Developers of a Universal Studios theme park and resort in South Korea decided to build the Universal Park. In the city of Hwaseong in Gyeonggi province, which is located 20 minutes south of Seoul and close to main international airport in Incheon, will be this $3.1billion project situated. This new park will have 4.7 million squares meters and should bring more than 10 millions visitors every year. South Korea's Gyeonggi province and partners for this project said that plans will be completed by the spring of 2012 and that 58,000 new jobs would be brought. South Korea has about 50 million people and nearly half of them can drive to the city of Hwaseong under one hour time. They can find there hotels, golf courses and many places which can entertain them all days and nights. This project would be the biggest investment ever Universal Studios theme park made. And at the time of opening would be the largest in physical size internationally for Universal. Thomas L. Williams, the chairman of Universal Parks & Resorts visited the side in early November and his colleague, USK Property's president Frank P. Stanek said that this project is real and will proceed successfully. Gyeonggi government and population hoped that this huge project will bring to their country enormous cultural and economic effects.
Edited by: Lydia Jasenska
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