Hallyuwood is set to open in
Taking its name from"Hallyu," which means Korean Wave in Korean, Hallyuwood will also houseentertainment content development and production facilities in addition totourist attractions such as rides, leisure facilities, performances,exhibitions, restaurants and accommodation.
With a total projectedbudget of $2bn,
Prime Industrial has signeda memorandum of understanding with
Meanwhile, MGM has signed amemorandum of understanding with
The MOU specifies that Busanis to make over 245 acres available for the
Host to the region's leadingPusan International Film Festival and BIFCOM film commissions convention, Busanhas been pursuing the concept of becoming an Asian hub for visual media andentertainment for the past few years.