BS Corp.

Solaseado
Solaseado01 Project Overview
Solaseado02 Development Plan (Concept)
Solaseado03 Investment Information
Solaseado04 Investment Inquiries

Solaseado

Based on sunlight, which is the source of life,
Nature, people and technology coexist
Create a future city with new standard.

Garden City
Energy City
Human City
Smart City

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Project Overview

Location	Guseong-ri, San-myeon, Haenam-gun, Jeollanam-do
Area	20,899,330㎡
Project Period	2012-2030
Project Vision	Building a shared city for all urban residents to benefit from future civilization Eco-friendly Future City

Project Operator	Southwest Coast Enterprise City Development Co., Ltd. ← Jeollanam-do Province, Jeonnam Development Corporation, Korea Tourism Organization, Kwangju Bank, BS Corp Inc., Hanyang Co., Ltd.
Project Schedule	2007 establishment of a project implementation corporation → 2010 designation of development zone and approval of development plan → 2013 groundbreaking ceremony → 2017 completion of development project stage 1 → 2019 Selected as Jeollanam-do Bluecity → 2019 The construction of the largest solar power plant in Korea → 2021 SOLASEADO CC Open → 2022 Selected as a regional base smart city → 2023 SANI Garden Pre-open → 2023 Push ahead with AI Data center Construction → 2024 SGV Sale(planned) → 2025 SANI Garden Grand Open(planned) → ~2030 Step-by-Step Completion

Project Operator

Southwest Coast Enterprise City Development Co., Ltd. ← Jeollanam-do Province, Jeonnam Development Corporation, Korea Tourism Organization, Kwangju Bank, BS Corp Inc., Hanyang Co., Ltd.

Project Schedule

2007 establishment of a project implementation corporation → 2010 designation of development zone and approval of development plan → 2013 groundbreaking ceremony → 2017 completion of development project stage 1 → 2019 Selected as Jeollanam-do Bluecity → 2019 The construction of the largest solar power plant in Korea → 2021 SOLASEADO CC Open → 2022 Selected as a regional base smart city → 2023 SANI Garden Pre-open → 2023 Push ahead with AI Data center Construction → 2024 SGV Sale(planned) → 2025 SANI Garden Grand Open(planned) → ~2030 Step-by-Step Completion

Project Progress

2004. 12
Promulgation of the Special Act on Corporate Urban Development
Act No. 10236
2004. 12
Selected as regional pilot project (Ministry of Culture and Tourism)
2005. 12
Designated as restricted zone and granted a development permit
2006. 02
Yeongam Haenam Tourism Leisure City Development Plan approved (Korea Tourism Organization)
2006. 04
Feasibility study on Yeongam Haenam Tourism Leisure City Development Plan (Korea Tourism Organization)
2007. 06
Establishment of a corporation dedicated to the implementation of the Yeongam Haenam Tourism Leisure City Project
2007. 08
Urban Planning Facility implementation plan notice
2007. 12
Application for designation of Yeongam Coast Tourism Leisure City as a development zone and approval of development plan
2010. 01
Designation and approval of Yeongam Coast Tourism Leisure City development zone and construction plan
2013. 12
Groundbreaking ceremony
(Attended by the Prime Minister)
2017. 08
Completion of the first phase of the enterprise city development project (public water reclamation)
2019. 07
Selected as Blue City one of the six Blue Economy Projects in Jeollanam-do Province
2019. 12
Construction of solar power complex
2021.08
SOLASEADO CC Open
2022~ 2025
SOLASEADO Golf & Village Housing sales and move-in by stages

Transportation Status

Metropolitan Transportation Status

Flight and Port	Muan International Airport is located within 40km of the site - Muan International Airport ~ project site (within 40 minutes distance), 12 international routes (1 million passengers expected in 2019) Mokpo New Port is located within 10km

Flight and Port

Muan International Airport is located within 40km of the site
- Muan International Airport ~ project site (within 40 minutes distance), 12 international routes (1 million passengers expected in 2019)

Mokpo New Port is located within 10km

Railway	When the Mokpo-Boseong line is completed, the southern coastal railway linking Mokpo-Busan will connect with the existing Gyeongjeon (Gwangju Songjeong-Samnyangjin) line (scheduled for 2020)
Highway	Seohaean Expressway (Seoul to Mokpo) is available The opening of Namhae Expressway (Yeongam-Suncheon-Busan, 2012) facilitates regional development in the western and southern regions of Jeollanam-do The opening of the Busan-Mokpo Coastal Expressway is expected to increase the number of tourists in the Gyeongsang region.

