Korea to Develop "Hallyuwood" Showbiz Village
2005 was a good year for Korean entertainment as Hallyu, or the Korean Wave, continued to sweep Asia.
Now, Korea wants to make a better use of what could be just a passing craze by establishing a more solid ground for Korean showbiz industry. On Friday, it held a launch ceremony for the development of a movie-making complex whose name, surprising as it may sound, is Hallyuwood.
Built on 1 million square meters in Goyang, Gyeonggi Province, northwest of Seoul, the area will include a theme park, shopping centers, production houses, movie sets, education and business facilities and more.
The spirit is certainly there, as the provincial government will inject about US$2 billion into the project. But the curious will have to wait a while as it is not to be completed until 2008.
The Korean Wave has been going on for a couple years now, but it remains to be seen if it is more than just a fad. The hope of many Koreans that the world will keep up its interest in Korean pop culture is now finding its palpable expression in the complex.
Now, Korea wants to make a better use of what could be just a passing craze by establishing a more solid ground for Korean showbiz industry. On Friday, it held a launch ceremony for the development of a movie-making complex whose name, surprising as it may sound, is Hallyuwood.
Built on 1 million square meters in Goyang, Gyeonggi Province, northwest of Seoul, the area will include a theme park, shopping centers, production houses, movie sets, education and business facilities and more.
The spirit is certainly there, as the provincial government will inject about US$2 billion into the project. But the curious will have to wait a while as it is not to be completed until 2008.
The Korean Wave has been going on for a couple years now, but it remains to be seen if it is more than just a fad. The hope of many Koreans that the world will keep up its interest in Korean pop culture is now finding its palpable expression in the complex.
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