Dalian Wanda plans to invest 30 billion to build the world's largest film studio

Source: Internet
Author: User
The Wall Street Journal reported in Monday that Jianlin, China's richest man and chairman of Dalian Wanda Group Co., plans to build a film studio with an investment of 30 billion yuan (4.9 billion U.S. dollars) and pledged to build it into the world's largest film studio. Financial profit treasure, 1000% increase in demand savings rates according to a report, Dalian Wanda said in a Sunday announcement that the project, known as the "Oriental Shadow City of Qingdao", was scheduled to open in 2014 in the eastern Chinese port of Qingdao, including 10000 square meters of film studios and 19 smaller facilities,  A theme park will also be built, similar to Universal Studios ' theme park, which operates in Miami. reported that Jianlin in recent years has been increasing international visibility, in 2012, Dalian Wanda announced the purchase of 2.6 billion U.S. dollars for the United States chain cinema AMC Entertainment Holdings Inc. last month, the company completed the acquisition of British yacht manufacturers Sunseeker International Ltd. 's deal. This summer he also announced plans to invest a total of 700 million pounds (1.09 billion US dollars) in a luxury hotel and property project in London, and a hotel project in New York later this year.

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