Railway

When the Mokpo-Boseong line is completed, the southern coastal railway linking Mokpo-Busan will connect with the existing Gyeongjeon (Gwangju Songjeong-Samnyangjin) line (scheduled for 2020)

Highway

Seohaean Expressway (Seoul to Mokpo) is available

The opening of Namhae Expressway (Yeongam-Suncheon-Busan, 2012) facilitates regional development in the western and southern regions of Jeollanam-do

The opening of the Busan-Mokpo Coastal Expressway is expected to increase the number of tourists in the Gyeongsang region.

Regional Transportation Status

Railway	Seohaean Expressway Seoul to Mokpo
	Mokpo Gwangyang Expressway Gwangyang ~ Mokpo
	Muan Guangju Expressway Gwangju ~ Muan
Local and National Route	National Route 1 Gwangju ~ Mokpo National Route 2 Suncheon ~ Mokpo
	National Route 77 Muan ~ Jindo (Expected in 2020) National Alternative Route Mokpo IC ~ Samho Heavy Industries (2011)
	National Alternative Route Seoul ~ Mokpo Local Highway 49 Gwangyang ~ Mokpo
	Local Highway 49 Gwangju ~ Muan East Entry Road Gwangju ~ Muan

Railway	Seohaean Expressway Seoul to Mokpo Mokpo Gwangyang Expressway Gwangyang~ Mokpo Muan Guangju Expressway Gwangju~ Muan
Local and National Route	National Route 1 Gwangju ~ Mokpo National Route 2 Suncheon ~ Mokpo National Route 77 Muan ~ Jindo (Expected in 2020) National Alternative Route Mokpo IC ~ Samho Heavy Industries (2011) National Alternative Route Seoul ~ Mokpo Local Highway 49 Gwangyang ~ Mokpo Local Highway 49 Gwangju ~ Muan East Entry Road Gwangju ~ Muan

Railway

Seohaean Expressway Seoul to Mokpo

Mokpo Gwangyang Expressway Gwangyang~ Mokpo

Muan Guangju Expressway Gwangju~ Muan

Local and National Route

National Route 1 Gwangju ~ Mokpo

National Route 2 Suncheon ~ Mokpo

National Route 77 Muan ~ Jindo (Expected in 2020)

National Alternative Route Mokpo IC ~ Samho Heavy Industries (2011)

National Alternative Route Seoul ~ Mokpo

Local Highway 49 Gwangyang ~ Mokpo

Local Highway 49 Gwangju ~ Muan

East Entry Road Gwangju ~ Muan

※ The development plan can be changed according to the investment environment and the needs of the investor.

Investment Information

Investment Strengths

Classification	20,899,330㎡ Empty new town, can incorporate Fourth Industrial Revolution technology Best solar radiation in the country, second-most farming families in the country (150,000 Households)
Tourism Environment	Creating a new growth tourism belt on the southwest coast (4 trillion KRW investment) Surge of new visitors due to the designation of the Mokpo Modern Culture and History Zone Mokpo Marine Cable Car (Opening in September 2019) Shinan County Cheonsa Bridge opened in April 2019 (2.2 million people / 100 days)
Natural Environment	Ecotourism using natural resources A vast flatland and inland waterway surrounded by two lakes and the Yellow Sea - No. 1 in National Environment Survey for Yeongam Lake, and Kumho Lake

Classification

20,899,330㎡

Empty new town, can incorporate Fourth Industrial Revolution technology

Best solar radiation in the country, second-most farming families in the country (150,000 Households)

Tourism Environment

Creating a new growth tourism belt on the southwest coast (4 trillion KRW investment)

Surge of new visitors due to the designation of the Mokpo Modern Culture and History Zone

