Bollywood Parks Dubai (Dubai Parks and Resorts expansion)
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Dubai Parks and Resorts, a subsidiary of Meraas Holding, said it has secured Dh4.2 billion ($1.15 billion) funding to support its ambitious plan to create the Middle East’s first mega leisure and entertainment destination in Dubai, UAE.

The syndicated financing facilities have been structured by Goldman Sachs, said a statement from Dubai Parks and Resorts.

The company had recently launched its initial public offering (IPO) on the Dubai Financial Market with a total offer size of approximately Dh2.5 billion ($684 million).

The offering, which comprises 2,528,731,083 ordinary shares, represents 40 per cent of Dubai Parks and Resorts’ post-offer issued share capital. The shares are priced at Dh1 ($0.272) per share, plus Dh0.01 per share in offer costs.

Source:
http://www.tradearabia.com/news/CONS_269856.html

Dubai Parks and Resorts, a Meraas Holding company, on Tuesday announced the appointment of Parques Reunidos as park operators for two theme parks planned for the emirate.

A deal to run motiongate Dubai and Bollywood Parks Dubai will marks Parques Reunidos' foray into the Middle East and was announced on the sidelines of the World Travel Market in London.

Parques Reunidos is an international Madrid-based entertainment operator that manages 54 theme and amusement parks, water parks, zoological and marine life parks around the world, primarily across Europe and the US.

Source:
http://www.arabianbusiness.com/operator-picked-run-two-dubai-theme-parks-570547.html

Bollywood theme park pics in high-res:

The Bollywood theme park, featuring five movie themed areas, is part of the upcoming Dubai Parks & Resorts project.

Source: http://gulfbusiness.com/2014/10/pictures-dubais-upcoming-bollywood-theme-park/#.VEeEQ-dH3-Y

Pictures taken this month.

Bollywood Park going up:

What to expect from the Bollywood Theme Park:

E-ticket attractions including a stunt show, dark ride shooter, coaster, multiple motion simulators, an indoor carnival, and an immersive themed restaurant.

A clearer image of the Bollywood Theme Park http://www.rivacreativeusa.com/

No roller coaster?

Bollywood Park:

New press release:

Dubai Parks & Resorts LLC Completes 30 Percent of the Infrastructure Development

World-class Consortium of Contractors and Consultants Overseeing Progress

Dubai-UAE: 16 September, 2014 – Dubai Parks & Resorts LLC, a Meraas Holding company, today announced that Phase 1 of the multibillion dollar entertainment and leisure destination has made significant progress with the engagement of a number of world class contractors and consultants.

The development has been designed with the expertise of leading industry firms such as Rabben Herman, Gensler, HOK, RTKL, Forrec and Riva Creative. In addition, consultants including CH2M Hill and Samsung SDS have provided infrastructure design. The overall master plan has been approved by the relevant government authorities.

More than 1,500 personnel have been deployed to develop an initial area of approximately 25 million sq feet at Phase 1 of Dubai Parks & Resorts. The number of workers on site is expected to increase four-fold by 2015. With nearly 30 percent of the infrastructure development already complete, work on the power substation has registered 35 percent headway while excavation work for the district cooling facility has also commenced.

Program management firm Samsung C&T is overseeing the overall progress of the project to ensure its components adhere to scheduled timelines and budgets, while Kier Group is building the utilities component. ETA has been engaged for the power sub-station project and National Central Cooling Company PJSC (“Tabreed”) mandated to set up the district cooling facility.

Besix Orascom is responsible for the majority of the LEGOLAND® Dubai building works, Laing O’Rourke and Al Futtaim Carillion for a large part of Motiongate Dubai, and ARCO General Contracting EST for Bollywood Parks. Hill International has also been contracted to manage the production and installation of all shows and rides, and provide construction management consultancy services for Phase 1 of Dubai Parks & Resorts.

Raed Al Nuaimi, CEO of Dubai Parks & Resorts LLC, said: “A mega project such as Dubai Parks & Resorts requires partners that have a strong track record in developing and delivering leisure and entertainment concepts of this scale. Following a stringent bidding process we have selected consultants and contractors with whom we are working closely to deliver an entertainment experience that brings to life the UAE leadership’s vision of positioning Dubai as a leading global tourist destination.”

Launched under the directive of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, Dubai Parks & Resorts has been designed as a mega leisure and entertainment destination to serve the regions that are within a four hour flying distance from Dubai.

Taking shape at Jebel Ali, the first phase of Dubai Parks & Resorts will comprise three theme parks: Motiongate Dubai, Bollywood Parks Dubai, and LEGOLAND® Dubai. The development will also feature Riverpark – a grand entrance plaza and Lapita, a family themed hotel. The first phase is scheduled for completion in 2016.