K-Culture Valley Archives | Be Korea-savvy

CJ Group in Quandary as Political Scandal Spills into Its Key Culture Project

SEOUL, Nov. 21 (Korea Bizwire) – An ambitious culture project by CJ Group has been shaken from its roots from the unfolding political scandal, investment negotiations and decisions being suspended despite the conglomerate’s hard push, company officials and sources said Monday. The entertainment business giant is building K-Culture Valley in Goyang, just north of Seoul, [...]

Grand Content Business Belt to be Developed by 2017 in Korea

SEOUL, Feb. 12 (Korea Bizwire) — The Korean government is planning to develop a massive business belt composed of at least five private-public development projects and a 260 billion won (US$ 235 million) fund for the Korean content industry. President Park Geun-Hye attended the opening ceremony of CJ E&M Center, the business belt’s first project, in Sangam-dong, [...]