US developer proposes a medical city near Incheon

 

Panepinto Properties and Panepinto Global Partners, based in Jersey City, US have proposed a medical city to attract medical tourism to the city of Incheon, which borders Seoul in South Korea. Medical tourists would be targeted from Asia and Russia.

GangHwa Medi-City is a US$2.1 billion project that already has agreement in principle from Incheon. To be built on what is now 2,000 acres of farmland, there could be healthcare, medical, residential, commercial and recreational facilities. The plan would need a new a bridge to connect the islands of Yeongjong and Ganghwa.

South Korea will promote its South-East region for wellness travel. South Gyeongsang Province, which includes the port cities of Tongyeong and Geoje, has been targeted as the country’s base for wellness tourism by the Ministry of Culture, Sports and Tourism. The government will spend US$742,000 to develop and market wellness packages.

View the latest IMTJ analysis of medical tourism to South Korea.

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