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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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Jobs . News . Products . Magazine
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
St Louis Zoo reveals plans for US$80m expansion
St Louis Zoo is planning to add a US$80m (€70.6m, £62.4m) expansion which would house a new breeding facility as well as new outdoor visitor experiences.
Dollywood, Universal and Fantawild among 2018 TEA Thea Awards winners
The Themed Entertainment Association (TEA) has revealed the winners of this year's Thea Awards.
IAAPA 2018: WhiteWater and Cirque du Soleil announce plans to 'redefine' waterpark experience
WhiteWater West and Cirque Du Soleil have announced a brand new partnership to bring Cirque-themed waterparks to life in multiple locations worldwide.
Sandcastle-like Dune Museum opens on China’s Gold Coast
The Ullen Centre for Contemporary Art (UCCA) has opened a sandcastle-like museum outside Beijing on China’s Gold Coast.
+ More news   
LATEST JOBS
Area Commercial Manager
Continuum Attractions
Salary: Competitive Salary and Benefits
Job location: North of England and Scotland, UK
Director of Operations
Legoland
Salary: Competitive
Job location: California, USA
Food and Beverage Manager
NAMCO UK Ltd
Salary: Negotiable depending on experience
Job location: Manchester, UK
Sales and Events Manager
NAMCO UK Ltd
Salary: Negotiable depending on experience
Job location: Manchester, UK
Bowling Technician
NAMCO UK Ltd
Salary: Negotiable depending on experience
Job location: Manchester, UK
Evening Duty/Bar Manager
Parkwood Leisure
Salary: £9 per hour
Job location: Longridge, Preston, UK
+ More jobs  
 


ADVERTISE . CONTACT US

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

©Cybertrek 2018

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