The province’s capital verification committee has set down with JCC to discuss the (오라) Ora Tourism Complex development project.
However, the meeting concluded without any outcomes.
Joseph Kim reports.

[slug] Meeting room at provincial office
The province organized a committee in 2017 to verify that the developer of the (오라) Ora Tourism Complex had the required capital.
The committee met for the first time in ten months, since their last meeting in December 2018.
It was the committee’s fifth meeting and the developer, JCC, attended the meeting for the first time.
The Chinese chair of the developer reaffirmed its commitment to proceed with the development project at the meeting.
The committee had requested a 330 billion won deposit be placed in the province's bank account and set June 30th of this year as the deadline for the deposit. But the developer had refused to pay it.
The chair says it’s unrealistic to deposit such a huge amount of money due to the uncertainty surrounding the project approval.

[slug] JCC: Ready to deposit 100 mnl USD once approval is made
Instead, the chair promises to deposit 100 million USD once the project is approved and shows confidence in its financial strength.

Recording
Jo Jae-hyeon / Representative, JCC
JCC and its parent company reaffirm our commitment to proceed with the development of the Ora Tourism Complex.
씽크)조재현 JCC(주) 상무
JCC와 화융의 입장은 지금까지 또 앞으로도 오라관광단지 사업에 있어서 사업추진의지는 전혀 변함이 없다라고 다시 한번 말씀드리고...

Some of the committee members expressed their strong dissatisfaction with the refusal to make the deposit by the developer.
Some urge for a quick conclusion, while others say the matter should be reviewed carefully.
The meeting that lasted three hours concluded without any concrete outcomes.

[slug] JCC fails to persuade committee, Committee to submit written opinion to province
The developer made several suggestions, but it failed to persuade committee members.
The committee agreed to submit its written opinion to the province within a month.
The opinion is expected to be submitted to the province in mid-November and delivered to the provincial council afterward.
[Reporter] Joseph Kim
[Camera] Kim Yong-min
The capital verification committee organized in December 2017 has wasted almost two years without making any concrete conclusions.
Joseph Kim, KCTV