China is getting more Six Flags branded entertainment parks as it is expanding its market in Asia.
Texas-based theme park operator Six Flags Entertainment has announced its plans to add three branded parks — theme, water, and adventure — to Nanjing in East China with development partner Riverside Investment Group.
These entertainment parks are multi-million dollar entertainment complex that will open its first phase in 2021.
The theme and water parks will include roller coasters, rides, slides, live performances, shopping, dining, and elaborately themed sections celebrating time-honored Chinese and American traditions.
At the adventure park, motocross bicycle races, whitewater rafting, zip lining, and rock climbing will be available.
Six Flags did not address China’s reported plan to more strictly regulate theme park development, as reported by several media publications earlier this month.
The operator and development partner already have seven parks in the pipeline in China. The local developers as well as larger North American operators including Disney and Universal have also been building parks to cater to China’s growing middle class.
Six Flags finally confirmed a deal for a theme park to open in Saudi Arabia in 2022. The company, which has 20 parks in North America, sees international growth with partners as a key revenue generator.
The company cited new international licensing agreements as one of the reasons executives expect to deliver record financial performance in 2018. Six Flags released first-quarter earnings Tuesday afternoon, reporting that revenue increased 30 percent to $129 million.
