Posted Tuesday, January 19, 2010 11:32 AM | Contributed by Jeff
U.S. film giant Universal Studios signed an agreement with a South Korean consortium Tuesday to build Asia's largest theme park in the provincial city of Hwaseong, about 60 kilometers southwest of Seoul. The $2.67-billion deal joining Universal Parks and Resorts and 14 local partners, including POSCO E&C, Korea Water Resources Corporation and Lotte Group, revives an earlier plan that had been delayed for two years by the global financial crisis.
Read more from The Korea Times.
I wonder if the other two movie parks will get back off the ground? Man, even Hollywood doesn't have that many movie parks! :)
I heard a few whispers a few months back I believe it was, that the Paramount park over there was being looked at again with serious intent. Not sure how I would take that, since they dumped the original Paramount chain, but I do remember hearing about the possible revival of that project.
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