Yokohama Hakkeijima Inc., a member of Japan’s Seibu Group, is to operate a new aquarium to be built in northern Taiwan.
Construction work will begin in 2017. The new aquarium expected to open in 2020 and is forecast to attract 1.6 million visitors in its first year of operation.
The project is part of the wider Taoyuan Aerotropolis urban development around Taoyuan Airport that will include hotels, retail outlets and a cinema.
The development is a joint venture between Yokohama Hakkeijima Inc. and Cathay Financial Holdings.
Yokohama Hakkeijima Inc. currently operates six aquariums in Japan, including Yokohama Hakkeijima Sea Paradise and Aqua Park Shinagawa.
This will be the first aquarium operated by a Japanese company overseas.