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[리포트] “Should we take over the Central Development Corporation?”.. Controversy over integration of insolvent companies ::::: Article

[리포트] “Should we take over the Central Development Corporation?”.. Controversy over integration of insolvent companies ::::: Article

November 12, 2024 Catherine Williams Business

◀ Anchor ▶

Controversy continues

Gangwon Development Corporation and Jungdo Development Corporation

Plans for integration are being considered.

Today, in the administrative affairs audit of the Gangwon Provincial Council,

It has been confirmed that related services are in progress.

both public companies

Because I owe hundreds of billions of won

Various concerns are emerging.

Reporter Baek Seung-ho reports.

◀ Report ▶

Provincial Government Office Building

An administrative complex town development site

Chuncheon Goeun-ri.

Kim Jin-tae listens to the provincial government

The court and prosecutor’s office were also relocated here.

Construction of apartments and commercial facilities is also planned.

The area is 998,000㎡, which is the size of 140 soccer fields.

Project cost approaching 1 trillion won

As a large-scale urban development project

Public enterprise under Gangwon-do

Gangwon Development Corporation is in charge.

However, the debt owed by Gangwon Development Corporation

Reaching 601.1 billion won

Can the administrative complex town be promoted normally?

There are quite a few concerns.

In this situation

Controversy over poor management

A plan to take on the Central Development Corporation

We are reviewing it.

◀ SYNC ▶Seungjae Oh/CEO of Gangwon Development Corporation

“The asset value of the Jungdo Development Corporation,

Risk and other analyzes

In fact, we are reviewing it internally.”

We are also in charge of developing the loads around Legoland.

The Jungdo Development Corporation also sells land that could not be sold.

Even if everything is sold, the deficit is over 100 billion won.

This is a company that has become a fait accompli.

◀ SYNC ▶Park Yoon-mi/Gangwon-do Assemblyman

“If you look at the Gangwon Development Corporation now, it is not easy.

It’s a financial situation, how do you do that?

The very idea of ​​considering what to take on is

“I was wrong.”

In this situation, Gangwon Development Corporation

Already beyond internal review

We are also working on feasibility services.

◀ SYNC ▶Yoon Gil-ro/Gangwon-do Assemblyman

“Did you do this service with the boss in mind?

Or for some other reason

Was it a service? Please be honest.

(This is the review process…)”

Both Gangwon Development Corporation and Jungdo Development Corporation

Gangwon-do-owned land and budget were invested.

It has been in operation.

In fact, hundreds of billions of won

It was run with taxpayers’ money.

Site development projects around Alpensia and Legoland, etc.

While pursuing major projects with Gangwon-do,

A huge debt was imposed on the people of the province.

◀ SYNC ▶Kim Hee-cheol/Gangwon Provincial Assemblyman

“We really looked at it very carefully.

It’s hard to do the Gangwon Development Corporation right now.

“How can we carry on with such a time bomb?”

Gangwon Development Corporation’s acquisition of Jungdo Development Corporation

Gangwon-do proposed.

MBC News This is Baek Seung-ho.◀ END ▶

(Video reporting/Choi Jeong-hyeon)

#Gangwon Development Corporation #Jungdo Development Corporation #Gangwon Provincial Council

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