Iskandar Malaysia to Become Malaysia's Theme Park Hub

Mangalesri Chandrasekaran25 Jul 2016

 

According to State Tourism, Trade and Consumerism committee chairman Datuk Tee Siew Kiong, Iskandar Malaysia is poised to become a regional theme park hub in Malaysia and has a few upcoming theme park developments in the pipeline.

Within the next three to five years, the corridor will have a total of eight theme parks. At the moment, discussions are going on between the relevant authorities and the theme park operators who are planning to set up their theme parks here.

“It is common for the authorities and theme park operators to have discussions before finalizing the investment,” said Tee.

The ongoing discussion involves Iskandar Regional Development Authority (Irda) with theme park operators from Australia, Indonesia, Japan, Europe and North America, regarding their investment in Iskandar Malaysia.

These theme parks will be developed between 20.33ha and 40.46ha, and can be either indoor or outdoor theme parks. One of the proposed theme parks is an indoor IT-based theme park, which is preferred by IT-savvy youths and gamers. Japan houses a similar theme park, which is popular among youths.

The investment for these theme parks can range between RM500 million to RM1 billion, depending on the size of the development. These upcoming parks will cater to all walks of life, from children to adults.

Currently, Iskandar Malaysia houses Legoland Malaysia Theme Park, the Hello Kitty Indoor Theme Park @ Puteri Harbour, the Angry Birds @ JBCC and the Mount Austin water theme park.

 

Mangalesri Chandrasekaran, Editor at PropertyGuru, edited this story. To contact her about this or other stories email mangales@propertyguru.com.my

POST COMMENT

You may also like these articles

A Train Ride Away to Major Places and City Hotspots

  KL Sentral is the most connected transit in Kuala Lumpur city. Wherever you are from and wherever you are heading to, you will find the most hassle-free way for your transit right here. T

Continue Reading22 Jul 2016

Tips for Gen Ys to Purchase Properties in Penang

  Area Analysis (Penang Island)   Land-scarce Penang Island has 293 sq km of land. Like Singapore, Penang is experiencing the “island effects”, where a spike in property price

Continue Reading22 Jul 2016

HSR to Serve as a Growth Catalyst for Malacca

  The state government of Malacca expects the High-Speed Rail (HSR) service from Kuala Lumpur to Singapore to be a catalyst for growth for Ayer Keroh and other nearby areas. “We discussed

Continue Reading22 Jul 2016

Park and Ride Facilities Along Sungai Buloh-Kajang MRT Line

  According to MRT Corp operations and asset management director Mahmood Razak, a total of 8,000 parking bays is about to be opened in the 14 Mass Rapid Transit (MRT) stations along the Sungai

Continue Reading22 Jul 2016