Once shunned, prisons become sought-after facilities for local communities

Korea Times News ·
Business Real Estate
South Korea

Prisons, once widely regarded as undesirable facilities, are now drawing competition from local governments seeking to revive shrinking communities and struggling economies. Seven municipal governments are competing to host four new correctional facilities as part of the Ministry of Justice’s first nationwide competitive bidding process for prison sites. The ministry launched a nationwide call…

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