MIRECO is financing part of the funds for establishing substitute businesses and start-up companies in the Abandoned Mine areas to reinvigorate a lagging economy buffeted by a decline of the coal industry, create jobs and accelerate balanced regional development.
Existing beneficiaries: Jeongseon-gun, Samcheok City, Mungyeong City and Yeongwol-gun.
Future beneficiaries: Taebaek City, Boryeong City and Hwasun-gun.
| Local government | Name of corporate body | Major business | Day of establishment | Paid-in capital | Employees | Investment amounts | |
|---|---|---|---|---|---|---|---|
| Total | Four companies | - | - | 2,920 | 2,787 | 780 | |
| Gangwon Province | Jeong seon | Kangwon Land | Casino, hotel, golf course, ski resort | 1998.6.29 | 1,000 | 2,754 | 360 |
| Sam cheok | Black Valley CountryClub | Golf course,ski resort | 2004.8.13 | 780 | 10 | 80 | |
| Yeong wol | Donggang Resort | Spa, theme park,condominium,botanical garden | 2006.5.18 | 600 | - | 100 | |
| North Gyeongsang Province | Mungyeong | Mungyeong Leisure Town, Inc | Golf course, ski resort | 2003.2.25 | 540 | 23 | 240 |
