Update Spanish Press Paramount Starting February 2012

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07 Jul 2011 12:00 AM by arnoldnedith Star rating. 57 forum posts Send private message

This was in La Verdad spanish newspaper today.

 

The roadmap of the Paramount theme park is being fulfilled, according to the regional government, which expects to start construction in February on the grounds of Alhama de Murcia. Previously, however, the processing must be completed by the City urban and region. Sources of the joint venture flagship of Murcia, who chairs Jesus Samper, estimate an initial investment of 300 million euros will be sufficient to undertake the work and have completed the enclosure of the park. The rest, up to 1,000 million euros earmarked, will be completed in phases and have to do with shopping and hotels will be located inside and outside the park and assume the cost of which companies to join the project.

The promoters believe that the development of the work will be fast and expected to be completed in 2014, a year ahead of schedule to coincide with the arrival in Murcia AVE. The performance will take place on 108 hectares of land, of which 37 correspond to the park. Society will have the definitive study in September and start the 'road show' to attract investors in London, New York, Shanghai and the UAE, among others, according to Jesus Samper.
There are investment funds and business groups that are already interested in this project. Earlier this year there was a meeting in Madrid led by staff of the Embassy of China.
A Russian tycoon
It also came days before a visit to Russian billionaire Oleg Murcia del Boyko, which is one of the greatest fortunes in Eastern Europe, which controls a wide chain of casinos and gambling halls. Boyko made a surprise visit to personally know the plans of Alhama de Murcia.
The regional government is convinced that this project would have been impossible in the Region of Murcia without the new airport, located 15 minutes away and able to move more than 3 million visitors a year, which are the calculations that drive flagship projects. "The first thing to make the consultants and staff of the Paramount when it comes to the region is to visit the works of the new airport," they comment. The Executive believes that Valcárcel San Javier facilities would remain small for the expected traffic, although the airport can serve more than three million users a year, according to Aena.
Last month, a technical consulting firm specializing in theme parks traveled to the region to verify the feasibility of the project. The company was proposed by Paramount executives to outline the definitive study of the theme park.



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