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Dubai plans $2.7 billion theme park

By Reuters | 28 Nov 2012

Dubai plans to build a 10 billion dirham ($2.7 billion) complex with five theme parks, including ones based on movies and characters from Hollywood and Bollywood cinema industry, to expand its booming tourism sector, the Dubai ruler’s office said on Monday.

Local real estate developers Meraas Holding has been chosen to develop the project, the first stage of which is expected to be completed by 2014, the office of Sheikh Mohammed bin Rashid al-Maktoum said in a statement on its website.


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