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Seoul to build two rings-crossing Ferris wheel for $700 mn

Korea Economic Daily LogoKorea Economic Daily2 mo ago

Seoul to build two rings-crossing Ferris wheel for $700 mn - Korea Economic Daily

Quick Summary:

The proposal also included plans to build a monorail connecting the subway station to the Ferris wheel, as well as a zip line, where visitors can descend on a rope.“We will make Seoul Twin Eye a landmark that enhances the charm of Seoul by utilizing its original design and public nature,” said Hong Sun-ki, director general at the Future Urban Spaces Planning Bureau of the Seoul Metropolitan Government.

The Seoul Metropolitan Government on Sunday unveiled the design of the Ferris wheel, tentatively named Seoul Twin Eye, which it plans to build in 2028 as a landmark of the city in a 910.2 billion won ($702 million) project.

In March, the capital city of South Korea announced that it would build the world’s second-largest Ferris wheel, or the Seoul Ring, on a former landfill site on the northern bank of the Han River running through Seoul.


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Seoul to build two rings-crossing Ferris wheel for $700 mn - Korea Economic Daily (Picture 1)Seoul to build two rings-crossing Ferris wheel for $700 mn - Korea Economic Daily (Picture 2)Seoul to build two rings-crossing Ferris wheel for $700 mn - Korea Economic Daily (Picture 3)

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Article Details

Category: Economy

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2023-12-04 @ 12:35:02 (2 months ago)

News Timezone: GMT +8:00

News Source URL: kedglobal.com

Language: English

Article Length: 478 words

Reading Time: 3 minutes read

Sentences: 24 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Korea Economic Daily

News ID: 18982737

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About Korea Economic Daily

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Main Topics: Economy

Official Website: kedglobal.com

Update Frequency: 1 posts per day

Year Established: 1964

Headquarters: South Korea

News Last Updated: 23 hours ago

Coverage Areas: South Korea

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #91

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