Haichang Ocean Park Plans Marine Theme Park Resort in Saudi Arabia
Photo: Courtesy of Haichang Ocean Park
(eap) The Chinese Haichang Ocean Park development company and the Tourism Development Fund of Saudi Arabia signed a Memorandum of Understanding (MOU) to develop a marine theme park resort in the Kingdom of Saudi Arabia (KSA). “We are thrilled to partner with the Tourism Development Fund of Saudi Arabia to bring this groundbreaking project to life,” the company states. “This collaboration represents a significant milestone in our mission to create exceptional and unforgettable entertainment experiences around the world. Together, we will revolutionize the marine theme park industry and establish KSA as a global entertainment hub.”
“We are pleased and enthusiastic about Haichang’s advancements in Saudi Arabia. The recently established memorandum of understanding with the Tourism Development Fund illustrates Haichang’s team commitment and dedication to the project and the Kingdom of Saudi Arabia. This undertaking is a significant milestone, bolstering the tourism sector by attracting millions of visitors and enhancing the city’s overall quality of life. The Ministry of Investment remains steadfast in its support for international companies seeking to explore the Saudi market and extend their footprint in the region,” states Majed AlGhanim, Managing Director of Tourism & Quality of Life sector at the Saudi Ministry of Investment.
At the 7th Future Investment Initiative Summit in October, the government of KSA announced to invest some USD 800 billion in the tourism industry, in order to attract 150 million local and international tourists by 2030, and increase the share of the tourism industry in the economy from three to ten percent. ■
