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Korea unveils plan for $264b mega city to rival Dubai
7th Nov 2012 4:34pm | By Editor
Anything Dubai can do , Korea can go one better, it would seem with the country’s announcement of a new $264 billion mega-city development, 8City.
Whereas Dubai set out to build a city in the desert from scratch with none other than sheer will and money, Korea has unveiled its plans for a new tourism project which would see a city built on the islands of Yongyu-Muui.
The staggering proposition would span 80 square km and would house casinos, theme parks, hotels and condominiums, and a rather large amount of shops, too.
It would also, most eye-catchingly hold the honour of being home to the world’s largest single architectural unit, a 3.3km/200m high megastrip.
The aim is for the project to be ready and open for business by 2030, and it will cost but a snip at $264 billion.
Photo: 8City
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