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Thursday, March 01, 2018 - Dubai

Australian Theme Park Developer Eyes UAE Waters

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Sanad capital 2018 3 1 gulf news pg5

One of the beachfronts in the UAE could be host to a mega-scale water theme park if an Australian company has its way.

“The UAE’s leisure and entertainment industry is forecast to reach 45 million visitors a year by 2021 … and we are very interested in participating in this growth,” said Bradley Sutherland, CEO of Actventure, which is currently developing a Dh1.2 billion resort on the Sunshine Coast in Queensland, Australia. “We convened our advisory board meeting in Dubai to discuss potential locations and partners for a UAE roll-out. Other global sites are (also) being considered.”

Incidentally, Actventure is part of Sanad Capital, itself is the real estate arm of Dubai-based Najibi Investments. It was in 2016 that Sanad confirmed plans for its water theme park in Australia. Sanad’s shareholders include Talal Najibi and David Baird, apart from Bradley Sutherland.

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