SAEMANGEUM DEVELOPMENT CORP.

News

Saemangeum Development Corporation Hosts 2040 Vision Declaration Ceremony

Saemangeum Development Corporation Hosts 2040 Vision Declaration Ceremony- Declaration of Saemangeum as a Key Player in Expanding the Republic of Korea’s Territory -□ Saemangeum Development Corporation (CEO Na Kyung-gyun, hereinafter “SDCO”) held a 2040 Vision Declaration Ceremony on Tuesday, the 24th, at the Gunsan Saemangeum Convention Center (GSCO).The SDCO, established in September 2018, celebrated its 6th anniversary on this day. Based on its achievements over the years, it has newly established its management and business directions up to 2040 and informed the public of them.On this day at the Vision Declaration Ceremony, attended by over 200 employees and guests, SDCO CEO Na Kyung-gyun unveiled the new vision and the four major management goals to be achieved by 2040.ㅇSDCO’s new vision is “to be the key player in expanding the territory of the Republic of Korea through Saemangeum,” signifying the SDCO’s fundamental role and direction in leading the development of Saemangeum to produce tangible results that the public can experience.The four major management goals, which are specific objectives for realizing the vision, include responsible development of Saemangeum (105 km2), securing reinvestment funds for Saemangeum amounting to KRW 13.3 trillion (approximately USD 10.1 billion), regional economic impact of KRW 10.4 trillion (approximately USD 7.9 billion), and flawless management Triple-Zero.□ CEO Na Kyung-gyun stated, “As the SDCO celebrates its 6th anniversary, w

2024-09-24

News

Saemangeum Development Corporation Launches Alpha (α) Management Advisory Committee

Saemangeum Development Corporation Launches Alpha (α) Management Advisory Committee - Discussion on SDCO’s 2040 Management Goals with Eight Advisory Committee Members -□ Saemangeum Development Corporation (CEO Na Kyung-gyun, hereinafter “SDCO”) inaugurated the Alpha (α) Management Advisory Committee and held its first meeting on September 5 at its headquarters.ㅇ The Advisory Committee, composed of 10 experts from relevant institutions and academia, will provide recommendations and advice on management strategy and business direction for Alpha Management over the next two years.□ On this day, eight Advisory Committee members attended to discuss and provide recommendations on SDCO’s 2040 Management Goal aimed at achieving Alpha Management.ㅇ Meanwhile, Alpha Management’s core management policy, led by CEO Na Kyung-gyun, is derived from the three meanings of “Alpha.” “First Alpha” signifies a future city frontier, “Number One Alpha” represents the top expert in Saemangeum, and “Plus Alpha” denotes exceeding the expectations of the public.□ CEO Na Kyung-gyun stated, “As we have top experts in each field as our Advisory Committee members here, we will actively incorporate the valuable opinions shared in today’s meeting into SDCO’s management practices. This will help us achieve open management that reflects the opinions of the public.”

2024-09-05

News

Saemangeum Waterfront City Showcases a Smart Future

Saemangeum Waterfront City Showcases a Smart Future -Participation in the World Smart City Expo (WSCE) 2024-□ Saemangeum Development Corporation (hereinafter “SDCO,” CEO Na Kyung-gyun) will participate in the “World Smart City Expo (WSCE) 2024,” which will be held for three days from September 3 to 5. During the event, the SDCO will showcase the smart city construction plans for the first city to be built in Saemangeum, “Saemangeum Smart Waterfront City.”ㅇ The WSCE 2024 is the largest international smart city event in the Asia-Pacific region, jointly hosted by the Ministry of Land, Infrastructure and Transport and the Ministry of Science and ICT. This event serves as a platform for showcasing and exchanging smart city policies and technologies, all aimed at creating better future cities.□ During the Expo, the SDCO will introduce various smart city concepts and smart services to be implemented in waterfront cities, focusing on the themes of “Digital Waterfront (Marine City),” “Land, Sea, and Air Total Mobility,” and “Smart Safe City,” through its exhibition hall.ㅇ The Digital Waterfront, an experiential tourism smart service utilizing waterfront spaces, is set to be unveiled. Digital glass will be installed in the waterfront area, allowing visitors to enjoy media art while taking a stroll along the waterside. Additionally, by implementing media functions on the exterior walls of buildings, the “digital facade” not only enhances the visual beauty of urban architecture but als

2024-09-03

News

Saemangeum’s First City at the “KOREA Real Estate Trend Show 2024”

Saemangeum Development Corporation Introduces Saemangeum’s First City at the “KOREA Real Estate Trend Show 2024”- Presenting the Future Vision of a Waterfront City Growing with Businesses -- Attracting High Interest in Waterfront City Sales from the First Day -Saemangeum Development Corporation (hereinafter “SDCO,” CEO Na Kyung-gyun) will participate in the KOREA Real Estate Trend Show 2024, held at COEX in Seoul from August 16 to 17, and will operate an exhibition booth introducing Saemangeum Waterfront City.ㅇThe “KOREA Real Estate Trend Show 2024” is a premier real estate exhibition of Korea, hosted by Chosun Ilbo and sponsored by the Ministry of Land, Infrastructure and Transport and the Seoul Metropolitan City. This event offers real estate investment strategies, comprehensive information on real estate sales and regional development, the latest real estate market forecasts and business opportunities, an all-inclusive business exhibition zone, seminars, and one-on-one real estate consulting opportunities.□ Saemangeum’s first city, Saemangeum Waterfront City, is a large-scale urban development project covering an area of 6.6 km2 (2 million pyeong) within Zone 2 of the Mixed-use Development Area. Through this exhibition, the SDCO emphasized that waterfront cities are not merely residential complexes but future cities growing alongside businesses. ㅇ Plans are underway to establish a “Work-Live-Play” platform within the Saemangeum Industrial Complex in the waterfront city.

