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Incheon: South Korea's $300 Billion 8City Makes Dubai Seem Like A Sandbox

November 21, 2012

Dubai might be the place these days for megaprojects like the Palm, the World, and Burj Khalifa, but if the developers of South Korea's 8City have anything to say about it, these will be considered child's play come 2030.

To be built partially on reclaimed land in Incheon, close to Seoul's international airport, 8City would be a tourism city unlike any other, at a purported cost of nearly $300 billion. That's three hundred billion, more than the GDP of a whole number of countries combined.

What does one get for $300 billion? According to CNN:

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