Investment into Theme Parks in Malaysia

According to the Global Industry Analysts Incorporated market report, the amusement park and theme park market worldwide will generate revenues of USD 32 billion by 2017. Tunku Dato’ Ahmad Burhanuddin talks investment into the theme parks in Malaysia.

He says, “The outlook is very bright. There has been a lot of interest, not just from investors, but also from consultants, suppliers etc. There have been announcements by other Malaysian companies about building theme parks. Some people refer to us ‘the Orlando of the Southeast’. It is important to have a significant number of parks for people to visit. People won’t travel here for one theme park. There must be a variety. And then they will come back again. But they must also have the option of doing other things as well. While our focus up to now has been younger children, we are also looking at older children, teenagers and even adults. We need to examine other segments of tourism also. We must also work in tandem with other neighboring countries, like companies in Singapore, Indonesia and Thailand to bring more people into this region. That cooperation has worked very well. However, we are way behind in comparison to the USA or Europe. There is a lot of potential for growth.”

Full Interview Available – Tourism Industry in Malaysia: Plan to Bring 36 Million Tourist is Realistic