Plans are being drawn up for a $1bn leisure city in the Bahrain to rival Disneyland.
The development is ideally going to be on a similar size and scale to Disneyland, with various ideas still being considered.
A source close to the project says that financial backing is being pursued and a leisure developer is being approached to take the project forward.
It is hoped the development will capitalise on the spare land available in the kingdom, stimulate higher land prices, and encourage more tourism to the kingdom.
The kingdom's $1.5bn Bahrain Bay project is another key development located off the north-east coast of the capital. It will combine commercial, residential and retail with a hotel at its centre.
Last Updated: 22 February 2008 10:42
Author: Christopher Sell.
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