Middle East 5

The latest project: Universal Park

The US Universal Parks & Resorts said Monday it will develop a 6.5 million-square-foot theme park as part of Dubailand, an expansive 22 million-square-foot development in Dubai.
The park will contain four zones including a Hollywood, Metropolis and Adventure zone. Reports indicate it will cost $2.2 billion, open in 2010 and attract 5 million visitors a year.
The park, Universal Studios Dubailand, will be an addition to more than 4,000 hotel rooms and 100 restaurants, as well as an integrated area of commercial office space and a residential area, according to Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, chairman of the Dubai Executive Council and the vice president of the UAE, prime minister and ruler of Dubai.
Universal operates theme parks in Orlando, Los Angeles and Japan and has licensing agreements with existing parks in development in Singapore.

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