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Kaisa Group to Build 30b Yuan Theme Park in Shenzhen

Further intensifying competition in mainland China inthe nascent amusement park business, Shenzhen-based property developer Kaisa Grouphas revealedplans to invest 30 billion yuan to createan international theme park in Golden Bay, eastern Shenzhen.

Vice chairman of Kaisa Group, Luo jun, said he wassure the park would meet with "strong consumer demand".


"Golden Bay International Amusement park" will include:

  • a theme park
  • Hotels
  • Waterpark
  • movie theatre and animation city and
  • a sports centre

coveringa 1.5 sq km site in the eastern partof Shenzhen. The project is expected to completein 2020.

The proposed development would be a huge endeavour, not dissimilar in size and scope to the recently opened Shanghai Disney resort. Analysts, however, remain sceptical, wondering if Kaisa can afford such a project, as The South China Morning Post reports.

Kaisa unveils plan to build 30b yuan theme park featuring ‘animation city’ in Shenzhen east | South China Morning Post