China’s Haichang Ocean Park is to receive support from Saudi Arabia’s Tourism Development Fund (TDF) to build a marine-themed park in the kingdom.
Hong Kong-listed Haichang Ocean Park has signed a non-binding agreement with the TDF, according to a recent filing with the Hong Kong Exchange.
This comes after the Asian theme park operator signed a memorandum of understanding (MOU) in April with Saudi Arabia’s investment ministry to develop LBE experiences across the kingdom.
According to the MOU signed earlier this year, Haichang Ocean Park has plans to develop theme parks, water parks, wildlife parks and family entertainment centers (FECs) in Saudi Arabia.
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