Skip to main content

Evergrande to build 15 Children’s World theme parks across China

News
evergrande to build 15 childrens world theme parks across china

China Evergrande Group has announced that it plans to build 15 Children’s World theme parks in second-tier cities across China.

Construction is planned between 2019 and 2022, reports Quartz Media.

The theme parks are expected to attract more than 15 million visitors and generate around $3 billion in revenue per annum.

The news is an update on an announcement earlier in the year of the development of several $7 billion theme parks.  Evergrande seems to be planning to take on Shanghai Disneyland, stating that the Children’s World theme parks will be 1.5 times the size of their rival.  Each indoor Children’s World theme park will feature 33 large-scale rides themed around characters from Chinese and Western mythologies.

Evergrande names Ideattack, ITEC, Sanderson, Vekoma, Zamperla and HUSS as suppliers for the projects.

Evergrande is China’s largest property developer (ranked by sales) but is reported to be highly leveraged.

https://qz.com/1063323/evergrande-hkg-3333-childrens-world-chinas-newest-answer-to-disneyland-is-a-mix-of-eastern-and-western-fantasies/

Share this
Rachel Reed

Rachel Read

Rachel is Finance Director. She has a degree in engineering from Cambridge University and qualified as a Chartered Accountant at Deloittes in London. She worked in finance in industry for twenty years. She oversees our news and also manages our events.

More from this author

More from this author

Related content

Your web browser is out of date. Update your browser for more security, speed and the best experience on this site.

Find out how to update