Universal moves ahead on plans for Korean park

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.

Tuesday, January 19, 2010 3:47 PM
janfrederick's avatar

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 go out at 3 o' clock for a quart of milk and come home to my son treating his body like an amusement park!" - Estelle Costanza
Tuesday, January 19, 2010 5:01 PM

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.

Original BlueStreak64


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