Aiming for completion in 2013, US$50.8 million has been invested in the project by the Ministry of Land, Transport and Maritime Affairs.
Covering 329,000 sq m of ground, Aerospace museum is comprised of the Aerial History Hall, Air Force History Exhibition Hall, Space Gallery, 4D Cinema, 4D Planetariums, and Training Center. An ‘outdoor monorail’ will be installed and a visual simulation of an air lane will be provided in the sky to deliver the real sensation of flying to visitors. Observatories are also scheduled to be installed.
The Korean Air Force have agreed to provide 50 aircrafts for the site as well as historical resources. Free outdoor exhibitions will take place including five theme exhibitions, namely Air Combat, Flight Training, Search & Rescue Flight, Military Airbus, and ‘Invisible Force’.
Jeju Island is undergoing six major projects to become a 'Global city': Health Care Town, English Education City, Jeju Science Park, Resort-type Residential Complex, Myths and History Theme Park, and Seogwipo Tourism Port. With the exception of Health Care Town and English Education City, the four projects have already been initiated.