Thursday, April 15, 2021

20th Century Fox Considering Guangdong Province For First Chinese Park

ABOVE: Jeffrey Godsick, on right, at signing ceremony for 20th Century Fox World park in Malaysia

Hong Kong (January 26, 2016) — In an interview with ejinsight, Jeffrey Godsick, President of Twentieth Century Fox Consumer Products, explained why his company is eyeing Guangdong province, where Chimelong currently operates two large theme park resorts with a third under construction, for its first Chinese theme park project.

“There is certainly an opportunity in China, where we can build a mega theme park that could attract more than 10 million people a year.

“Macau does not have the land base for a theme park while Hong Kong has a lot of saturation with Disneyland and Ocean Park. In terms of catchment, there are a lot of opportunities in Guangdong cities such as Zhuhai and Guangzhou. The decision will be less about Hong Kong but more about Guangdong province, which is not saturated.

“China is the only place in the world that has a giant catchment of 50 million people living in a 3-hour drive or trainway. We are looking at a number of opportunities there.”

FULL ARTICLE HERE

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