JDC assumes ownership of Yerae Resort Complex
Berjaya Jeju Resort failed to make loan payment

The Jeju Free International City Development Center has taken over majority ownership of the highly controversial Yerae Resort Complex… after Berjaya Jeju Resort, the previous major stakeholder and project operator, failed to repay loans that were due Wednesday.

The JDC, which formerly controlled only 19 percent of the project, will now be paying back the 107 billion won loan instead of Berjaya. It also claims ownership of around 87 percent of the land on which the complex was planned. Legal disputes forced a halt to construction last March.

The JDC has said it will discuss the future of the complex with the Berjaya Group. Pundits say, however, that now that the JDC has become the major shareholder, the project is likely to be scrapped altogether.

JDC, 예래단지 대출금 상환…사업부지 소유권 이전

버자야 제주리조트가 갖고 있던
예래휴양형주거단지 사업부지 소유권이
결국 제주국제자유도시개발센터로 넘어오게 됐습니다.

JDC는 사업자인 버자야제주리조트가 상환기일인 오늘(20일)까지 대출금을 갚지 않으면서 대출금 1070억 원에 대한 상환절차에 들어갔습니다.

오늘 대출금을 모두 상환하면 JDC는 지난 2013년 맺은 매매예약에 따라
예래단지 2단계부터 9단계 사업부지 65만제곱미터를 소유하게 됩니다.

이에따라 버자야제주리조트가 추진하던
예래동 사업 역시 사실상 무산될 처지에 놓였습니다.