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Old December 17th, 2011, 06:50 PM   #1
yosef
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ADDIS ABABA (CMC) | Theme Park & Recreation | Proposed


96.5 Million Birr Theme Park

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Thursday, 15 December 2011 10:32
By a STAFF REPORTER
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Expected to be the largest of its kind a park and Family Recreation center is to be developed with 96.5 million birr capital in the Cmc Samit Area. The 4400sqm plot of land is the newest project of Triway Capital Service Share Company a firm which is active in the educational sector. The 4400sqm plot of land is the newest project of True Way Capital Service Share Company a firm which is active in the educational sector.

The Reporter spoke with managing director of the firm Bekele Eshete, and he made it known that True way Capital Services Share Company development began on this Sunday and is projected to end on June 7th 2012. The theme park is to feature amusement rides, water based rides, a zoo and a modern cinema would be amongst the many attractions of this recreational and family oriented venue, according to True way's managing director.

read the rest @ Reporter
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Old December 17th, 2011, 07:19 PM   #2
Yoniii
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There's not a single theme park in this 4 million city, this is probably the safest investment in a long time. The only risk I see is the lack of a steady power supply, relying on backup generators for an entire theme park (even a small one) must be extremely expensive.
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Old December 17th, 2011, 07:39 PM   #3
abesha
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How will it be different from the amusement parks that already exist?

Of the top of my head I recall Bora Amusement Park and some other one whose name I forget (Sabena or something like that).

But yeah, with a growing middle class, this kinds of places are going to find good business.
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Old December 17th, 2011, 07:53 PM   #4
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I had never heard of Bora before, but after checking it out on Google maps, it kinda looks like a big playground with some simple rides for younger kids. I might be wrong though?

The plot they've received for this theme park is also 4 times the size of Bora's. With water rides, cinema, zoo, etc, I'm expecting something more "serious".
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Old December 17th, 2011, 08:07 PM   #5
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I've never actually been there, but I think you are right.

Sounds like a good development
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