Iskandar Malaysia to Become Malaysia’s Theme Park Hub

JOHOR BARU: According to State Tourism, Trade and Consumerism committee chairman Datuk Tee Siew Kiong, Iskandar Malaysia is poised to become a regional theme park hub in Malaysia and has a few upcoming theme park developments in the pipeline.

Within the next three to five years, the corridor will have a total of eight theme parks. At the moment, discussions are going on between the relevant authorities and the theme park operators who are planning to set up their theme parks here.

“It is common for the authorities and theme park operators to have discussions before finalizing the investment,” said Tee.

The ongoing discussion involves Iskandar Regional Development Authority (Irda) with theme park operators from Australia, Indonesia, Japan, Europe and North America, regarding their investment in Iskandar Malaysia.

These theme parks will be developed between 20.33ha and 40.46ha, and can be either indoor or outdoor theme parks. One of the proposed theme parks is an indoor IT-based theme park, which is preferred by IT-savvy youths and gamers. Japan houses a similar theme park, which is popular among youths.

The investment for these theme parks can range between RM500 million to RM1 billion, depending on the size of the development. These upcoming parks will cater to all walks of life, from children to adults.

Currently, Iskandar Malaysia houses Legoland Malaysia Theme Park, the Hello Kitty Indoor Theme Park @ Puteri Harbour, the Angry Birds @ JBCC and the Mount Austin water theme park.

Source: Property Guru