Another new Article of USK which is from Today.
This is in Korean
Here's an Article of Universal Studios Korea Resort it's an Korean and yesterday i did the free translation
from Korean to English i think its regarding to Claim of the Land to build Universal Studios Korea Resort.
Great, but what does it mean?
Here's a new video regarding Universal Studios Korea Resort
Korea Times talked to Lotte Group chairman Shin Dong-bin:
The Lotte Group plans to complete the construction of a Universal Studios theme park in Korea by 2016, the group chairman said Monday.
At a press conference hosted by the Visit Korea Committee (VKC), Lotte Group Chairman Shin Dong-bin, who is also chairman of the VKC, said that his group hopes to see Universal Studios open here in 2016, although the specifics are yet to be discussed.
Shin said the Universal Studios, along with a foreigner-only casino, would be an excellent means to boost the tourism industry as well as provide jobs.Source:Shin seemed hesitant to talk about the subject as the efforts to attract the American theme park are currently seeing slow progress.
The project to lure the global attraction was first announced in 2007 but delayed due to the financial crisis. In June last year, Shin met with Universal Parks & Resorts (UPR) President Thomas Williams and Gyeonggi Province Governor Kim Moon-soo to confirm their commitment to the project. But the land to construct the theme park had not been confirmed until now.
I think his both visits were public announcement, ceremony (PR) and project agreement.
It seems he has visited Dubai in 2007 as well for the Universal Studio Dubailand project, which once aimed to open in 2012 like Universal Studio Korea project.
Certainly not for finalizing the deal, Universal Studio theme parks haven't made any announcement yet.
Typically, any forward-looking statement (contains "may", "could", "expect", "intend", "plan", "predict" and such) of the future project is protected by a law called
"Private Securities Litigation Reform Act" to limit securities lawsuits.
Tom Williams came twice to Korea, correct? Once in 2007 and once in 2010. What was the difference? Changing local partners?
ahh...that pic with Tom Williams was taken back in May 22, 2007.
You can see it at USA Today site linked below
Universal Studio will open, much-needed, "The Wizarding World of Harry Potter" at Universal Studio Japan in late 2014.
Its the $500 million dollar project, and the constuction already has began last summer.
Consider the company just opened Universal Studio Singapore in 2010, I dont know Universal Studio Korea actually materialize.