinistry of Trade, Industry and Energy, No. 2018-64
18. 7. 25.
Submission of application for approval of implementation plan (operator → GFEZ)
18. 8. 2.
Request for supplementation of the implementation plan approval application form (GFEZ → project implementer)
8. 8. ~ 10.
Meetings related to implementation plan supplementation (2 times) and urging to submit supplementary materials (3 times)
18. 11. ~ 12.
Notification of the implementation order of the project operator (3 times)

Reason: Non-payment of supplementary materials related to implementation plan approval and project implementation deposit (approximately KRW 11.5 billion)
18. 2. ~ 9.
Hearing for cancellation of designation of project operator (3 times)

․Hearing 1 (2.15), Hearing 2 (4.26), Hearing 3 (9.30)
19. 12. 5.
Announcement of cancellation of designation of project operator (public notice)
20. 5.~ 10.
Announcement of open call for business operators (2 times)
20. 12. 7.
Signed a business implementation agreement (GFEZ-Hadong-gun-Dowoo Leisure Development Co., Ltd.)
21. 2. 18.
Development plan change (1 year extension) notice (Gyeongsangnam-do Public Notice No. 2021-57)
21. 4. 20.
Reception of application for change of development plan (operator → GFEZ)
21. 6. 25.
The 79th Free Economic Zone Advisory Meeting
21. 7. 20.
Request for approval of development plan change (GFEZ→Ministry of Industry)
21. 9. 10.
The 125th Free Economic Zone Committee deliberation (passed deliberation)
21.10. 22.
Development plan change approval notice (Ministry of Trade, Industry and Energy, No. 2021-172)

Future plans

Future plans22. Second half Implementation plan establishment and approval

Future plans22. Second half construction start

Land use plan

Land use plan

Land use plan table

토지이용계획표 - 구분, 부지면적, 연면적 등 정보제공
classification			land area (㎡)	gross floor area (㎡)	note
Total business area			2,721,055	520,979
commercial facility land	Subtotal		20,873	32,854
commercial facility land	Theme village		20,873	32,854	Parking lot included
house construction site	Subtotal		134,813	278,476
	365 Town		89,076	238,842
	Terrace Hill (Villa)		22,045	29,634
	Green Village (detached house)		23,692	10,000
Land for tourism and entertainment facilities	Subtotal		1,418,759	209,649
	sports and entertainment facility	total	1,206,598	29,228
		Golf course (27 holes)	1,173,018	9,590	2 reservoirs including
		Leisure Park	33,580	1,653
	recreation culture facility	total	17,985	-
	recreation culture facility	Media Art Gallery	17,985	-
	recreational tourism facility	total	37,529	3,300
		Water park	8,999	-
		Kids Theme Park	13,007	3,300
		Pet park	15,523	-
	lodgment facility	total	156,647	195,106
		Hotel	19,043	43,324
		condominium-1	23,192	52,274
		condominium-2	11,039	23,535
		Golf village	81,997	30,800
		Living accommodation facilities	21,376	45,173
land for public facilities	total		1,146,610	-
	road		133,341	-
	parking lot		-	-
	greenery		997,549	-
	reservoir		-	-
	sewage treatment plant		15,720	-