China’s biggest property developer Dalian Wanda Group Co plans to build a theme park on the Gold Coast.
"Wanda wants to set up a theme park on the Gold Coast, but the project is still under negotiations with the local government," said Xie Hong, Wanda’s general manager.
"Wanda in Australia has already acquired the biggest cinema company in the country and theme parks are one of the things Wanda wants to invest in the ¬future,"
China is the biggest overseas market for inbound tourism in the region coast and was up 13% last year, according to Miles Roper, CEO of the Gold Coast Tourism Bureau.
Wanda also helped fund the introduction of direct flights by Jetstar from Wuhan to the Gold Coast.
"Now that we have entered the Gold Coast market with direct flights we are planning to increase our offerings," add Xi.
The company also paid $1 billion for the Jewel apartment and hotel project in Surfers Paradise.
