UMLand is in talk with an Japanese company to form a joint venture to build an digital entertainment and education theme park at the Iskandar Malaysia in 2017.
The digital theme park gross development value is expected to cost between RM57 million to RM93 million. It is entering last phase of negotiation to finalise the collaboration.
According to the source from UMLand, the project is the collaboration with a Japanese company which is famous in the digital theme park and it has been operating three such theme parks alike, two in Japan and one at the United Arab Emirates (UAE).
UMLand has been authorised to build and manage the digital entertainment and education theme park which will follow the concept and operation like digital theme park in Japan.
"If the collaboration is confirmed and realised, it will be the third theme park at the Iskandar Malaysia and become the new attraction after Hello Kitty theme park and Legoland theme park," said the insider.
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