P04IPiaapa-news 2:P04IPiaapa-news 2 30/10/2008 11:44 Page 2
WORLD
NEWS
WORLD
NEWS
GUAM PARK PLAN INDIA SET FOR GROWTH
S&S International Inc has revealed plans to THE amusement industry in India is poised
open
CA
the
NA
US$30m
DA
Guam Miniature World to grow 25 per cent every year, a senior
and Theme Park in the spring of 2010. official claimed recently.
P
“The
yro
main
mu
featur
sic
es
al s
of this
ho
particular
w to celebra
“The
te
cumulative

investment in this
project will include scale models of some industry in the last eight to 10 years was
of
2
the
5 y
world
ear
attractions
s of Cir
existing
que d
around
u Solei
to
l
the tune of Rs40bn approximately and
the
TH
globe,”
E nullnullRnullnull
the
’nullmo
company
st nullrestigio
stated
us nullyrot
in
ech
a
ni
r
c
ecent
al comnullet
we
ition
e
,
xpect
null’Intern
to
ati
gr
on
ow
al de
at
s null
25
eunull
per
otonullnull
cent
uebe
ever
c, w
y
ill
pr
to
ess
nulloff i
release.
ts nullnullth e
“Examples
dition with a g
of
r
these
andiose null
will
nullnullminute tr
year
ibute to t
,” said
he null
Arijit
irnullue d
Sengupta,
u nulloleil an
pr
d i
esident
ts music.
of the
include
This
the
nonnull
pyramids
comnulletitive
in
sh
Egypt,
ow, wh
the
ich
Gr
nullro
eat
mises to
Indian
light unullt
Association
he sky of nullo
of
ntr
Amusement
eal, nullanada, a
P
n
arks
d give
W
l
all
astin
of
g
China,
memori
the
es to
Eiffel
hund
T
re
ower
ds of
,
t
as
ho
well
usand
as
s of snulle
and
ctato
Industries.
many others.” Sengupta,
rs, will be
also
carr
the
ied o
dir
ut
ector
on nullul
and
y nullnullun
chief
der the
s
Several
nullonsorsh
rides,
inullof nulloto
including
nullnulluebec a
a
nd w
roller
ith t
coaster
he collaboratio
e
n o
xecutive
f the nullir
officer
nullue du null
of
olei
Nicco
l.
Parks and
and
null
a
re
small
sident
train
of orga
ride,
nise
ar
r null
e
a
among
Ronde,
the
nullarc Tremblay
R
,
esorts,
commen
said
tednull“T
the
his
industr
will cert
y
ain
has
ly b
witnessed
e the larges
a
t
plans, as are live cultural performances. ver
nullr
y
ew
high
orks
gr
sh
owth
ow ev
since
er nullre
2000
sented
and
in null
would
ontreal, if
The project is likely to be built on between gr
o
ow
nly
further
because
,
i
in
t w
part
ill be
thanks
nullnullminut
to
es
the
longer than
35 to 55 acres of property off Route 3. incrthe easing usual ceoxpertise mnulletitive of shride ows. manufacturnullince the muers.sical
c
“Earlier
omnullonen
the
t com
industr
es from
y used
the nulli
to
rnullu
import
e du nullol
lots
eil, it
DUBAI TO ‘RIDE OUT CRISIS’
of
w
rides
ill, of c
fr
ou
om
rse, r
for
enull
eign
ect it
countries,”
s genius.”
Sengupta
THE global economic downturn will not
said. “But now the manufacturing
affect the burgeoning leisure industry in
companies here are producing the majority
Dubai, according to Ahmad Sharaf, CEO
of the rides and are also exporting. Though
of Tatweer Investments, which is behind
it is still at the nascent stage, it has a huge
many of the projects currently in
potential to grow.”
development in the emirate including the
He said that rides within India can be
massive Dubailand.
produced at a competitive price due to the
“It is a cautious time, no doubt,” he
availability of cheap labour and relatively
told the Khaleej Times. “You have got to
cheaper raw material.
have your eyes open. But I am very
optimistic that we’ll come out of this
HKD CLEARS LOANS
winning. Dubai will come out way ahead
A CHEAP financial arrangement provided
of everyone else through this.”
by the Walt Disney Co has enabled Hong
“The challenges that we have will be
Kong Disneyland to clear its commercial
similar to any other investor globally,” he
loans, amounting to around HK$3.3bn.
said, referring to the global credit
The loan repayment allays concerns that
crunch. “But having said that, I am very
the park would have to refinance,
positive with the opportunities that lay
particularly with current economic
forth for Tatweer.”
conditions, and paves the way for future
Sharaf said the Dubailand vision is to
expansion.
drive up the number of tourists from an
The park, which is 57 per cent owned by
average of seven million a year to 15
the Hong Kong Government, opened in
million by 2025.
