The Red Sea Astrarium is a themed entertainment resort, featuring:
Construction work on the project is set to start the third quarter of 2014, with plans for a soft opening in the third quarter of 2017.
Hasan Abdullah Ismaik, Managing Director and CEO of Arabtec Holding, the parent company of Arabtec Construction, said, “We are pleased to be involved in this important project which will further boost the Jordanian economy and enhance the country’s attraction as a tourist destination. We are already actively involved in two major projects in Jordan and look forward to expanding our presence there to take advantage of Jordan’s huge potential.
“Apart from its high value and significant contribution to our long term investment, which will translate in sustainable returns to our shareholders, this project provides further recognition of Arabtec as a leading international provider of complex mixed-use developments.”
The funds for Paramount come from Madrid, not from Brussels.
Wonderla Holidays, a company which designs and operates amusement parks, plans to set up an amusement park in Chennai by 2017.
The Pflugerville Community Development Corp. is loaning Hawaiian Falls Water and Adventure Park an additional $1.5 million because of a 7-percent increase in final construction costs.
4-D Interactive Attraction Wins IAAPA's Best Product and Impact Award.
Dalian Wanda Commercial Properties is planning to launch a global roadshow in December, to raise more than $10 billion for its initial public offering in Hong Kong, reported Shanghai-based thepaper.cn.
Oxford, Spider-Man and 50 years in AV
With MAPIC next week, LDP analyse retail + entertainment
Visit ALES UK at Booth 3684 during IAAPA to find out more
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