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New Billion-Dollar Theme Park to Rival Dreamworld

Travelers Today       By    Shari Ann Solano

Updated: Nov 24, 2015 08:58 PM EST

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Talking solely to the Gold Coast Bulletin, Wanda Group General Administrator Xie Hong said amusement parks were an essential center of the company's global plans, and the Gold Coast was the ideal area.

Mr. Xie said that Wanda in Australia has effectively obtained the greatest cinema company in the nation and amusement parks are something Wanda needs to put resources into later on. It is Wanda's aim to set an amusement park up on the Gold Coast yet this real venture is still under negotiation with the State Government.

The plan has the support of city leaders, with Coomera MP Michael Crandon saying there was an abundance of area in Coomera which fits amusement park development. The more improvement of this scale is they can pull in toward the northern Gold Coast.

Mr. Xie declined to say whether the recreation center would have a Disney theme yet the household name is forcefully pushing into China where more than 59 extravagance amusement parks have been proposed.

The Wanda Group forked out $2.5 billion on a amusement park and resort in Yunnan, southwest China, which includes many exciting rides and world-class hotels over an enormous 5.3 square kilometers block.

The Wanda Xishuangbanna International Resort can hold up to 5 million individuals a year over three five-star hotels and various apartment buildings while Wanda has anticipated more than 200 million individuals will visit their tourism parks in the next five years. Mr. Xie likewise spent around $936 million building a movie theater in Wuhan for a musical and gymnastic production.

Premier Annastacia Palaszczuk set out to Beijing with a trade mission in October to meet with Mr. Xie and apparently guaranteed to work with him in Queensland.

Wanda has already invested fundamentally in the Gold Coast business sector, including the $1 billion Jewel venture in Surfers Paradise and subsidizing direct flights through Jetstar from Wuhan to the Gold Coast.

See Now: The U.S. had the highest number of Most Wanted properties, dominating the Hotels.com Loved By Guests Awards 2018

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theme park, gold coast, theme park to rival dreamworld
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