LAHORE: The Punjab government has signed an agreement with a Chinese company to build a theme park in Lahore with the cost of Rs36 billion.
The Chinese Company (Golden Bean Group) will construct a state-of-the-art theme park and an aquarium in the provincial capital with the recreational facilities like Disneyland.
Parks and Horticulture Authority (PHA) Director General Shakeel Ahmad confirmed that after surveying different sites, the Chinese company, Golden Bean, has decided to build the country’s first Disneyland-style theme park on the M-2 Motorway. “It is a huge project and will take around two years to complete,” he added.
The agreement was signed by Lahore Commissioner Abdullah Sumbal along with Punjab Horticulture Authority Director General Mian Muhammad Shakeel and Chinese company Chairman Jin Ming Nan.
The Chinese company has committed to invest Rs32 billion in the project. The peculiar project is an association of Punjab Labour Department worth Rs7.78 billion, where 2,900 apartments would be built for industrial workers and labour.
Further, Sumbal said the proposed theme park would also have a five-star hotel, water aquarium, business and shopping centres, state-of-the-art rides and a breathtaking rollercoaster. Price hike puts popular US Disneyland annual pass over $1,000.