2005 but has been criticised for falling
short of expected attendance levels.
ISKANDER PROPOSAL BUYEO RESORT
SEVER
NIG
AL
E
amusement
RIA
park operators are in K
r
OREA
obotic
’S
nullg
L
u
otte
res
Gr
dis
oup
nulllayin
is
g
to
th
build
e rhyt
a
hm
lar
ic
ge
beats
the running to control a new project new
from null
resort
nullnullyear
in
s ag
Buyeo,
o.”
in the country’s
planned
Jack
for
so
Iskandar
n bro
Malaysia,
ther p
it
la
has
ns
been southern Chungcheong province. The
revealed. resort
nullnullnull
will
onen
be
ts
themed
to the s
on
chem
the
e,
histor
howev
y
er
and
, have
sAlida lavAriffery t, managing heme pdirector arkof cultur
criticis
e
ed
of
t
the
he null
Baekje
lans, st
Dynasty
ating tha
and
t it
will
trivialises
Iskandar
nullnullRnullER
Investment
nullackson nullive
Malaysia,
singer nulla
told
rlon
local
nullackson is
include
nullfrica’s
among
history b
its
y at
attractions
temnullting to
a
co
theme
mbine lunullury
reporters
involved in
that
the
the
dev
company
elonullment o
was
f the
in
world’s nullrst
park, attracgolf tions wcourse, ith the svilla, lave tcondominium, rade. farm
negotiations
resort and the
with
me null
several
ark dedic
operators
ated to the
fr
hi
om In resnullonse the this, the develonullers insisted
the US, Europe and Australia to develop
story of
village, as well as luxury clothing outlets.
th
Construction
at nullfrica’s his
is
to
e
ry
xpected
will be
to
null
begin
resente
in
d in a
thr
sl
ee
ave
parks
ry in nullf
in
rica
the
.
South Johor region. 2012.
“sensitive” manner and that the resort will helnull
She
The
said
con
Iskandar
troversial
Malaysia
nullnullnullnull.nullbn
would
lunullury resort,
“enhance the nulluality of life” for local nulleonullle by
pr
w
obably
hich w
have
ill ho
thr
use
ee
co
theme
ncert h
parks
alls, go
and
lf c
they
ourses,
creating more than nullnullnull,nullnullnullnew nullobs through
would casinobe s acomplementing nd a slave trade each musother eum, ratherwill be
AMAZULU WORLD PLAN
to
DUBAI-based
urism.
real estate group Ruwaad
than devecompeting, lonulled on a adding: former sl“If ave we nullorsign t in thenulladagry,
has unveiled plans to develop a multi-
deal
nullige
within
ria.
the next 12 months, we can
billion dollar leisure project in Africa, the
open
nullac
the
kso
park
n, wh
in
o
2012.”
is sunullnullorting the nulladagry
largest of its kind on the continent.
TOK
Histo
Y
ric
O
al R
PLAN
esort nullev
DROPPED
elonullment nullronullect venture, Amazulu World will be a mixed-use
said the nullronullect is intended to honour the region, destination resort on the north coast of
THE
whi
Oriental
ch was a
L
“null
and
oint
Company
of no retu
,
rn
operator
” for thou
of
sands
Durban, South Africa. Around 16,500
Tokyo Disney Resort in Japan, has dropped
of slaves trafnullcked from nullfrica to the nullmericas
hectares of land have been earmarked
plans to build an indoor entertainment
as nullart of the transatlantic slave trade between
for the project, which includes an
complex outside Tokyo. The project had
the nullnullth and nullnullth centuries.
‘internationally branded’ theme park,
initially been intended to create a Disney-
nullromotional literature from The nullotherland
Africa’s largest shopping complex, a
style leisure, shopping and dining facility
sports village, hotels and resorts, as
to nullopen rounull, in th2010, e investhough tment gplans rounull nullnhave ancinbeeng the
well as a health and education
A
village.
shelved in the current economic climate. It
n artist’s
nulllan, describes the nullronullect as “an adventurous
The project is set to be built iin mpphasesression
is
r
hoped
ide givin
the
g yo
pr
u
oject
an his
may
torical
yet
ove
be
rvie
r
w
evived
of nullfr
at
ican
over 25 years, Ruwaad said. of the
a
m
later
usic.
date
.. from
in
h
a
olo
mor
gram
e pr
im
ofitable
ages, con
format.
cert footage Banullanullry
and a statenullofnullthenullart recording facility, to
resort
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