The following is a translated summary of a report from the local press. It has been edited for clarity, including the addition of links and information needed for readers unfamiliar with Jeju. — Ed.
Jeju Special Self-Governing Province has announced that the Aeweol International Culture Complex, a subsidiary company of E-Land Co., has been selected to build the theme park “The Oreum Landmark Complex Town” at Eoeum-ri, Aeweol-eup, Jeju City. The 392,000m² park will cost 507 billion won (US$454 million) and is expected to be completed by 2022. The investment will see a K-pop town, a Tamna culture street and a themed culture area built by 2017. Between 2018 and 2020, a convention center and condominium will be added and by 2021, the last set of park facilities, including a waterpark, will be constructed. — Headline Jeju