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Universal breaks ground on CN¥50bn China venture
POSTED 03 Nov 2016 . BY Tom Anstey
A joint venture company known as Beijing Shouhuan Cultural Tourism Investment Co formed last year to carry out construction
Universal Studios has broken ground on its largest ever theme park project – a CN¥50bn (US$7.4bn, €6.65bn, £6bn) development set to open in Beijing in 2020.

While Disney and Wanda battle for theme park supremacy in China, Universal is a name that can now be thrown into that hat, with the massive investment to cover 4sq km (2.5sq m) in Tongzhou – an eastern district of Beijing.

With ground breaking on the development this week, once freely sliding openings will hopefully be locked in. In the past, 2018, 2019 and 2020 dates have all been touted.

A deal signed between the Chinese government and Universal Studios was initially given the green light by the National Development and Reform Commission in September 2014, with the official signing taking place on 13 September 2015.

A joint venture company known as Beijing Shouhuan Cultural Tourism Investment Co formed last year to carry out construction. The development will include in its first phase the theme park, the world’s first Universal-themed resort hotel and a retail entertainment complex, all to be completed within five years. A second stage of development in 2021 will include a second theme park, a waterpark and five more resort hotels.

The park will be the company’s fourth Universal theme park in Asia, following the well-established sites in Japan and Singapore and the forthcoming Universal Studios park in South Korea.
RELATED STORIES
  Wanda hires former Hong Kong Disneyland head to run theme park division


As Disney and Wanda’s public war for dominance across China continues to rage on, Wanda chair Wang Jianlin has reportedly hired former Disney executive Andrew Kam to lead its charge into the theme park sector.
  Wanda 'wolf pack' grows as operator launches latest multi-billion dollar Wanda City development


Wang Jianlin’s public feud with Disney continues to heat up with the Wanda chair’s latest multi-billion Wanda City to open its doors tomorrow (23 September).
  Iger hints at further expansion for Disneyland Shanghai following strong first quarter


Disney chair and CEO Bob Iger has said that the operator’s new Shanghai venture has “ample expansion possibilities” following a strong opening three months.
  Universal signs JV deal with Chinese government for C¥50bn development of Universal Studios Beijing


Universal’s C¥50bn US$7.85bn (€6.93bn, £5bn) largest theme park ever will open in China in 2019, after the company received the green light from Beijing authorities.
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Jobs    News   Products   Magazine
NEWS
Universal breaks ground on CN¥50bn China venture
POSTED 03 Nov 2016 . BY Tom Anstey
A joint venture company known as Beijing Shouhuan Cultural Tourism Investment Co formed last year to carry out construction
Universal Studios has broken ground on its largest ever theme park project – a CN¥50bn (US$7.4bn, €6.65bn, £6bn) development set to open in Beijing in 2020.

While Disney and Wanda battle for theme park supremacy in China, Universal is a name that can now be thrown into that hat, with the massive investment to cover 4sq km (2.5sq m) in Tongzhou – an eastern district of Beijing.

With ground breaking on the development this week, once freely sliding openings will hopefully be locked in. In the past, 2018, 2019 and 2020 dates have all been touted.

A deal signed between the Chinese government and Universal Studios was initially given the green light by the National Development and Reform Commission in September 2014, with the official signing taking place on 13 September 2015.

A joint venture company known as Beijing Shouhuan Cultural Tourism Investment Co formed last year to carry out construction. The development will include in its first phase the theme park, the world’s first Universal-themed resort hotel and a retail entertainment complex, all to be completed within five years. A second stage of development in 2021 will include a second theme park, a waterpark and five more resort hotels.

The park will be the company’s fourth Universal theme park in Asia, following the well-established sites in Japan and Singapore and the forthcoming Universal Studios park in South Korea.
RELATED STORIES
Wanda hires former Hong Kong Disneyland head to run theme park division


As Disney and Wanda’s public war for dominance across China continues to rage on, Wanda chair Wang Jianlin has reportedly hired former Disney executive Andrew Kam to lead its charge into the theme park sector.
Wanda 'wolf pack' grows as operator launches latest multi-billion dollar Wanda City development


Wang Jianlin’s public feud with Disney continues to heat up with the Wanda chair’s latest multi-billion Wanda City to open its doors tomorrow (23 September).
Iger hints at further expansion for Disneyland Shanghai following strong first quarter


Disney chair and CEO Bob Iger has said that the operator’s new Shanghai venture has “ample expansion possibilities” following a strong opening three months.
Universal signs JV deal with Chinese government for C¥50bn development of Universal Studios Beijing


Universal’s C¥50bn US$7.85bn (€6.93bn, £5bn) largest theme park ever will open in China in 2019, after the company received the green light from Beijing authorities.
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Scruffy Dog and Simtec launch Fisher-Price themed trackless ride
Scruffy Dog Creative Group and Simtec Systems have partnered to launch a new immersive trackless dark ride featuring the popular Mattel IP, Fisher-Price.
Dohmen and Bertens join forces to launch Tourist Development and Attraction Consultants
Former Efteling COO, Coen Bertens, and former BRC Imagination Arts exec, Bart Dohmen, have partnered to set up a consultancy for the tourism and visitor attraction sectors.
Puy du Fou to create first US attraction
Puy du Fou is set to enter the US attractions market with its iconic, immersive themed visitor experience, after securing a partnership with the Eastern Band of the Cherokee Indian (ECBI).
Mather & Co-designed Gretna Green Experience opens to the public
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COMPANY PROFILES
Antonio Zamperla Spa

Founded in 1966, the Antonio Zamperla SPA is privately owned by Mr Alberto Zamperla. Located in Vi [more...]
WhiteWater

WhiteWater was born in 1980 to create places where families unite and make joyful lasting memories [more...]
Vekoma Rides Manufacturing B.V.

Vekoma Rides has a large variety of coasters and attractions. [more...]
QubicaAMF UK

QubicaAMF is the largest and most innovative bowling equipment provider with 600 employees worldwi [more...]
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Red Raion - Keynote | Moby Dick - Friends to the rescue!
It’s extremely important for us to show you the process behind every content we produce. Each of our titles stems from deep research, focused on giving you the kinds of content that best fit your venues and target audience. Find out more...
More videos:
Red Raion TV - Testimonial: Leolandia – Red Raion
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CATALOGUE GALLERY
+ More catalogues  
DIRECTORY
+ More directory  
DIARY

 

07 Jun 2022

World Sauna Forum 2022

Lapland Hotels Arena, Tampere, Finland
07-10 Jun 2022

IAAPA Expo Asia 2022

Hong Kong Convention & Exhibition Centre, Hong Kong, Hong Kong SAR
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ADVERTISE . CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2022

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