Six Flags confirms Saudi Arabia plans for 2022 | attractionsmanagement.com news
POST YOUR JOB ONLINE
Free ezine/digital edition sign up
Jobs . News . Features . Video . Products . Magazine . Handbook . Advertise . Contact us  
NEWS
Six Flags confirms Saudi Arabia plans for 2022
POSTED 05 Apr 2018 . BY Tom Anstey
Six Flags has confirmed long-awaited plans for its first Saudi Arabian venture, announcing plans to open a park as part of the kingdom’s new entertainment destination in Qiddiya by 2022.

It was revealed in June 2016 that Six Flags was focusing its expansion efforts outside of the US, eyeing Saudi Arabia as a potential location along with projects in Dubai, Vietnam and China.

In February last year, Saudi Arabia’s Public Investment Fund (PIF) – a company set up to manage the country’s sovereign wealth and facilitate development of its national economy – was reported to be interested in a deal with Six Flags.

Worth US$2tn (€1.87tn, £1.59tn) PIF has announced plans to develop the Six Flags-branded park under a franchise agreement, with the operator working alongside PIF to design and construct the visitor attraction, which will be part of Qiddiya – Saudi Arabia’s first entertainment, sports and cultural destination.

"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 the 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 young people living in Saudi Arabia."

Part of Saudi Arabia’s Vision 2030 plan – which like much of the Middle East is aiming to reduce reliance on oil – includes a relaxation of the rules on its entertainment sector in an area which traditionally has been ultra-conservative, with particularly harsh laws in relation to women. By 2030, Saudi Arabia wants to have more than 450 clubs providing a variety of cultural activities and events, with the aim of doubling household spending on recreation to 6 percent.

"The entertainment sector has an important role to play in the transformation of Saudi Arabia’s economy," said the PIF.

"The Six Flags theme park and other similar developments will create new employment opportunities and harness the talent, energy and imagination of Saudi youth. Our investment in this sector is in line with our mission and delivers on a key element of Vision 2030."
RELATED STORIES
Six Flags targets new waterpark acquisitions in 2018 following record year


Six Flags is planning to increase its attractions portfolio in 2018, with the operator revealing discussions with a number of potential new partners as its waterpark acquisition strategy starts to build steam.
Six Flags' plans for world's first solar-powered theme park get green light


Six Flags Great Adventure in New Jersey, US, will be the world’s first theme park to go solar, after it reached an agreement with local groups over the game-changing plans.
Don Potts joins Riverside Group to oversee expansion of Six Flags destinations in China


Chinese real-estate developer Riverside Group has appointed Don Potts as vice president of resort, park and entertainment business operations.
MORE NEWS
New plans released for Sacarmento's Powerhouse Science Center
Renderings have been released for a new science centre and planetarium coming to Sacramento, California, in 2020.
New aquarium to open in Montonegro in 2020
Montenegro’s Institute of Marine Biodiversity is building an aquarium, with the new attraction to sit underneath the Marine Biodiversity Conservation Centre in the coastal town of Kotor.
Eddie Kemsley returns to Dreamland as CEO
Dreamland – the heritage theme park in Margate, England – has confirmed the reappointment of its former chief executive officer Eddie Kemsley to the same position, two years after she left the business to take over at Kidzania London.
Canadian National Gallery CEO Marc Mayer steps down
Marc Mayer is stepping down as director and CEO of the National Gallery of Canada today to pursue new challenges, following a 10-year stint in the role.
+ More news   
LATEST JOBS
Centre Director
Live Borders
Salary: Competitive
Job location: Galashiels, UK
Fundraising Officer - Berry Theatre and The Point
Eastleigh Borough Council
Salary: Circa £30,000
Job location: Eastleigh, UK
Expressions of Interest - High Lodge attractions
Forestry Commission
Salary:
Job location: Thetford, UK
Attraction (High Wires) Manager
Magna Vitae
Salary: £30,153 per annum
Job location: Skegness, UK
Operations Manager
Longleat
Salary: £28,000 to £35,000 per annum
Job location: Longleat, Warminster, UK
+ More jobs  

COMPANY PROFILE
QubicaAMF UK

QubicaAMF provides the most innovative combination of tenpin bowling equipment, services and [more...]
+ More profiles  
FEATURED SUPPLIER

Seeper brings history to life at Little Big City Beijing
Merlin Entertainment latest attraction, Little Big City Beijing, has opened in China. [more...]
VIDEO GALLERY

ParadropVR by Frontgrid
Offering a truly immersive VR experience. Find out more...
More videos:
Birds of a Feather 4D Trailer – nWave Pictures
Experience the experience – Polin Waterparks & Pool Systems
Red Raion: Meet the Team - Introduction – Red Raion
+ More videos  

CATALOGUE GALLERY
 

+ More catalogues  
ATTRACTIONS DIRECTORY
+ More directory  
ATTRACTIONS DIARY

25-27 Mar 2019

Dubai Entertainment Amusement and Leisure Exhibition (DEAL)

Dubai World Trade Centre, Dubai, United Arab Emirates
01 Apr 2019

English Tourism Week Conference 2019

128 Piccadilly, London, United Kingdom
+ More diary  
LATEST ISSUES
+ View Magazine Archive

Attractions Management

2018 issue 4


View issue contents
View on turning pages
Download PDF
FREE digital subscription
Print subscription

Attractions Management

2018 issue 3


View issue contents
View on turning pages
Download PDF
FREE digital subscription
Print subscription

