DUBAI: Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed Bin Rashid Al Maktoum, said on Wednesday that the private sector is a key partner to the public sector in the UAE’s economic development growth and in the country’s ambitious vision for comprehensive development.
Sheikh Mohammed made the remarks while visiting the IMG Worlds of Adventure, the world’s largest indoor theme park, which opened on Wednesday in Dubai.
Sheikh Mohammed further said that the partnership between the public and private sectors has had an impact on all of the state’s development phases since its inception, and continues to have a unique impact on the economic landscape of the country. He said the strong role played by the private sector and its high-quality projects have created significant value for the UAE.
Hundreds of visitors on Wednesday thronged the IMG Worlds of Adventure indoor theme park as the facility opened its doors to the public, with Dubai marking yet another world’s first in the entertainment industry.
The newly opened Park can be compared to the likes of Disneyland and is expected to be a crowd puller, as all the entertainments are based indoors in a temperature controlled atmosphere.
The park is located close to Global Village and around the vicinity of “City of Arabia.”
Explaining the features of each zone, to The Gulf Today, IMG Worlds of Adventure CEO Lennard Francois Otto said that it accommodates 22 different rides, 25 retail stores, and 28 food and beverage outlets and has cost an estimated investment of $1 billion.
The Dhs3.7 billion IMG Worlds of Adventure is wholly owned by the Ilyas & Mustafa Galadari Group, and stretches over an area of 1.5 million square feet, making it the largest indoor theme park in the world.