Najibi Group to construct $297M theme park in Australia

WCN Editorial Team 6 Jul 2016 OCEANIA BUILDINGS

Dubai-based Najibi Group has announced an AUD400M ($297M) ‘active lifestyle’ theme park in Australia.


The development will include a ‘Wave Reservoir’, waterpark and extreme water sports facilities, an Olympic standard training centre, a 4-star hotel, a conference and exhibition centre, restaurants and retail outlets.

Najibi’s executive chairman Talal Najibi said: "This project marks a major milestone in Najibi's strategy to diversify its interests and investments.

"We feel this is the right time to invest in Australia. The Sunshine Coast, Queensland is rife with opportunities, and we are confident that this project will be extremely successful."

Construction on the project is scheduled to commence in 2017, and will create 2,000 direct and indirect jobs during its construction period.

* For more information on the Australia construction market, visit the Construction Intelligence Center Report Store.

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