Six Flags Entertainment to invest $484m in Iskandar theme park
NUSAJAYA, JOHOR (THE STAR/ANN) - United States-based theme park operator Six Flags Entertainment is planning to invest between RM1.2 billion (S$484 million) and RM1.5 billion to set up a theme park in Iskandar Malaysia.
Sources told StarBiz that the theme park, which will be double the size of Legoland Malaysia and the company's first theme park in Asia, would offer more than 40 rides.
According to Wikipedia, Six Flags Entertainment is the world's largest amusement park corporation based on quantity of properties and the fifth most popular in terms of attendance. It maintains 19 properties throughout North America consisting of theme parks, thrills parks, water theme parks and family entertainment centres.
Iskandar Investment (IIB) president and chief executive officer Datuk Syed Mohamed Syed Ibrahim, said an announcement would be made by an investor within the next six months on the matter.