[THE INVESTOR] The government will designate an area of Masan, South Gyeongsang Province, to give the planned robot-themed development project(Masan robot land) a push, government agencies said on July 7.
The Daewoo E&C-led consortium’s 400 billion won (US$ 346.4 million) project had been hampered due to its inability to obtain land.
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Artist's impression of the project after completion. Gyeongnam Robot Land Foundation |
The government will now review support measures, including designating the concerned area as an urban development zone. Once the project is completed, a robot theme park, hospitality facilities and other conveniences will be constructed in the area.
The Ministry of Trade, Industry and Energy will also form a task force to attract foreign and domestic cultural contents producers to take part in the project.
By Choi He-suk (
cheesuk@heraldcorp.com)
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