Saudi Arabia to invest €6 billion in theme parks near Paris, Macron says
France and Saudi Arabia on Monday signed an agreement for the oil-rich Gulf kingdom to invest €6 billion to create three amusement parks near Paris, including one likely to be a manga-themed park, the French presidential office said. The announcement came during Saudi Crown Prince Mohammed bin Salman's visit focused on bilateral deals and the current crisis in the Middle East.
On Monday, France and Saudi Arabia inked a memorandum of understanding for a $7 billion investment to build three theme parks near Paris, according to the French presidency's Elysee Palace. Crown Prince Mohammed bin Salman of Saudi Arabia visited France for two days, during which the agreement was signed. The parks, to be built near Cergy-Pontoise, 30 kilometers northwest of Paris, are expected to create over 22,000 direct jobs, surpassing the 20,000 jobs generated by Disneyland Paris, the presidency reported.
The investment will see the establishment of three theme parks, with at least one likely to focus on manga, including the popular Japanese franchise Dragon Ball Z, as per an adviser to President Emmanuel Macron. The project, led by Qiddiya investment firm, a subsidiary of Saudi Arabia's sovereign wealth fund, will be constructed and opened in stages over several years, with no set opening date announced yet.
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- Saudi Arabia to invest $7bn in theme parks near Paris — French presidency punchng.com
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