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Viacom Inc.'s Paramount Pictures Corp. will build a $1 billion theme park in South Korea, the U.S. entertainment group's first amusement resort outside North America. The Hollywood film producer, known for hits such as "Titanic" and "Mission Impossible", will build the resort with Daewoo Motor Sales Corp. in the airport city of Inchon, south of Seoul, aiming to lure a growing number of Asian tourists as well as South Korea's affluent population. It will be completed by 2014.
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