SEOUL, Sep. 21 (Korea Bizwire) – Expo Science Park in Daejeon, the venue for the 1993 Daejeon World Expo, will be demolished in stages until August next year. The Ministry of Science, ICT and Future Planning held on September 19 an international science business belt committee meeting and approved a proposal to tear down the expo park. This is in accordance with a plan to build a new basic science research center on the site.
Daejeon International Marketing Enterprise, the principal developer for the upcoming project and the owner of the site, will initiate the demolition project at the cost of 10.6 billion won. According to the master plan, the basic science center site, the HD Drama Town site, and other amenities encompassing a total of 392,000 square meters will be pulled down. But Hanbit Tower, the international conference room, and the simulation pavilion will be kept in consideration of their historical or symbolic value.
The ministry will begin the demolition from late November after holding a ceremony. As for the energy pavilion and part of the magnetic levitation train railroad, the central government will pay for the demolition cost.
Some of the railroad lines will be kept operational after minor repairs. A ministry official said, “By working closely with the Daejeon city government, we will try to implement the demolition project without any glitches and create a basic science research institute on the same site.”
By Sean Chung (email@example.com)