[ Sanshui New Town, Guangdong province, CHINA ]
Elite Global Group in cooperation with Sanshui New Town Management Committee are moving forward with development of a Nickelodeon theme park, under license agreement with Viacom International Media Networks.
The Nickelodeon Cultural Resort encompasses 250 acres, located at Sanshui New Town near the city of Foshan. Nickelodeon branded characters include SpongeBob SquarePants, Dora the Explorer and the Teenage Mutant Ninja Turtles. The Nickelodeon theme park was budgeted at USD $1.85 billion when first announced in 2015.
The Nickelodeon theme park is part of the 750-acre Foshan Cultural and Ecological Coastal Project, which is located just 75 miles northwest of Hong Kong SAR.
Sanshui New Town Management Committee represents the business interests of Sanshui New Town. Sanshui is an urban district within the greater Foshan metro area.
Elite Global Group operates from Hong Kong, with interests in China.
For Viacom’s Nickelodeon, it is the first such licensed standalone theme park in China. Viacom’s other media and entertainment interests include Paramount, which can benefit from the Viacom-affiliated companies operating in China.