At a time when the coronavirus pandemic is affecting construction and the attractions industry around the world, this investment and agreement shows the commitment and confidence of both parties in the project.
Sim Leisure's CEO Sim Choo Kheng said that Sri Lanka's "unpolluted coastline and beaches bring tourists from all over the world and its tourism industry is growing at an incredible pace. Furthermore, the cost of doing business in Sri Lanka is relatively low."
He continued saying that"We will have the first-mover advantage of building the first world-class attraction in Sri Lanka."
Sim Leisure wants to expand on the success of its ESCAPE brand and develop parks in China and the rest of Asia.
Over the past 25 years, Sim Leisure has worked on more than 300 projects including Yas Waterworld in Abu Dhabi and Legoland in Denmark and Malaysia.
Loading comments…