SM Entertainment to Build Hallyu Complex in Busan

SM Entertainment, one of the largest entertainment companies in Korea, is planning to enter Busan.

The company plans to build a Korean wave, or hallyu, cultural complex as well as a large hotel in the Gwangalli Beach area.

SM is currently reviewing the former site of the Chung-gu Mart in Millak-dong as the construction site.

The area has been abandoned for a long time due to the bankruptcy of the former business operator and it is currently managed by the city of Busan.

Source: Busan eFM News


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