Yeosu Dome Arena: 1.2 Trillion vs. 500 Billion Won—The Outcome Depends on Business Viability

[In-depth Diagnosis] Yeosu Dome Arena, 1.2 Trillion vs. 500 Billion... The outcome depends on business viability
Yeosu Netong News
For the same 20,000-seat capacity dome arena, project costs are split between 1.2 trillion won and 500 billion won. That is a massive difference of 700 billion won. As Mayor Seo Young-hak's 1.2 trillion won vision and Professor Kim Kyung-ho of Jeju National University's 500 billion won medium-sized dome construction plan clash over the core issue of the post-utilization of the Yeosu Expo site, significant attention is being focused on the basis for project cost calculation, financing, and operational feasibility. On October 14, the Ministry of Culture, Sports and Tourism...