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Great Adventures Amusement Park & Resort to open in 2012


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http://thecdsgroup.com/assets/pressrelease.pdf

 

The CDS Group signed in May 2009, a Memorandum of Understanding with Great Adventures Amusement Park and Resorts Limited to design and build a $80 million amusement park on over 200 acres of land provided by the Enugu State Government, Nigeria.

The CDS Group completed the Conceptual Master Plan in August 2009. The strategic Master Plan utilized a holistic approach to develop the targeted area in multi-faceted activity groupings that will spur tourist attractions and provide visitors with everlasting memories.

 

Financing for the equipment will be arranged through the Ex-Im Bank’s new $300 million credit facility for Nigeria. Diamond Capital, a subsidiary of Diamond Bank, Nigeria has expressed interest in providing the local bank guarantee.

 

Chance Morgan will be the exclusive amusement park major equipment provider to the team. ProSlide will be the exclusive water ride manufacturer for the project.

 

Construction is expected to start early 2010 and be completed by December 2012.

 

It is certainly interesting to see such established companies gain exclusivity over a project like this. I hope that this concept gets farther than most of those in Dubai, as it looks like it has potential.

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