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The Disneyland Report > Disney News > Walt Disney Company denies plans to open Disney theme park in Seoul, South Korea

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Walt Disney Company denies plans to open Disney theme park in Seoul, South Korea

Source: Bloomberg

Walt Disney Co. and Seoul city officials denied a South Korean newspaper report that they reached tentative agreement to build a theme park in the capital.

Disney plans to build a theme park, hotel and other entertainment facilities on a 3.2 million square-meter (790 acre) site south of Seoul, a Dong-A Ilbo report said, citing unidentified city officials.

"While Korea is a potentially attractive market, we have no agreement to announce," said Disney spokeswoman Michele Nachum in a statement sent by e-mail.

Seoul municipal spokesman Choi Nak Bong also denied the report. "As far as we know, there have been no such agreement," Choi said. "I don't know where that report is coming from."

Disney, the second-biggest U.S. media company, is planning to open a theme park in Hong Kong this year and another in Shanghai after 2010. Its Tokyo park is currently the only Disneyland in Asia.

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