The theme park is slated to open in 2019, which will boast seven dedicated movie zones.
South Korea is set to get a brand new Lionsgate theme park, celebrating the studio's famous films including Hunger Games and the upcoming Robin Hood.
The company is joining forces with Landing Jeju Development Co. Ltd to launch Lionsgate Movie World, which will be located at Jeju Shinhwa World, Korea.
Boasting around 1.3 million sq ft, the park will feature seven dedicated movie zones inspired by various movies including Now You See Me and Twilight, which will include rides, restaurants, shops and more.
"We're pleased to partner with our friends at Landing International, one of Asia's premier developers, on our first branded outdoor theme park and one of our largest and most exciting location-based entertainment destinations," said Jon Feltheimer, CEO at Lionsgate.
"Our partners are creating a world-class resort that will be the perfect home for our theme park. Under the leadership of Tim Palen, Kerry Phelan and Jenefer Brown, and driven by a valuable portfolio of intellectual property, we have built a global location-based entertainment business in just three short years, and Lionsgate Movie World promises to become one of its crown jewels."
Construction for the park is expected to begin in 2018 and will open its doors in 2019 to fans.
Yang Zhihui, chairman and executive director at Landing International Development Limited, added: "It is our great honour to have Lionsgate as our partner. We are very excited to have the first Lionsgate Movie World at Jeju Shinhwa World bringing Hollywood movies and their immersive environments to our theme park to deliver a premium guest experience.
“With Lionsgate's success in the content creation industry, we strongly believe that Lionsgate Movie World at Jeju Shinhwa World will enhance our offerings and further strengthen Jeju Shinhwa World's market position as a desired tourist destination in Jeju."