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[SITUATION] · [QUIET] · [BUSINESS]
2 clusters · 4 sources · 8 days · First seen · Last updated
Jeju horse industry and KRA relocation efforts
Overview
Jeju Province is campaigning to relocate the Korea Racing Authority (KRA) headquarters to the island to better integrate the nation’s horse industry. Proponents highlight that Jeju produces 91.5% of domestic racehorses and hosts critical facilities, including the Jeju Racecourse and specialized academic institutions. The relocation is projected to generate approximately 65.1 billion won in production inducement and create around 505 jobs.
In related equine activity, the 13th Jeju Special Self-Governing Province Governor's Cup is scheduled to take place at LetsRun Park Seoul. This G3 race serves as the opening event for the ‘Queens Tour FW’ series, featuring 16 domestic female horses competing for a 500 million won prize pool.
Entities
Korea Racing Authority · Jeju Halla University · LetsRun Park Seoul · Jeju Province · Jeju National University
Timeline
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[SPORTS] 2 sourcesJeju Governor's Cup horse race to be held at LetsRun Park Seoul
The 13th Jeju Special Self-Governing Province Governor's Cup (G3) takes place on the 20th at LetsRun Park Seoul, featuring 16 female horses competing for a 500 million won prize pool.
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[BUSINESS] 2 sourcesJeju Province seeks relocation of Korea Racing Authority headquarters
Jeju Province is seeking to relocate the Korea Racing Authority headquarters to the island to leverage its dominant horse industry, which produces over 90% of South Korea's domestic racehorses.
Sources
isplus.com · jejusori.net · mediajeju.com · sportschosun.com