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S. Korea Begins Development of Test Bed for Self-Driving Cars

S. Korea Begins Development of Test Bed for Self-Driving Cars

SEOUL, Aug. 9 (Korea Bizwire) – South Korea has launched its project to develop a new test bed for self-driving cars that will also include the development of new technologies to test autonomous cars, the government said Tuesday.  The new test bed, called the K-city, will be built around the Korea Transportation Safety Authority’s existing [...]

Universal Studios Theme Park Coming to Hwaseong

Universal Studios Theme Park Coming to Hwaseong

SEJONG, Dec.23 (Korea Bizwire) – The fifth Universal Studios theme park in the world will be built in Hwaseong, Gyeonggi Province. The Korea Water Resources Corporation announced that it had selected the Universal Studios Korea (USK) consortium as the preferred bidder for the Songsan Green City International Theme Park. The consortium consists of five companies [...]

Three Korean Cities Included in Top 10 Richest Cities by 2025

Three Korean Cities Included in Top 10 Richest Cities by 2025

SEOUL, June 23 (Korea Bizwire) – Among the top 10 richest cities in 2025 in terms of GDP per capita, Hwaseong (4th), Asan (5th) and Yeosu (9th) in Korean were included in a report from McKinsey & Company. Recently, CNN Money posted a story titled “These cities will be very rich in 10 years”, quoting the study conducted by [...]