Dalian Wanda Group to
invest 325 billion yuan for tourist projects in China
Dalian Wanda Group's
tourist projects in China, including Wanda City parks, will receive a total of
325 billion yuan in investment, according to Wang Jianlin, Wanda's chairman.
The group's ninth Wanda City park opening in Guangzhou is expected to welcome
20 million guests yearly. The 50 billion yuan facility will include an
amusement park, a water park, a movie theme park, hotels, an entertainment area
and an indoor skiing area.
Seven Cities Theme Park
in Agra, India, will begin construction in February
A foundation stone ceremony
will be held in February at the Seven Cities Theme Park in Agra, India. The
park, which will include seven sections showcasing Indian history on an almost
1,000-acre site, is now working to gain clearances. The project will also to be
environmentally friendly, with solar power and water harvesting provisions,
said Sanjay Khan from strategic partner Kingdome Entertainment Pvt. Ltd.