Announced a couple of years ago with rumored locations in Busan or Jeju Island, the world's only MGM Studio Park will eventually be located on Seoul's Incheon airport island, north-west of the runways in a development area called IBC-II (International Business Centre 2).
Thanks to Yoon 'korea2002' from Skyscrapercity.com (pictured left) for guiding me to the exact location! Flat, wide, reclaimed land greeted me there with no sign of MGM or theme park construction yet, however there is now a live website and an office in charge of building this highly anticipated venture.