Universal announces Korea plan
The news follows the company’s commitments to develop in Singapore and Dubai also.
"Korea has grown into an attractive market in many necessary and critical aspects for a theme park and resort development in terms of income, population, consumer interest and growth of the entertainment industry," chairman and chief executive Thomas Williams told a Seoul news conference.
The new park is planned for a 2012 opening, though a location has not yet been decided.
It is believed the venture will be bigger than either the Hollywood or Japanese sites.