Wednesday, May 9, 2007

Daewoo Motor Sales, Paramount Pictures to Set Up South Korean Theme Park

(Bloomberg) -- Daewoo Motor Sales Corp., a South Korean sales partner of General Motors Corp., plans to set up a theme park with Paramount Pictures Corp. in the Asian country.

About 950 billion won ($1.03 billion) is expected to be invested in the theme park in Incheon, west of Seoul, the company said in a regulatory filing today. Details will be decided after due diligence is completed for the project, it said.


Read more at Bloomberg Emerging Markets News

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