Fox to Build Theme Park in Korea
Twentieth Century Fox Consumer Products, Village Roadshow Theme Parks and the Governor of Korea's Gyeongsangnam-do Province have signed a deal to develop Korea’s first international theme park and resort destination.
The proposed Twentieth Century Fox World theme park will be part of a larger development in the Republic of Korea known as the Ungdong Entertainment Complex.
“Korea provides a unique opportunity for an international theme park destination that will be incredibly attractive to both a thriving domestic consumer as well as a quickly growing tourist market from China, Japan and across Asia,” says Jeffrey Godsick, president, Twentieth Century Fox Consumer Products. “Our efforts in working with the Gyeongsangnam-do provincial government for a Twentieth Century Fox World theme park in the Republic of Korea illustrate our commitment to growing our global entertainment destination brand and a monumental step to further engage and connect with our audiences in key markets.”
Twentieth Century Fox World Korea will feature a theme park spanning more than 75 acres that will be part of a 700-plus acre leisure resort and development.
Designed to bring to life a fully immersive entertainment experience featuring some of Fox’s most recognized film and television brands, the park will be located in the Ungdong Area of the Busan-Jinhae Free Economic Zone, Jinhae-gu, Changwon City.
Operating partner Village Roadshow will serve as a design and development consultant and manage the theme park.
“Village Roadshow Theme Parks is very excited to have the opportunity to work with the Gyeongsangnam-do provincial government and Twentieth Century Fox on the planning, design, development and operation of the theme park," says Tim Fisher, chief executive officer, Village Roadshow Theme Parks. "With properties like Alien, Ice Age and Planet of the Apes, we believe this studio theme park will offer consumers in Korea and Asia the best theme park experience in the history of the industry.”
Fox Consumer Products also recently announced plans for Fox’s first-ever theme park, Twentieth Century Fox World, set to open in Malaysia in 2016, as well as an expansion of Springfield at Universal Studios Hollywood, Calif., coming in spring 2015, similar to the one that was just completed at The Simpsons at Universal Orlando, Fla., resort.