Support Facilities Complex in Gwangyang Port, Gwangyang City's own development.

The development project for the Support Facilities Complex, which planned to contribute to shipping companies in Gwangyang port, has changed hands from a joint Gwangyang City ?Cand the container port industrial complex project to Gwangyang City's being the sole developer.
Gwangyang city announced Aug. 26, "There are 588,000?O. We will lead development 378,000?O, and the government 210,000?O."
At Gwangyang City's request, the project change is almost complete with only the issue of administration to settle.
The Government announcement the reason for the change as “complications between Gwangyang City and the container port industrial complex.”
"To disentangle a complicated matter, Gwangyang City decided to lead the development.”
Gwangyang will form a public corporation for the project. Its capital is about 20 billion won. Chunnam state will invest 3-4 billion, and Gwangyang 16-17 billion won." LeeSungWoong, the mayor of Gwangyang, said.