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Local Name:
제주 신화 월드
Budget:
1.8B
Announced:
07 Feb 2014
Construction Start:
12 Feb 2015
Opening:
2019
Location:
Jeju, South Korea
Area:
230 ha
Developer:
Landing Jeju Development
Operator:
Feasibility Study / Consultants:
Designers:
Contractors:
Ride Suppliers:
Other Suppliers:
  1. admin is offline Administrator
    Join Date
    May 2011
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    135
    Genting (Resorts World) has left the project and the park is now called 'Jeju Shinhwa World'.

    Construction updates continue on this URL:
    http://www.themeparx.com/jeju-shinhwa-world/

  2. Michael is offline themeparX Top Investigator
    Join Date
    Mar 2016
    Posts
    485


    There seems to be little to no progress on the theme park itself but the resort as a whole is progressing

  3. CarlySX is offline themeparX Top Investigator
    Join Date
    Dec 2015
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    739
    Seems they have sold their shares to the other existing shareholder though so looks like the project will still go ahead but not necessarily under the Genting licensed name.

    Genting Singapore has sold it share in the US$1.8bn Resorts World Jeju integrated casino project destined for Jeju Island in South Korea to its long-term partner in the project; Landing International for $420m.
    No announcement has yet be made on whether the project will retain its original name of Resorts World Jeju, which is a brand owned and developed by Genting.
    Source: http://www.g3newswire.com/south-korea-landing-international-buys-gentings-share-resorts-world-jeju/


  4. Michael is offline themeparX Top Investigator
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    Mar 2016
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    485




    Construction of the theme park has been temporarily suspended after a major structure collapse at the site that injured eight workers.

    Sources: http://mnews.jtbc.joins.com/News/Article.aspx?news_id=NB11405341 and http://m.jejudomin.co.kr/news/articleView.html?idxno=81869 and http://m.jejusori.net/?mod=news&act=articleView&idxno=186655

  5. Michael is offline themeparX Top Investigator
    Join Date
    Mar 2016
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    485
    Two additional concept images:





    Source: http://www.jejudomin.co.kr/news/articleView.html?idxno=73127

  6. Michael is offline themeparX Top Investigator
    Join Date
    Mar 2016
    Posts
    485
    Construction progress from September 2016:





    Source: http://m.cnews.co.kr/m_home/view.jsp?idxno=201609071544554950271

  7. It's been a while, but now Genting Singapore is up for Jeju bet.

    Genting Singapore Plc, operator of the Resorts World Sentosa casino resort in Singapore, says it is increasing the cash contribution in its equity investment in a South Korea casino project.
    Source: http://www.ggrasia.com/gen-singapore-ups-jeju-bet-some-gloom-on-big-picture/

  8. Tala is offline themeparX Top Investigator
    Join Date
    Nov 2015
    Posts
    122
    Ramjeong Development has invested an additional $200M in the project.
    Part One will open on 2017 and is expected to open completely on April 2019.

    Source:
    http://www.jemin.com/news/articleView.html?idxno=378272

  9. @robotland, thanks a lot for keeping us up to date!

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