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Adlabs plans new theme park for developing city of Amaravati
POSTED 01 Oct 2018 . BY Luke Cloherty
Adlabs Entertainment – owner of Adlabs Imagica in Khalapur – has announced plans to develop a major theme park project in the new city of Amaravati.

Amaravati – an under-development city which first had its foundations laid in 2015 and is currently being built across 217sq km (83sq mi) – will become the future state capital of Andhra Pradesh. As part of that development, Adlabs is planning a new theme park development, likely to be worth somewhere in the region of INR5.5bn (US$88m, €75.8m, £67.5m) based on previous similar plans from the operator.

Details on what the attraction will include have not been confirmed, though funding has been secured for the development, which will be a joint venture with local partner Riverbay Resort. Adlabs will have no direct equity investment in the project, which is based on a licensing agreement.

Adlabs owns two existing attractions, the Imagica theme park – opened in April 2013 – and Aquamagica waterpark, which opened in October 2014. The company also owns the Novotel Imagica Khopoli – a family hotel opened in 2015.
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NEWS
Adlabs plans new theme park for developing city of Amaravati
POSTED 01 Oct 2018 . BY Luke Cloherty
Adlabs Entertainment – owner of Adlabs Imagica in Khalapur – has announced plans to develop a major theme park project in the new city of Amaravati.

Amaravati – an under-development city which first had its foundations laid in 2015 and is currently being built across 217sq km (83sq mi) – will become the future state capital of Andhra Pradesh. As part of that development, Adlabs is planning a new theme park development, likely to be worth somewhere in the region of INR5.5bn (US$88m, €75.8m, £67.5m) based on previous similar plans from the operator.

Details on what the attraction will include have not been confirmed, though funding has been secured for the development, which will be a joint venture with local partner Riverbay Resort. Adlabs will have no direct equity investment in the project, which is based on a licensing agreement.

Adlabs owns two existing attractions, the Imagica theme park – opened in April 2013 – and Aquamagica waterpark, which opened in October 2014. The company also owns the Novotel Imagica Khopoli – a family hotel opened in 2015.
MORE NEWS
Snøhetta and Blight Rayner selected to design AU$150m theatre in Australia
Architecture firms Snøhetta and Blight Rayner have won an international competition to design an AU$150m (US$103.8m, €90m, £81.4m) theatre for the Queensland Performing Arts Centre (QPAC) in Brisbane, Australia.
Kew Gardens opens giant natural play zone
Inspired to encourage children to develop a lasting relationship with plants and nature, Royal Botanic Gardens, Kew in London is all set to open its giant new Children’s Garden to the public this weekend (18 May).
IAAPA returns to Shanghai in June with rebranded Asian expo
Formerly the Asian Attractions Expo, (AAE) the newly-rechristened IAAPA Expo Asia (IEA) takes its first steps under its new name from 11-14 June.
17th annual Museums and Heritage awards honour 'innovative and ground-breaking initiatives'
The winners of the Museums + Heritage Awards were announced in London last night (15 May), with museums large and small being honoured and Sir David Attenborough picking up a Special Recognition Award.
+ More news   
LATEST JOBS
Interpretation and Engagement Manager
Chatsworth House
Salary: Competitive
Job location: Bakewell, UK
Children's Garden Hosts
Royal Botanic Gardens Kew
Salary: £18,589 per annum pro rata
Job location: Richmond, UK
Duty Manager
Dinotropolis
Salary: £20-£25K depending on experience.
Job location: Dartford, UK
Operations Manager
Wild Life
Salary: Competitive
Job location: Whitsundays QLD, Australia
Head of Central Scheduling and Planning
Merlin Entertainments Group
Salary: Competitive
Job location: Goshen, New York, USA
Strategic Account Sales Manager
Merlin Entertainments Group
Salary: Competitive
Job location: Goshen, New York, USA
+ 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
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