South Korea's Stunning $265 Billion Mega Metropolis Concept

Geo Beats
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Take a look at South Korea's concept for a $265 Billion mMega Metropolis.

South Korea has plans to build a modern mega metropolis.

The projected cost of the new city will be a whopping 264 billion dollars.

The location of the development is off the coast of Seoul near the Incheon International Airport.

The designers of the plan called 8City say it will be a tourist destination that has it all, including fancy hotels, shopping, theme parks, and a Formula One racing track.

Vice chairman of EIGHTCITY Co., the project's developer, said: "It will become the world's top city that has the creativity of Dubai, convention centers and casinos of Las Vegas and Macau, as well as the shopping centers and financial hubs of Hong Kong and Singapore.”

The city is planned to have something called a megastrip, which will be the largest architectural structure on the planet measuring in at 200 meters tall and 880 meters long.

The city’s projected date of completion isn’t until 2030, but they already have some foreign investors.

What do you think of the concept?