Dong Woo leads development of production hub
SEOUL — Construction has begun on the Songdo Animation Center on a site near South Korea’s Incheon Intl. Airport.
The center, which will house facilities for the production of digital toons and other digital content in an 18-storey building in the Incheon Free Economic Zone, is being developed by Songdo Anipark Co., a subsidiary of the country’s biggest toon shingle, Dong Woo Animation Co., and Hong Kong-based distrib Juna Intl., with the backing of the Korea Development Bank.
Launched in 1991, Dong Woo has gained an international recognition for its work on U.S. animated series such as “Scooby-Doo,” “Teen Titans” and “Batman,” among others, as well as its own original series.
The center, which is due to open next year, is the first step in the economic zone’s plan to establish a cluster of visual media businesses in the area in order to sharpen Korea’s competitive edge in the global market.
The IFEZ aims to help draw international investment to the businesses in the area, as well as create more than 1,500 animation jobs.