Construction of "K-Culture Valley Arena," Korea's first large-scale K-pop concert venue, kicks off in Gyeonggi Province for 2024 opening
 
Nov 20, 2021
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The groundbreaking ceremony for the K-Culture Valley Arena was held at the K-Culture Valley Theme Park in Janghang-dong, Ilsandong-gu, Goyang City on October 27. © Gyeonggi Provincial Government

SUWON, GYEONGGI PROVINCE, SOUTH KOREA, November 8, 2021 – The construction of the "K-Culture Valley Arena," Korea's first large-scale K-pop concert venue, has begun with completion slated for 2024.

Representatives of the Gyeonggi Provincial Government and CJ Live City, a subsidiary of the Korean entertainment giant CJ ENM, participated in the groundbreaking ceremony for the K-Culture Valley Arena on October 27 at the K-Culture Valley Theme Park located in Janghang-dong of Goyang City, Gyeonggi Province.

The ceremony was attended by Culture, Sports and Tourism Minister Hwang Hee, Acting Gyeonggi Province Governor Oh Byoung-kwon, Goyang City Mayor Lee Jae-jun, National Assembly Members Hong Jung-min and Lee Yong-woo, CJ ENM CEO Kang Ho-sung, CJ Live City CEO Shin Hyung-kwan, Gyeonggi Housing and Urban Development Corporation President Lee Heon-uk, and KINTEX CEO Lee Hwa-young, as well as by Goyang City Council members, Gyeonggi Provincial Assembly members, and broadcasting station officials.

Undertaken by CJ Live City, the K-Culture Valley Arena will be a large, state-of-the-art performance venue and experiential studio. It will occupy a site of approximately 237,000 square meters, which is equivalent to 46 soccer fields.

The arena will be the first music-specialized venue in Korea to be developed on such a scale with the integration of cutting-edge technologies. In addition, CJ ENM's music business capabilities in areas such as music broadcasts and performances will be leveraged to create an arena with 20,000 seats and an outdoor plaza that can accommodate over 40,000 people, thereby serving as a must-visit place for K-pop fans.

CJ Live City estimates that the arena will draw around 20 million visitors a year, driving regional economic development in northwestern Gyeonggi Province.

The K-Culture Valley, where the arena will be located, is a space where visitors can experience Korea's representative cultural contents, including music, movies, dramas, and other forms of entertainment. In addition, a theme park featuring Hallyu (Korean Wave) contents, commercial and lodging facilities, and eco-friendly spaces will be created in the K-Culture Valley.

Gyeonggi Province plans to develop the K-Culture Valley, including the arena, as a mecca of Hallyu tourism culture by utilizing the optimal surrounding infrastructure such as Hallyu World, Gyeonggi-Goyang Broadcasting Video Valley, and Ilsan Techno Valley.

Acting Gyeonggi Province Governor Oh Byoung-kwon said, "The importance of cultural content cannot be overemphasized, and now is the time to create a foundation for utilizing our cultural capabilities in advance." He added, "Gyeonggi Province will actively support the development of the K-Culture Valley, including the arena, as a center of cultural contents and Hallyu tourism."

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