News
 International
 National
 Embassy News
 Arts & Living
 Business
 Travel & Hotel
 Medical Tourism New
 Taekwondo
 Media
 Letters to Editor
 Photo Gallery
 Cartoons/Comics/Humor
 News Media Link
 TV Schedule Link
 News English
 Life
 Hospitals & Clinics
 Flea Market
 Moving & Packaging
 Religious Service
 Korean Classes
 Korean Weather
 Housing
 Real Estate
 Home Stay
 Room Mate
 Job
 English Teaching
 Translation/Writing
 Job Offered/Wanted
 Business
 Hotel Lounge
 Foreign Exchanges
 Korean Stock
 Business Center
 PR & Ads
 Entertainment
 Arts & Performances
 Restaurants & Bars
 Tour & Travel
 Shopping Guide
 Community
 Foreign Missions
 Community Groups
 PenPal/Friendship
 Volunteers
 Foreign Workers
 Useful Services
 ST Banner Exchange
  Business
Disney Discussing Korean Park
Seoul to Introduce Theme Park in Capital City
Kids with a Disney character

Walt Disney Co. is in talks with the city of Seoul to open a theme park near the South Korean capital, according to news reports on Sept. 25, 2005.

The talks with the Seoul Metropolitan Government were still at an early stage, Reuters reported, citing an unidentified official at the city's investment division.

Seoul Mayor Lee Myung Bak, who made attracting global business one of his campaign pledges in 2002, said the city has made "significant progress" on its plan to attract a theme park and that a decision would be announced early next year, Bloomberg News reported.

Reuters said Burbank-based Disney is now conducting a viability study on a theme park in southern Seoul that is owned and operated by the municipal government.

Once a popular attraction, Seoul Grand Park has since been eclipsed by newer competition. Disney is also considering whether the South Korean market is large enough to support investment for the park. South Korea has a population of 48.4 million.

Earlier this year, Disney denied a South Korean media report it had reached a deal to build a theme park in Seoul, Reuters said.

Disney opened a theme park in Hong Kong in September and is considering another park in Shanghai, but it's unlikely to open a second Chinese park before 2010. The entertainment giant also opened the first of two theme parks in Tokyo in 1983.

Disney's four existing and proposed Asian theme parks are all within four hours flying time of Seoul, which could make it more difficult for South Korea to attract enough visitors to justify the building costs, Bloomberg News said.




 

back

 

 

 

The Seoul Times Shinheungro 25-gil 2-6 Yongsan-gu, Seoul, Korea 04337 (ZC)
Office: 82-10-6606-6188 Email:seoultimes@gmail.com
Copyrights 2000 The Seoul Times Company  ST Banner Exchange