Six Flags to invest $613m to set up a theme park in Iskandar Malaysia

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US-based theme park operator Six Flags Entertainment Corp is planning to invest between 1.2 billion ringgit (S$490 million) and 1.5 billion ringgit to set up a theme park in Iskandar Malaysia.

Sources told StarBiz that the theme park, which will be double the size of Legoland Malaysia and the company's first theme park in Asia, would offer more than 40 rides.

According to Wikipedia, Six Flags Entertainment is the world's largest amusement part corporation based on quantity of properties and the fifth most popular in terms of attendance.

The company maintains 19 properties throughout North America consisting of theme parks, thrills parks, water theme parks and family entertainment centres.

Iskandar Invesment Bhd (IIB) president and chief executive officer Syed Mohamed Syed Ibrahim said this would be the third theme park in Iskandar Malaysia. He added that an announcement would be made within the next six months on the matter.

The other two theme parks are Legoland Malaysia and Puteri Harbour Family Theme Park.