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Saturday, April 12, 2014

Six Flags coming to Dubai

Six Flags Entertainment Corporation, the world’s largest regional theme park company, and Meraas Leisure and Entertainment, have announced plans to bring a theme park to Dubai.

In a joint statement, the companies said a new strategic partnership will bring a Six Flags-branded theme park to the emirate.

The project is planned to open in late 2017 and will be located within the multi-themed park project in Jebel Ali launched by Meraas.

“The cornerstone of our international expansion strategy has always been finding the right partner in the right location and, with Meraas in Dubai, we have done exactly that,” said Jim Reid-Anderson, chairman, president and CEO of Six Flags Entertainment.

“We are honoured to be working with this world-class organization as the first significant strategic step taking the Six Flags brand to growing and successful markets outside North America.”
Raed Al Nuaimi, chief leisure and entertainment officer, Meraas L&E, added: “We are delighted to have a world-leading theme park company and a brand like Six Flags on board. We are confident their presence will perfectly complement our project and further enhance our overall offerings in the leisure and entertainment space.”

“As part of our commitment towards creating one-of-a-kind experiences and contributing towards the Dubai Tourism Vision 2020, our association with Six Flags will help us develop a world-class destination that redefines the industry and positively impacts the regional tourism sector.”
Terms of the arrangement were not disclosed.
Six Flags Entertainment Corporation posted $1.1 billion in revenue last year and operates 18 parks across the United States, Mexico and Canada.

Meraas L&E is the leisure and entertainment arm of Meraas Holding, a Dubai-based real estate development company, which creates integrated master-planned communities.link

Yay! I love Six Flags and it will be closer than Disney Paris!

1 comment:

  1. Whaaaaa? I thought they terminated the agreement! YAY!

    ReplyDelete

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