Plans to construct a large-scale privately-funded tourist complex in front of Busan 오륙도 dubbed “Seaside”, including a hotel and a water park, are on the verge of collapse.
The seaside construction project is in limbo as the land sale has not been completed and the developer and construction companies are yet to be chosen.
The approval for the construction project will end on December 10th. If an application for the establishment of the new construction plan is not received by November of 2016, the project’s designation as a tourist attraction will be cancelled.
Source: Busan eFM News
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