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Macau Theme Park Planned

9 November 2004

MACAU – As reported by the China Standard: "Cruise ship operator Macau Success has teamed up with casino tycoon Stanley Ho's Sociedade de Jogos de Macau (SJM) to build a HK$1.2 billion (US$154.4 million) theme park in Macau's Inner Harbour area.

"The park, Ponte 16, will be built on a 23,066-square-metre site with potential gross floor area of 63,584 sqm.

"It will feature a 250-room hotel, a casino with more than 100 gambling tables to be run by SJM, a 25,833 sqm shopping arcade, a cultural space and car parks. Construction is expected to begin next year and be completed by the end of 2006.

"Macau Success will boost its stake in a joint-venture property development company to 24.5 per cent from 10 per cent and set aside about HK$300 million for Ponte 16, executive director Marco Lee said…"

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