Industry
CJ Group in quandary as political scandal spills into its key culture project
Nov. 21, 2016
An ambitious culture project by CJ Group has been shaken from its roots from the unfolding political scandal, investment negotiations and decisions being suspended despite the conglomerate's hard push, company officials and sources said Monday.The entertainment business giant is building K-Culture Valley in Goyang, just north of Seoul, that would host shopping malls, hotels, theme parks and concert halls at a space of 300,000 square meters. The project costs 1.4 trillion won ($1.19 billion) and