This morning, Merlin Entertainments announced that they have entered into a partnership agreement with the Gangwon Provincial Government to build the first LEGOLAND park in Korea.
Nick Varny, CEO for Merlin Entertainments has said, “It’s been long in gestation, but I’m delighted that we are now in a position to move forward with opening LEGOLAND Korea Resort. We know Koreans love theme parks and love LEGO, and together with the Gangwon authorities, we have already established an attractive and well-connected site in Chuncheon.”
The new park will be located on Hajungdo Island (just an hours drive from the countries capital, Seoul). The project is estimated to cost £205 million with Merlin putting up most of the cash. A portion of the project will be funded by the national, regional and local governments of South Korea to cover the costs of infrastructure as well as creating the island itself. Most of this work has already taken place which can be seen from the satellite image below.
Hajungdo Island LEGOLAND Korea | Source: Bing
Nick Varny continued, “We remain excited about the potential of LEGOLAND Parks, the rollout of which is a strategic growth driver for Merlin, and we continue to look at opportunities for further sites around the world.”
Once open this will be the 10th LEGOLAND park in the world following the opening of LEGOLAND New York in 2020. Merlin is also in advanced discussions with third parties about a number of new parks in China and plans to eventually have 20 full-scale LEGOLAND parks around the globe.
The island of Hajungdo will not only feature the new LEGOLAND park but also a large LEGO themed Hotel and further retail/leisure locations. The South Korean government hope to boost the economy of the surrounding area and create a number of jobs for local residents.
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