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Mirapolis: The Elysée and Saudi Arabia formalize a six billion investment

Three amusement parks will be built on the site of the former theme park of Mirapolis.

Translated from French Read in French

The French government and Riyadh have signed an agreement to revive the former theme park Mirapolis in Yvelines with a 6 billion euro investment from Saudi Arabia. The project, backed by the Qiddiya Investment Company, a subsidiary of the Saudi sovereign fund, will create 22,000 jobs and feature three theme and leisure parks, accommodation, restaurants, and housing.

French President Emmanuel Macron hailed the announcement as unprecedented, comparable only to Disneyland Paris. The project also aims to restore 50,000 square meters of green spaces and promote biodiversity. A precise timeline for the project's completion has not been disclosed.

Written by urgent.news from Politico EU's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Read the original at politico.eu →

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