The nation's second space center will be built on either Jeju Island or in South Jeolla Province and Gwangju City, as these two areas were the only ones to submit bids for the project. The Ministry of Science and Technology said on September 12 that it had received bids from the Jeju Special Self-Governing Province and the South Jeolla Province and Gwangju Metropolitan City consortium. The ministry will review the bids and make a final decision on the location by October. The second space center is designed to serve as a backup to the existing Naro Space Center in Goheung, South Jeolla Province, and to support the development of local space industries. The government plans to invest 470 billion won (US$377 million) in the project by 2028.
We haven't written up this one. Hankyoreh has the full story — the link below goes straight to it.
