Universal is partnering with Lotte Group, a South Korean conglomerate involved in "production, sale, and distribution of sweets and foodstuffs; tourism and services; heavy chemicals; finance business; etc." (Hey, just quoting their website there.) Devoted theme park fans might also know the name as the company behind the Lotte World theme park in South Korea.
The complex will include what's being billed as the largest Universal Studios theme park, along with a CityWalk shopping and entertainment area, a water park, hotels and convention facilities. There's no word yet on specific rides and shows that will be built in Universal Studios Korea.
When first announced, the park was to be opening in 2012. Now, Universal's announced that construction will begin next year, for opening in "early" 2014.
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