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Introduction

Introduction

Lotte Tour Development will invest a total of KRW 12.062 billion
in carrying out 52 community and social contribution programs
(KRW 8.734 billion for Jeju Special Self-Governing Province
and KRW 3.328 billion for Nohyung-dong, Jeju City)

Education & Training
KRW 3.72 billion
Social & Cultural
KRW 3.52 billion
Environmental Conservation
KRW 2.26 billion
Welfare Assistance
KRW 1.04 billion
Local Economy Revitalization
KRW 1.53 billion
Community and Social Contribution Programs
Category Nohyung-dong, Jeju City Jeju Special Self-Governing Province
Education & Training
(KRW 3.72 billion)
  • Scholarships for elementary, middle and high schools
    (13 schools)
  • Donate televisions and supplies (13 schools)
  • Scholarships for college students
    (Applicable for Nohyung-dong residents)
  • Donate books and encourage a reading-friendly
    environment in elementary schools (6 schools)
  • Talent training programs
  • Scholarships for college students
    (Applicable for Jeju residents)
  • Donate books and encourage a reading-friendly
    environment in elementary schools
  • Internship programs for college and vocational high schools
  • Talent training programs including professional-level
    training for tourism talents
KRW 1.65 billion KRW 2.07 billion
Social & Cultural
(KRW 3.52 billion)
  • Support for Nohyung-dong community group activities
    (Sports events for senior citizens, people with disability,
    vulnerable social groups; support for community gathering
    and home-grown hobby groups)
  • Invitation to Jeju Dream Tower
  • Support for Community Center programs
  • Support for provincial civic groups
    (Social group events, youth events, etc.)
  • Invitation to Jeju Dream Tower
  • Support for cultural and art institutions
  • City festivals and regular performances
  • Support for cultural preservation projects
  • Support for major city festivals
  • Host drawing competition for elementary,
    middle and high schools
  • Support for other social and cultural programs
    (Education on gambling addiction prevention for
    local residents and students, standing gallery exhibition,
    choir competition and other cultural events)
KRW 1.002 billion KRW 2.52 billion
Environmental Conservation
(KRW 2.26 billion)
  • Support for garbage disposal facilities,
    food waste reduction programs,
    and recycling center expansion
  • Transform vacant lots into green areas through gardening
  • Support for garbage disposal facilities,
    food waste reduction programs,
    and recycling center expansion
  • Natural environmental improvement programs
    (Mountain and coastal clean-up activities; support for
    environmental groups and social groups)
KRW 540 million KRW 1.716 billion
Welfare Assistance
(KRW 1.04 billion)
  • Support for vulnerable social groups including underprivileged children and people with disabilities
    (Applicable for Nohyung-dong residents support for medical surgery, etc.)
  • Support for Nohyung-dong voluntary activities
  • Support for vulnerable social groups including underprivileged children and people with disabilities
    (Applicable for Jeju residents support for medical surgery, etc.)
  • Support for voluntary groups in Jeju
  • Support for disaster relief activities
KRW 136 million KRW 900 million
Local Economy Revitalization
(KRW 1.53 billion)		 N/A
  • Promote co-existence with local businesses in the old town
  • Support youth employment and business start-up
  • Loan support for local small business owners
  • Revitalizing and advising local businesses
N/A KRW 900 million
  • Supported amount for each category may vary depending on further consultation with Jeju Special Self-Governing Province.
  • All scholarships are capped according to tuitions.
Other Community and Social Contributions
Environmental-friendly Management
In line with Lotte Tour Development’s commitment to preserve natural environment of Jeju Island, a total of KRW 24.4 billion was allotted to eco-friendly facilities in the development of Jeju Dream Tower Integrated Resort
Facilities Investments

Energy-saving and Storage Facilities

  • Low-power, high-efficiency and long-lasting LED lightings
    (Mercury-free, Lead-free, Cadmium-free)
  • Electric Vehicle (EV) charging system
  • Gas boiler for buildings, ice thermal storage system, intelligent hood system, inverter, etc.
KRW 13.34 billion

Wastewater Recycling Facilities (Reduces 96% of wastewater)

  • Installation of wastewater reuse system
  • Minimize wastewater at treatment facilities
    (Purifies wastewater into 1st grade water through advanced treatment process)
  • Reduced water consumption by 45% by installing water-saving machine
 KRW 3.72 billion

Waste Minimization Facilities

  • Disposal of 100% of internally-generated waste independently
  • Installed Meiko Germany’s professional food waste disposal system
    (Facilitates processing of dry and odorless food waste prior to external disposal)
 KRW 3.2 billion

Eco-friendly Energy Facilities
(Solar panel system and fuel cell storage system)

 KRW 2.96 billion

Pollution Prevention Facilities
(Exhaust deodorant unit and power generation emission reduction equipment)

 KRW 1.14 billion
Total KRW 24.35 billion
Active engagement to improve traffic problems in Nohyung-dong, Jeju City
  • Contributed KRW 7.83 billion for the construction of bypass road between Jeju International Airport and Pyonghwa-ro, etc.
  • Conducted Transportation Impact Monitoring to access Jeju Dream Tower’s impact on traffic of Nohyung-dong, Jeju City
  • Invested KRW 52 million to expand installation of traffic safety facilities
  • Assigned 226 parking spaces in Jeju Dream Tower exclusively for local residents to resolve parking problems of the local community