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New attractions and investments coming to Al Montazah park
The second phase of developments at Shurooq’s Al Montazah Amusement and Water Park is underway, and details on a number of new amusements and attractions have been revealed at a press conference held at 1971 Design Space, The Flag Island. Pearl Kingdom, the water parks’ new attraction, will feature theming inspired by Princess Pearls, a mythical character who built a kingdom with her knowledge of the sea-stones. Khalid Ebrahim Al Qaseer, manager of Al Montazah, commented that the water park will contain 35 attractions, a wave pool with a capacity of 200, a slide tower, and areas and activities for little ones. In addition to these new amenities, Shurooq announced that the capacity of the AED100m park has been increased to accommodate 7,000 guests.
Vekoma Rides acquired by
Sansei Technologies D
utch roller coaster manufacturer Vekoma Rides has been acquired by Sansei Technologies, a
Japanese company listed on Tokyo Stock Exchange. With the 100% acquisition of Vekoma, Sansei will increase its global market share in the field of designing, supplying and installing roller coasters. Vekoma’s takeover is a logical next step,
according to its Management. Commented Kees van Biert, chairman of the Supervisory Board “In recent years, a solid foundation has been laid, in which safety, innovation, quality and customer satisfaction have served as spearheads of our policy. In Sansei, we have found a reputable partner, with equivalent standards and values, who can offer continuity to the company and bring us even further. Through their presence and contacts, we also see opportunities to better serve new regions, such as Japan, Southeast Asia and North America.” Mr Nakagawa, CEO of Sansei, will sit on the Supervisory Board along with the
current two Supervisory Board members, Mr Van Biert and Mr Steenbakker. The company will continue its activities under the same trade name as an independently operating company.
Six Flags expands into Saudi Arabia
Six Flags Entertainment Corporation and the Public Investment Fund, Saudi Arabia’s sovereign wealth fund, announced plans to develop a Six Flags-branded theme park in the city of Riyadh. Six Flags entered into an arrangement with the PIF to develop, design, and license the Six Flags brand for Qiddiya – Saudi Arabia’s first entertainment, sports and cultural destination – which is due to open in 2022. “Innovation is synonymous with the Six Flags brand, and our international licensing business provides a unique opportunity to continue our strong global growth,” said David McKillips, president of Six Flags International Development Company. “We see great potential in the Saudi Arabian market and look forward to collaborating with the PIF to create a world-class entertainment destination for Saudi’s young and dynamic population.”
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