Kangwon Land Launches Organizational Review Committee to Evaluate KRW3 Trillion K-HIT Resort Programme

Kangwon Land has formed an Organizational Diagnosis and Innovation Committee to review its management structure and assess major strategic projects including the KRW3 trillion K-HIT resort transformation.

Kim Do-gyun, chief executive, launched the committee after a prolonged period without a permanent CEO. The panel held its first meeting on October 2 and will continue operations through the end of 2026. Its remit covers organizational and personnel systems, major initiatives such as K-HIT, and working practices alongside corporate culture.

The committee includes external experts together with representatives from management, the labor union, women, and younger employees. “The launch of this committee serves as an opportunity to take an objective look at the organization’s current state and specifically identify areas requiring change and innovation,” Kim said, as reported by Inside Asian Gaming.

K-HIT Project Parameters Remain Unchanged

K-HIT is designed to convert Kangwon Land into a broader integrated resort. Near-term spending includes KRW200 billion for hotel and casino upgrades and expansion. Longer-term additions encompass improved walking trails, a wellness center, and a luxury pool villa.

The programme had previously targeted 2035 completion with 13 million annual visitors and KRW3.5 trillion in yearly revenue. The latest announcement identified no shifts in budget, scope, or timetable. Kim had pledged to accelerate the project after taking office in September, with emphasis on closer links to nearby forests and former coal-mining areas.

The operator holds South Korea’s only casino licence that accepts local players. It recorded more than 94,000 visitors across the four-day Chuseok holiday from September 24 to 27. Casino visitation rose 4.4 percent to 2,478,658 in 2025 according to the Ministry of Culture, Sports and Tourism.

Support Measures and Review Timeline

Kangwon Land’s board approved KRW3.7 billion on September 30 to assist businesses in coal-mining transition zones, of which KRW3 billion supports relocations and KRW700 million aids small- and medium-sized enterprises. The committee will draw on staff feedback, external expertise, and examples from South Korea and overseas.

The review concludes by year-end. Its recommendations will shape organizational reforms and the operator’s future execution of the K-HIT redevelopment ahead of the 2030 opening of MGM Osaka.

Reporting: World Casino News

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