Legoland Korea Resort, located in Chuncheon, Gangwon Province, Korea, has been told that it has a future according to Merlin Entertainments.
The park opened in May in partnership with a local developer and does not plan to cut back on its operations.
On the contrary, it will fund any further expansion itself, regardless of the developer’s recent default, the UK-based attractions operator Merlin Entertainments explained recently.
“Any plans Merlin has for future investment are wholly financed by itself,” a spokesperson for Merlin said.
Early in October, Gangwon Jungdo Development Corp., the local developer, defaulted on 205 billion won (£128m) in bond payments, due on 29 September.
Image: Legoland Korea
