The Ministry of Investment of Saudi Arabia and Haichang Ocean Park have signed a Memorandum of Understanding (MoU) to develop the first large-scale ocean park in the Kingdom of Saudi Arabia (KSA).
According to the MOU, Haichang plans to leverage its diverse expertise and experience to develop various forms of location-based entertainment venues among KSA’s cities – family entertainment centre, water park, IP themed park, zoo and safari park – to attract global and local visitors and drive the long term, sustainable growth of the tourism sector.
In addition, the development of the new ocean parks and resorts is expected to create numerous job opportunities, stimulate local businesses, and contribute to the overall economic development of the region.
Haichang’s executive director, Qu Cheng, said: “The first world-class ocean park… will also serve as an educational platform to promote awareness and importance of ocean conservation. We believe the families of Saudi Arabia and the Middle East will appreciate our unique offering, and we look forward to bringing this world-class experience to the KSA.”
To achieve its growth strategies, Haichang is working closely with local partners and stakeholders, including the Ministry of Investment and General Entertainment Authority, to identify the right sites for its intended huge projects.
