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Tatweer reveals Marvel theme park deal

Tatweer has announced a landmark deal
with US-based Marvel Entertainment, the creators of such
globally renowned Super Heroes as Spider-Man, The X-Men, Iron Man, the
Fantastic Four and The Incredible Hulk, to develop the region’s first Super
Heroes theme park at the world’s largest leisure, tourism and entertainment
destination.
Allocated within DUBAILAND, the Marvel Super Heroes theme park will
be one of its key anchor projects. The design and conceptual master plan of
this 4.5 million sq ft development has recently been finalized. The park,
expected to welcome visitors in 2012, will provide families an ultimate
destination with new and exciting rides that will enable them to re-live
their childhood and interact with their beloved Super Hero characters.

  Initiated by Tatweer, the Marvel Super Heroes theme park will further
enhance and diversify the region’s entertainment offerings, and spotlight
Dubai’s status as one of the world’s most attractive tourism destinations.

  Saeed Al Muntafiq, Executive Chairman, Tatweer, said: “We are delighted
to welcome Marvel as our latest member in the distinctive DUBAILAND
portfolio. We are confident this landmark partnership will add further
value to the exciting world-class offerings of DUBAILAND.”

  David Maisel, Executive Vice President of Marvel Entertainment and
Chairman, Marvel Studios, said: “We are privileged to be a part of the
DUBAILAND Destination, a unique entertainment experience that captures
the world’s best creative concepts. The launch of the Marvel Super Heroes
theme park in Dubai will mark our entry into a region that promises
tremendous growth potential for our brands.”

  Originally announced last year as a partnership between the Al Ahli
group and Marvel Entertainment, Tatweer has now stepped in to oversee and
take the development forward, and strategically manage its theme park
portfolio.

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  Maisel added: “We are truly thankful to Al Ahli Group who was
instrumental in starting the negotiations to bring the Marvel Super Heroes
theme park concept to Dubai. The decision to move over to Tatweer’s
DUBAILAND is a strategic move aimed at positioning Marvel Super Heroes
theme park in the world’s most diverse leisure and entertainment
destination.”

  The three billion sq feet Dubailand, a member of Tatweer, comprises
projects that include DreamWorks Animation Park, Six Flags, HIT
Entertainment, Universal Studios Dubailand, Global Village, and several
projects including Dubai Sports City, Motor City, Dubai Outlet Mall, Al
Sahra Desert Resort, Al Barari, The Polo and Equestrian Club, City of
Arabia, Legends, Dubai Wheel and Falcon City of Wonders.
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