{"id":113369,"date":"2021-04-08T14:54:01","date_gmt":"2021-04-08T21:54:01","guid":{"rendered":"http:\/\/www.lankaweb.com\/news\/items\/?p=113369"},"modified":"2021-04-08T14:54:01","modified_gmt":"2021-04-08T21:54:01","slug":"sri-lanka-will-build-south-asias-first-disneyland","status":"publish","type":"post","link":"https:\/\/www.lankaweb.com\/news\/items\/2021\/04\/08\/sri-lanka-will-build-south-asias-first-disneyland\/","title":{"rendered":"Sri Lanka will build South Asia\u2019s first Disneyland"},"content":{"rendered":"

Courtesy NewsIn.Asia<\/em><\/span><\/h2>\n\n\n
\"Disneyland.<\/figure>\n\n\n\n

Colombo, April 8 (Daily News) \u2013 Sri Lanka will build South Asia\u2019s first Disneyland in the proposed Bopitiya leisure Park which will be created by Korea Cavitation Co. a company with Investments from Malaysia and Korea.<\/p>\n\n\n\n

President of Korea Cavitation Co. Baekgeum Kim and the representative of Sri Lanka Dr. Parimala Rajo Isa Michael said that they are negotiating with the government to obtain a 150 acre land on a lease basis for this project.<\/p>\n\n\n\n

We hope to raise around USD 400 million to construct this project through international funding mainly from Korea and Malaysia and we had successes in obtaining around 30% from this prior to the COVID-19 pandemic. With the Sri Lankan improving of C-19 health management, decreasing number of patients and the vaccinating process happening we see bigger opportunities to attract more investors to this project even from other countries like India.<\/p>\n\n\n\n

He said the proposed park will be similar to Genting Highlands in Malaysia and they also hope to have a special rail link to it. In addition we will have several other leisure attractions attached to it.<\/p>\n\n\n\n

When the C-19 pandemic settles we see demand especially from India and other neighboring countries since this will be the only Disneyland operating in the region.<\/p>\n\n\n\n

In a bid to accommodate travelers we will also have a 300 room hotel which we will lease out to an international operator to manage.\u201d<\/p>\n\n\n\n

Our company, based in Sri Lanka, is a firm that specializes in structuring Turn-Key projects and mega projects including a range of PPP models in emerging countries with focus on Asia Pacific. We will use the technical know-how and equipment from our well-established South Korean and Malaysian companies with the most cutting edge technologies for the park.\u201d<\/p>\n\n\n\n

Join NewsIn.Asia\u2019s WhatsApp group for the latest news updates<\/strong> \u2013 click here<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Courtesy NewsIn.Asia Colombo, April 8 (Daily News) \u2013 Sri Lanka will build South Asia\u2019s first Disneyland in the proposed Bopitiya leisure Park which will be created by Korea Cavitation Co. a company with Investments from Malaysia and Korea. President of Korea Cavitation Co. Baekgeum Kim and the representative of Sri Lanka Dr. Parimala Rajo Isa […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":true,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-113369","post","type-post","status-publish","format-standard","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts\/113369","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/comments?post=113369"}],"version-history":[{"count":0,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts\/113369\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/media?parent=113369"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/categories?post=113369"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/tags?post=113369"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}