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Saturday, November 28 - 2009

Hamdan bin Mohammed launches 'Universal City Dubailand' project at AED 8 billion

  • United Arab Emirates: Monday, April 30 - 2007 at 15:43
  • PRESS RELEASE

Under the directive of His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Chairman of the Dubai Executive Council, today launched the 'Universal City Dubailand', developed by Tatweer, a 22 million sq ft development within Dubailand with an investment to exceed AED 8 billion.

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The centrepiece of the development Universal Studios Dubailand, a specialized theme park, will be amongst the world's largest theme parks covering an area of 6.5 million sq ft. The city will also include hotels, retail outlets, commercial offices and residential compounds.

Saeed Al Muntafiq, Executive Chairman of Tatweer, said: "There is no doubt that the new project will contribute to highlighting Dubai as a global tourist destination, providing the tourism sector - one of Dubai's most active sectors - with a strong drive to further diversify the economy."

He added: "Universal City Dubailand's unique offering is in its diverse components which will attract visitors from around the world, including the Asian sub continent, central and east Europe and South Africa."

Moreover, 'Universal Studios Dubailand' will blur the line between fact and fiction and be the place where visitors can relive stories once reserved for the silver screen. Scenes from the biggest names in filmmaking history such as 'Jurassic Park' and the motion picture 'King Kong' amongst many others will be transformed into adventures with the completion of the project, which will contain four zones including Hollywood zone, Metropolis zone, and Adventure zone.

Thomas L. Williams, Chairman and CEO of Universal Parks & Resorts, said: "The vision of the leadership of Dubai, the investor-supportive environment and the convenient geographic location of Dubailand, combined with other strategic and iconic offerings, all contribute in making Dubai our location of choice for our first branded theme park in this region."

Universal City Dubailand consists of more than 4000 luxurious hotel rooms, 100 restaurants, alongside a range of retail outlets. It will also include an integrated area of commercial office space as well as a distinguished residential area in the heart of the action.

Universal Studios is a globally respected and internationally renowned theme park brand. With three-time Academy Award winner, Steven Spielberg as creative consultant, its theme parks are known for some of most thrilling and technologically advanced "ride-the-movies", motion picture and television show-based attractions.

Universal operates theme parks in Los Angeles, Florida, Japan and has licensing agreements with existing parks in development in Singapore. Universal Parks & Resorts worldwide enjoys more than 46 million guests annually to its theme parks, hotel facilities and CityWalk entertainment centres.

Al Muntafiq added that the Universal Studios Dubailand will be one of four similar family entertainment destinations around the world. Universal Studios Dubailand will be in addition to the other 'Universal Studios' in Los Angeles, Orlando and Japan.
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Notes and media contacts

About Tatweer:
Launched in December 2005 Tatweer is one the region's most promising enterprises and a Member of Dubai Holding. It owns nine market-leading companies and managing an ambitious business development plan.

Its current portfolio is divided into Energy & Healthcare, Tourism & Entertainment, Industry & Knowledge. Its entities are Dubai Healthcare City, the region's hub for world-class quality healthcare services; Mizin, one of the most advanced real estate companies in the region; "The Tiger Woods - Dubai" an exclusive golf community that will include a Tiger Woods designed Golf Course; Dubailand, one of the biggest leisure, entertainment and tourism destinations in the Middle East region; Dubai Industrial City, an industrial township to develop Dubai as a leading manufacturing hub; Bawadi, the world's leading hospitality and entertainment project bringing 31 hotels and more than 29,000 hotel rooms; Dubai Energy, investing in regional and global energy opportunities and building a diversified investment portfolio; Dubai Mercantile Exchange, the first commodity futures exchange in the Middle East; Global Village, which brings together 160 different countries showcasing myriad cultures; and Moutamarat, the first Arab initiative organizing research-based conferences and exhibitions.

A Member of Dubai Holding, Tatweer and its entities will continue to consolidate a group of life-improving industries. In addition, it has pioneered the market with joint venture initiatives with leading companies such as the New York Mercantile Exchange or the Saudi Research and Publishing Company.

Tatweer will continuously strive for world-class performance implementing leadership development to drive and sustain business excellence, quality and high performance.

For Further Information:
Agency:
Tarek Sakik
Senior Account Manager
Jiwin the Public Relations Arm
Of Dubai Press Club
Phone: +971-4-3613593

About Universal Parks & Resorts:
Universal Parks & Resorts (UPR), a unit of General Electric's (GE) NBC Universal, encompasses today's most relevant and popular entertainment experiences, creating emotional connections with guests around the world. Each year, millions of guests visit UPR theme parks to experience thrilling, world-famous attractions that use ground -breaking technology and cannot be found anywhere else.

NBC Universal wholly owns Universal Studios Hollywood, which includes Universal CityWalk. In addition, the company has significant interests in Universal Orlando, a world-class destination resort featuring two parks (Universal Studios Florida and Universal's Islands of Adventure), three premier hotels, and CityWalk, the 30 acre nighttime entertainment complex; and licensing agreements with Universal Studios Japan in Osaka, Port Aventura near Barcelona, Spain and Universal Studios Singapore in Resorts World at Sentosa (currently in development).

NBC Universal is one of the world's leading media and entertainment companies in the development, production, and marketing of entertainment, news and information to a global audience. Formed in May 2004 through the combining of NBC and Vivendi Universal Entertainment, NBC Universal owns and operates, a valuable portfolio of news and entertainment networks, a premier motion picture company, significant television production operations, a leading television stations group and world-renowned theme parks. NBC Universal is 80%-owned by General Electric, with 20% controlled by Vivendi.

For Further Information:
Jim Canfield
Tel: 1-407-721-4606

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