The government aims to develop a new area dedicated to making movies, television programmes, music and other art by 2035. — AFP
Seoul: For all the global cache of BTS, Squid Game and Blackpink, South Korea doesn’t have an entertainment mecca that can rival the fame of Hollywood.
The country’s government wants to change that.
The government aims to develop a new area dedicated to making movies, television programmes, music and other art by 2035.
It will span 3.3 sq km and feature specialised schools for entertainment and content production facilities.
It will also house full-scale replicas of Joseon dynasty palaces, designed to support film and drama production and attract tourists.
“Our plan is to create a giant entertainment city,” South Korea’s Culture Minister Yu In-Chon said in an interview with Bloomberg Television. “The government can draw a blueprint and offer infrastructure. We think companies will follow us with investments in telecoms, Internet along with financial services.”
South Korean content ranging from music to drama to the gaming industry brought in about 151 trillion won or about US$114bil last year.
The new site, which has yet to be chosen or named, is also meant to attract overseas visitors, particularly from China and Japan. — Bloomberg