2024-08-16

News

Saemangeum Development Corporation CEO Na Kyung-gyun Visits Tungamoy Metals Inc.

Saemangeum Development Corporation CEO Na Kyung-gyun Visits Tungamoy Metals Inc.- Looking Forward to Future Cooperation and Mutual Growth -□ Saemangeum Development Corporation (hereinafter “SDCO”) CEO Na Kyung-gyun met with Wu Ruqing, CEO of Tungamoy Metals Inc., today (1st), and pledged future cooperation.ㅇ Tungamoy Metals Inc. is the first Chinese company established in the Saemangeum Industrial Complex as an investment in Korea by the Chinese company Xiamen Tungsten. ㅇ By producing tungsten oxide, an essential raw material for manufacturing cutting tools and semiconductors, at the Saemangeum Industrial Complex and supplying it to domestic customers, it plays a crucial role in providing a stable supply chain for tungsten, which has been highly dependent on overseas sources. □ SDCO officials received a briefing from Tungamoy Metals Inc. CEO Wu on the current operations of the company’s headquarters in China and its factory in South Korea. They discussed the company’s challenges and future investment plans. □ SDCO CEO Na Kyung-gyun stated, “We hope that prominent Chinese companies like Tungamoy Metals Inc. will gather in Saemangeum,” and added, “We will do our utmost to develop Saemangeum and attract investments so that Chinese companies will choose to invest in Saemangeum in the future.”

2024-08-01

News

Saemangeum Development Corporation Hosts Environmental Campaign with Citizens!

Saemangeum Development Corporation Hosts Environmental Campaign with Citizens!- Join Us in the Eco Island Campaign! -□ The Saemangeum Development Corporation (hereinafter “SDCO”) conducted the Eco Island Campaign with citizens on July 29. The "Eco Island Campaign” is an event that involves plogging with citizens visiting the Gogunsangundo Islands to promote environmental cleanup activities. This year marks its fourth year of implementation.※ ”Plogging” refers to the act of picking up litter while jogging.□ The campaign was conducted at Seonyudo Beach, a popular destination for vacationers in family units during the summer vacation. Citizens and vacationers who participated in the campaign received a plogging kit containing pay-as-you-throw bags, gloves, and tongs and joined efforts to keep Seonyudo Beach clean. The waste collected on this day amounted to approximately 2,000 liters, and the SDCO presented small gifts to those who participated in the campaign.ㅇ A citizen who participated in the Eco Island Campaign stated, “It was a great event where my child could directly participate in and experience environmental protection activities,” and added, “I will continue to take part in even small actions with my child in the future.”

2024-07-30

News

Saemangeum Development Corporation CEO Na Kyung-gyun Joins Bye Bye Plastic Challenge

Saemangeum Development Corporation CEO Na Kyung-gyun Joins Bye Bye Plastic Challenge- Leading the Way in Reducing Unnecessary Plastic Use and Protecting the Environment -□ Saemangeum Development Corporation (hereinafter “SDCO”) CEO Na Kyung-gyun has joined the social media relay campaign “Bye Bye Plastic Challenge” to reduce unnecessary plastic use and promote ethical consumption.ㅇ The “Bye Bye Plastic Challenge” is a nationwide campaign initiated by the Ministry of Environment in August of last year to reduce unnecessary plastic usage. Participants in the campaign are encouraged to post a photo of themselves waving goodbye with both hands, symbolizing “Bye” to plastic, and then nominate the next participant.□ CEO Na Kyung-gyun participated in the campaign with the SDCO mascot, Saegongi, and emphasized using tumblers instead of paper cups, using shopping baskets instead of plastic bags, using handkerchiefs instead of wet wipes, and actively using and properly disposing of recyclable products.The SDCO, including the CEO and all employees, is actively participating in eco-friendly activities. Every year, we organize marine environmental cleanup volunteer activities. In addition, during the tour season, we conduct a plogging environmental campaign at Seonyudo Beach, where we collect trash together with citizens. This year, we plan to conduct two sessions to coincide with the upcoming summer vacation period.※ “Plogging” refers to the act of picking up litter while jogging, comb

2024-07-30

News

Saemangeum Development Corporation Welcomes Chinese Embassy Delegation in South Korea to Strengthen

Following CEO Na Kyunggyun’s visit to the Chinese Embassy in South Korea on June 3, the embassy delegation was also invited to the Saemangeum site.In continuation of discussions held on June 3, 2024, between CEO Na Kyunggyun and Ambassador Xing Haiming regarding Saemangeum development cooperation, Saemangeum Development Corporation (hereinafter “the Corporation”) hosted a visit to the Saemangeum site by a delegation led by Wang Zhilin, Economic Counselor of the Chinese Embassy. This visit aimed to strengthen economic cooperation between South Korea and China and to facilitate Chinese corporate involvement in the development of the Saemangeum area. Wang Zhilin, Economic Counselor, reviewed the development progress and key initiatives in the Saemangeum area and deliberated on strategies to enhance economic collaboration between the two nations.The Corporation introduced the Saemangeum Waterfront City project, highlighting it as the “inaugural city” of Saemangeum. This pivotal tri-port hub is equipped with land, sea, and aerial infrastructure, including the Saemangeum International Airport, a new port, inbound railways, and north-south highways.Emphasis was placed on the potential of Saemangeum Waterfront City as a distribution hub for the Pan-Yellow Sea, supported by specialized residential, educational, and medical facilities.The Corporation detailed opportunities in the tourism cruise business facilitated by the new port, introduced plans for a futuristic industrial complex

2024-06-28