Time: April 5, 2018
Manama: Saudi Arabia’s Public Investment Fund (PIF) and Six Flags Entertainment Corporation, the world’s largest regional theme park company have announced plans to develop a Six Flags-branded theme park in the outskirts of the Saudi capital Riyadh.
“Six Flags has entered into an arrangement with the PIF to develop, design and license the Six Flags brand for Qiddiya, Saudi Arabia’s first entertainment, sports and cultural destination expected to open in 2022,” the company said in a statement.
The company that has been operating for almost six decades boasts of world-class coasters, themed rides and thrilling waterparks.
“Innovation is synonymous with the Six Flags brand, and our international licensing business provides a unique opportunity to continue our strong global growth,” David McKillips, President of Six Flags International Development Company, said. “We see great potential in the Saudi Arabian market and look forward to collaborating with the PIF to create a world-class entertainment destination for Saudi Arabia’s young and dynamic population.”
Located 40km from downtown Riyadh, Qiddiya will provide “unprecedented” leisure option for millions of visitors, the statement promised.