MGM to Construct Theme Park in Busan

This is interesting, that MGM is making it’s first overseas theme park in Busan, South Korea:

MGM and Busan City plan to jointly build the ‘MGM Studio Park’, with Busan City providing the land — one million square meters (10.76 million square feet) — and infrastructure, the company’s publicity agent said here Monday.

“It is MGM’s first overseas theme park and will be the model of a future theme park,” the agent said, adding that MGM film content and South Korean IT technology will be combined for the project.

The first phase will require some 600 million dollars by 2010, including the park, a hotel and other facilities, it said, adding that a memorandum of understanding on the deal would be signed here Wednesday.

The Busan film festivals combined with the recent successful APEC summit must have really caused some positive publicity for Busan to land this theme park. Good for Busan. I wonder if there will be any protests about this theme park due to the movie screen quota controversy?