Universal announces plans to develop theme park in South Korea

May 22, 2007, 10:16 AM · Universal Studios annouced today that it will open a theme park in South Korea in 2012. Universal will partner with local firms, including POSCO Engineering and Construction, to build the park, which will be located at a site yet to be determined. Universal did not announce a cost estimate for the park, either.

Earlier this month, Universal signed on the Dubailand project in the United Arab Emirates. And another U.S. movie studio, Paramount, also earlier this month announced its plans to get back into the theme park business with a South Korean park.

Replies (2)

May 22, 2007 at 7:44 PM · Wow, that's really weird. Universal making two foreign theme park deals in the same month, and both in places I'm not sure most people would feel safe traveling to. Hmmmmmmmm. They need to open up some resort in Europe or Australia instead. I made this comment by mistake. I didn't know the other got loaded on.
May 26, 2007 at 2:37 AM · Referring to the comment that Universal is building parks in places 'most people would not feel safe in', I wish to point out that most peope would feel quite safe in the places where they are being proposed (Dubai and South Korea). They do not have wanton acts of violence, have low levels of crime and shootings of kids at school are unheard of. Some people need to travel a bit more.

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