Special Committee on K-Culture Valley of the Gyeonggi-do Council Adopted 36 Witnesses and Reference Persons

The Gyeonggi Provincial Council's Special Committee on Administrative Affairs Investigation on Allegations of Unfair Resolution of the K-Culture Valley Business Convention held its third meeting today (22nd) and adopted 24 witnesses and 12 witnesses.

In the case of witnesses, former and current executives in Gyeonggi-do, including Kim Sung-joong, the first vice governor of administration, Gyeonggi Housing and Urban Innovation Corporation (GH) executives, and Goyang City and Goyang City Management Corporation executives were included.

Kim Jin-guk, CEO of CJ Live City, who was a project implementer, also decided to call him a witness.

As a reference, officials from the Gyeonggi Research Institute, KEPCO, and Goyang civic groups were adopted, and officials from pre-consultation by the Board of Audit and Inspection were also decided to attend.

The controversial former governor Lee Jae-myung, current governor Kim Dong-yeon, and provincial governor's aides have decided not to adopt them as witnesses or witnesses.

The special committee will call witnesses and witnesses from the fourth meeting on the 5th of next month to consider why Gyeonggi Province did not accept the delayed prize money (delayed compensation) reduction arbitration plan of the "Public-Private Joint PF Coordination Committee" organized by the Ministry of Land, Infrastructure and Transport before the cancellation of the K-Culture Valley agreement, the reason why the agreement was lifted before the Board of Audit and Inspection's notification of the results of prior consultation on the arbitration proposal, and CJ Live City's alleged responsibility for the delay in construction.

It will also look at the direction of future projects, including the suitability of public development proposed by Gyeonggi-do as an alternative.

Earlier, on the 23rd of last month, the special committee was chaired by Kim Young-ki (Uiwang1), a member of the People's Power, and seven members of the Democratic Party of Korea, and will run for 90 days until December 21.

K-Culture Valley is a project to invest 1.8 trillion won (as of June 2020) on 326,400 square meters of land in Janghang-dong, Ilsan-dong-gu, Goyang-si to create K-pop specialty arenas, studios, theme parks, commercial, accommodation, and tourism facilities.

Gyeonggi Province decided to lift the "Basic Convention on the K-Culture Valley Project" signed in May 2016 on June 28 and convert it to a public development method, judging that CJ Live City, the implementer, has no will to push ahead with the project with the overall process rate of only 3%.