Bali might soon boast Southeast Asia's biggest theme park.
Paramount Pictures is reported to have entered into an agreement with Indonesian company Kios Ria Kreasi to build the attraction in Bali's Jembrana regency.
Both parties signed the agreement last week during a virtual event, which was broadcasted and attended by Indonesian officials including Tourism and Creative Economy Minister Sandiaga Uno and Bali Governor Wayan Koster.
The theme park is set to soft launch in 2025 and attract up to five million visitors annually. This development is expected to boost Bali’s post-pandemic economy.
The People’s Consultative Assembly in Indonesia has issued a statement on the upcoming theme park, although Paramount Pictures has yet to issue a statement regarding the development.
Elsewhere in Asia, a Paramount theme park set to come up as part Mohegan Gaming & Entertainment’s Inspire Korea project in Incheon has been delayed due to the pandemic, according to a report by Inside Asia Gaming.