"The review has continued since early last year," a Seoul city official on investment planning said, requesting anonymity because of the uncertainty of the Disney plan.
"Disney has usually taken about two years to review the marketability in other countries... It has been said the review here has been favorable so far," he said.
Gwacheon, a city just 18 kilometers south of Seoul, has gained extra points because of the increasing flow of Asian tourists who visit the country to see Korean drama and film locations, Seoul officials said. Gwacheon would be an easy spot for Asian tourists, as well as locals, to drop by as part of their itinerary, they said.
Meanwhile, Disney said it now has "nothing specific to announce."
South Korea is a potentially attractive market for Disney but the company has no definite plans yet, spokeswoman Lisa Haines said in a telephone interview with Yonhap News Agency.
Gwacheon, linked to the capital by its subway system and highways, is also the home of Seoul Grand Park and the government complex.
Disney has two theme parks in Asia, one near Tokyo and another in Hong Kong that opened this month.
Source : Mickeynews