Mokpo Marine Cable Car (Opening in September 2019)

Shinan County Cheonsa Bridge opened in April 2019 (2.2 million people / 100 days)

Natural Environment

Ecotourism using natural resources

A vast flatland and inland waterway surrounded by two lakes and the Yellow Sea
- No. 1 in National Environment Survey for Yeongam Lake, and Kumho Lake

Climate Conditions	Fine dust-free areas (8.7% of the national average) : Mokpo 41μg/㎥ ※ Nationwide 47μg/㎥, 44μg/㎥ in Jeju, 49~62μg/㎥ in Gyeonggi Province (WHO Standard: bad levels 51~75㎍/㎥) Temperate climate (a yearly average of 14°C) with outdoor activities available for all four seasons
Behind-the-scenes Infrastructure	Fostering talent centered on the Fourth Industrial Revolution (GIST, Energy, S/W Convergence University, etc.) Automotive Infrastructure (F1 racecourse, tuning center, e-mobility center) Bitgaram Energy Valley (Korea Electric Power Corp. and 16 other public organizations) Namak New Town (Jeonnam-do Provincial Government), Daebul National Industry, Samho General Industrial Complex
Local Government Support	Department in charge of corporate cities Jeollanam-do corporate city office Haenam-gun enterprise city team in operation

Climate Conditions

Fine dust-free areas (8.7% of the national average) : Mokpo 41μg/㎥
※ Nationwide 47μg/㎥, 44μg/㎥ in Jeju, 49~62μg/㎥ in Gyeonggi Province
(WHO Standard: bad levels 51~75㎍/㎥)

Temperate climate (a yearly average of 14°C) with outdoor activities available for all four seasons

Behind-the-scenes Infrastructure

Fostering talent centered on the Fourth Industrial Revolution (GIST, Energy, S/W Convergence University, etc.)

Automotive Infrastructure (F1 racecourse, tuning center, e-mobility center)

Bitgaram Energy Valley (Korea Electric Power Corp. and 16 other public organizations)

Namak New Town (Jeonnam-do Provincial Government), Daebul National Industry, Samho General Industrial Complex

Local Government Support

Department in charge of corporate cities

Jeollanam-do corporate city office

Haenam-gun enterprise city team in operation

Classification

20,899,330㎡

Empty new town, can incorporate Fourth Industrial Revolution technology

Best solar radiation in the country, second-most farming families in the country (150,000 Households)

Tourism Environment

Creating a new growth tourism belt on the southwest coast (4 trillion KRW investment)

Surge of new visitors due to the designation of the Mokpo Modern Culture and History Zone

Mokpo Marine Cable Car (Opening in September 2019)

Shinan County Cheonsa Bridge opened in April 2019 (2.2 million people / 100 days)

Natural Environment

Ecotourism using natural resources

A vast flatland and inland waterway surrounded by two lakes and the Yellow Sea
- No. 1 in National Environment Survey for Yeongam Lake, and Kumho Lake

Climate Conditions

Fine dust-free areas (8.7% of the national average) : Mokpo 41μg/㎥
※ Nationwide 47μg/㎥, 44μg/㎥ in Jeju, 49~62μg/㎥ in Gyeonggi Province
(WHO Standard: bad levels 51~75㎍/㎥)

Temperate climate (a yearly average of 14°C) with outdoor activities available for all four seasons

Behind-the-scenes Infrastructure

Fostering talent centered on the Fourth Industrial Revolution (GIST, Energy, S/W Convergence University, etc.)

Automotive Infrastructure (F1 racecourse, tuning center, e-mobility center)

Bitgaram Energy Valley (Korea Electric Power Corp. and 16 other public organizations)

Namak New Town (Jeonnam-do Provincial Government), Daebul National Industry, Samho General Industrial Complex

Local Government Support

Department in charge of corporate cities, Jeollanam-do corporate city office, Haenam-gun enterprise city team in operation

Solaseado

We are recruiting investors to join Solaseado, an eco-friendly city, where leisure tourism is enjoyed in a natural environment and future civilization centered on people becomes a reality.

Investment Consultation

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