Attractions Management

2018 issue 2


View issue contents
View on turning pages
Download PDF
FREE digital subscription
Print subscription

Attractions Management

2018 issue 1


View issue contents
View on turning pages
Download PDF
FREE digital subscription
Print subscription

Attractions Management News

09 Jan 2019 issue 121


View on turning pages
Download PDF
View archive
FREE digital subscription
Print subscription

Attractions Handbook

2018


View issue contents
View on turning pages
Download PDF
FREE digital subscription
Print subscription
 
ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
LEISURE MEDIA HANDBOOKS
LEISURE MEDIA WEBSITES
LEISURE MEDIA PRODUCT SEARCH
 
ATTRACTIONS MANAGEMENT
ATTRACTIONS MANAGEMENT NEWS
ATTRACTIONS HANDBOOK
PRINT SUBSCRIPTIONS
FREE DIGITAL SUBSCRIPTIONS
ADVERTISE . CONTACT US

Leisure Media, Portmill House, Portmill Lane,
Hitchin, Hertfordshire SG5 1DJ Tel: +44 (0)1462 431385

©Cybertrek 2019
Jobs . News . Products . Magazine
NEWS
Six Flags confirms Saudi Arabia plans for 2022
POSTED 05 Apr 2018 . BY Tom Anstey
Six Flags has confirmed long-awaited plans for its first Saudi Arabian venture, announcing plans to open a park as part of the kingdom’s new entertainment destination in Qiddiya by 2022.

It was revealed in June 2016 that Six Flags was focusing its expansion efforts outside of the US, eyeing Saudi Arabia as a potential location along with projects in Dubai, Vietnam and China.

In February last year, Saudi Arabia’s Public Investment Fund (PIF) – a company set up to manage the country’s sovereign wealth and facilitate development of its national economy – was reported to be interested in a deal with Six Flags.

Worth US$2tn (€1.87tn, £1.59tn) PIF has announced plans to develop the Six Flags-branded park under a franchise agreement, with the operator working alongside PIF to design and construct the visitor attraction, which will be part of Qiddiya – Saudi Arabia’s first entertainment, sports and cultural destination.

"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 the 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 young people living in Saudi Arabia."

Part of Saudi Arabia’s Vision 2030 plan – which like much of the Middle East is aiming to reduce reliance on oil – includes a relaxation of the rules on its entertainment sector in an area which traditionally has been ultra-conservative, with particularly harsh laws in relation to women. By 2030, Saudi Arabia wants to have more than 450 clubs providing a variety of cultural activities and events, with the aim of doubling household spending on recreation to 6 percent.

"The entertainment sector has an important role to play in the transformation of Saudi Arabia’s economy," said the PIF.

"The Six Flags theme park and other similar developments will create new employment opportunities and harness the talent, energy and imagination of Saudi youth. Our investment in this sector is in line with our mission and delivers on a key element of Vision 2030."
RELATED STORIES
Six Flags targets new waterpark acquisitions in 2018 following record year


Six Flags is planning to increase its attractions portfolio in 2018, with the operator revealing discussions with a number of potential new partners as its waterpark acquisition strategy starts to build steam.
Six Flags' plans for world's first solar-powered theme park get green light


Six Flags Great Adventure in New Jersey, US, will be the world’s first theme park to go solar, after it reached an agreement with local groups over the game-changing plans.
Don Potts joins Riverside Group to oversee expansion of Six Flags destinations in China


Chinese real-estate developer Riverside Group has appointed Don Potts as vice president of resort, park and entertainment business operations.
MORE NEWS
New plans released for Sacarmento's Powerhouse Science Center
Renderings have been released for a new science centre and planetarium coming to Sacramento, California, in 2020.
New aquarium to open in Montonegro in 2020
Montenegro’s Institute of Marine Biodiversity is building an aquarium, with the new attraction to sit underneath the Marine Biodiversity Conservation Centre in the coastal town of Kotor.
Eddie Kemsley returns to Dreamland as CEO
Dreamland – the heritage theme park in Margate, England – has confirmed the reappointment of its former chief executive officer Eddie Kemsley to the same position, two years after she left the business to take over at Kidzania London.
Canadian National Gallery CEO Marc Mayer steps down
Marc Mayer is stepping down as director and CEO of the National Gallery of Canada today to pursue new challenges, following a 10-year stint in the role.
+ More news   
LATEST JOBS
Centre Director
Live Borders
Salary: Competitive
Job location: Galashiels, UK
Fundraising Officer - Berry Theatre and The Point
Eastleigh Borough Council
Salary: Circa £30,000
Job location: Eastleigh, UK
Expressions of Interest - High Lodge attractions
Forestry Commission
Salary:
Job location: Thetford, UK
Attraction (High Wires) Manager
Magna Vitae
Salary: £30,153 per annum
Job location: Skegness, UK
Operations Manager
Longleat
Salary: £28,000 to £35,000 per annum
Job location: Longleat, Warminster, UK
+ More jobs  
 


ADVERTISE . CONTACT US

Leisure Media, Portmill House, Portmill Lane,
Hitchin, Hertfordshire SG5 1DJ Tel: +44 (0)1462 431385

©Cybertrek 2019

ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
LEISURE MEDIA HANDBOOKS
LEISURE MEDIA WEBSITES
LEISURE MEDIA PRODUCT SEARCH
ATTRACTIONS MANAGEMENT NEWS
ATTRACTIONS HANDBOOK
PRINT SUBSCRIPTIONS
FREE DIGITAL SUBSCRIPTIONS