Latest
 
  • All Share : 52957.32
    DOWN -0.50%
    Top40 - (Tradeable) : 46471
    DOWN -0.69%
    Financial 15 : 15475.66
    DOWN -1.68%
    Industrial 25 : 69839.36
    DOWN -0.64%
    Resource 10 : 32203.24
    UP 0.56%

  • ZAR/USD : 14.2302
    DOWN -0.37%
    ZAR/GBP : 20.7452
    DOWN -0.39%
    ZAR/EUR : 16.2838
    UP 0.48%
    ZAR/JPY : 0.1333
    UP 1.29%
    ZAR/AUD : 10.7991
    DOWN -0.86%

  • Gold US$/oz : 1292.4
    UP 2.05%
    Platinum US$/oz : 1077
    UP 2.47%
    Silver US$/oz : 17.82
    UP 1.65%
    Palladium US$/oz : 621
    UNCHANGED0.00%
    Brent Crude : 48.13
    UP 0.44%

  • All data is delayed by 15 min. Data supplied by Profile Data
    Hover cursor over this ticker to pause.

Sun May 01 21:24:50 SAST 2016

Dubai plans $2.7 billion Bollywood theme park complex

Reuters | 28 November, 2012 11:00
A scene from Bollyood film 'Jab Tak Hai Jaan'. File photo. Dubai is planning a theme park, one of which is dedicated to Bollywood.
Image by: Extra

Dubai plans to build a 10 billion dirham ($2.7 billion) complex of five theme parks, including one focused on India’s Bollywood cinema industry, to expand its booming tourism sector, the Dubai ruler’s office said on Monday.

Local real estate company Meraas Holding has been chosen to develop the project, the first stage of which is expected to be completed by 2014, the office of Sheikh Mohammed bin Rashid al-Maktoum said in a statement on its website.

Located near Dubai’s Jebel Ali port area, the complex is to include an adventure park featuring Hollywood brands, a marine park, a children’s park and a night safari.

Meraas has formed partnerships with several major film studios in Mumbai to obtain content for the Bollywood Parks section, which will include a theatre showing Broadway-style musicals, the statement said.

A tourism boom and a nascent recovery in Dubai’s property market has prompted the emirate to announce a string of ambitious projects this year. On Saturday, Sheikh Mohammed unveiled plans for a tourism and retail development which, he said, would include 100 hotels and the largest shopping mall in the world.

SHARE YOUR OPINION

If you have an opinion you would like to share on this article, please send us an e-mail to the Times LIVE iLIVE team. In the mean time, click here to view the Times LIVE iLIVE section.