TravelNews

[Travel News]: Legoland Shanghai Resort to begin construction

TheTourAttraction.com aims to provide the latest global travel and free travel news, travel and visa policies, and flight information. We hope to provide insights into tourism market, technology and development trends with everyone by providing the latest relevant information. Despite the raging COVID-19 epidemic in 2020, we always firmly believe that mankind will overcome the disease and the tourism market will definitely recover. TheTourAttraction.com look forward to your attention and support, and witness the development of the global tourism industry with us. Looking forward to the information TheTourAttraction.com provide can help you. We will continue to follow up and obtain the latest data, and look forward to your attention and support.

The following is the [Travel News]: Legoland Shanghai Resort to begin construction from [China Daily] recommended by TheTourAttraction.com:

The USD 550 million resort is set to become one of the world’s largest Legoland resorts upon completion.

Legoland Shanghai Resort, which is located in the southwestern outskirt of Shanghai, will commence construction later this year before opening its doors to visitors in early 2024, according to the company’s plan.

The new Legoland will integrate the local culture of Shanghai and the Yangtze River Delta Region with world renowned designs and technologies. The USD 550 million resort is set to become one of the world’s largest Legoland resorts upon completion, according to Lego’s previous announcement.

On Nov 6, Jinshan City Investment Co Ltd, which serves as the investment and financing platform of the Jinshan district government, signed agreements with UK’s Merlin Entertainment Group, Danish toy production company Lego Group and China’s leading entertainment group CMC Inc to set up a joint venture that would be in charge of the resort’s investment and construction.

The joint venture of the Legoland Shanghai Resort project passed the anti-monopoly review by the State Administration for Market Regulation before the Chinese New Year holiday, which was around 45 days ahead of the original plan. The joint venture’s registration capital and its first foreign investment amount were paid on the first workday of the Year of the Ox.

The local government of Jinshan district said it will help accelerate the development and construction of the area around the resort, especially the transportation and public facilities. Efforts will also be made to introduce high-end hotel brands and parent-child themed hotels. Health, culture, innovation, education, business and high-end residential projects will also be introduced in the future.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button