On December 24, the ground-breaking ceremony was held in Langqi for another major tourism project on this burgeoning seaside resort island off the coast of Mawei. The project is to comprise three Six Flags Parks –
- Six Flags Theme Park
- Six Flags Hurricane Harbor
- Six Flags Adventure Park
Six Flags Entertainment Corporation NYSE: SIX) is the world’s largest regional theme park company and is in an exclusive partnership with China’s Riverside Investment Group to develop Six Flags branded theme parks in mainland China. Earlier last month, Fuzhou Municipal Government signed cooperation agreement with Riverside Investment Group on the 59 billion yuan worth project. CDB Capital, a Chinese national bank owned financial institute was also involved in the contract as an investor. Mengjun You, the mayor of Fuzhou, and Zhe Li, Chairman of Riverside Investment Group participated in the ground breaking ceremony along with other government officials and cooperation representatives today. The new properties are expected to open in 2022/2023.
According to relevant source, Six Flags Fuzhou @ Langqi will be the fourth comprehensive establishment in the Six Flags lineup in mainland China. There will be one additional Six Flags property scheduled to open to the public each year in the following three years, as in Six Flags Zhejiang (at Haiyan) in 2019, Six Flags Chongqing (at Bishan) in 2020 and Six Flags Nanjing in 2021.
Langqi is an island township administered by the Mawei District of Fuzhou, and is home to 70,000 residents as of 2018. Langqi Island sits off the coast of Mawei and is about 46 km away from downtown Fuzhou. Haixi Real Estate News reveals the Six Flags complex is only part of the redevelopment plan on the island. The ground breaking ceremony also indicates the start of construction of a sea-front resort village (Wangjiang Resort), Flower Ocean Greens, Mokumoku and Fico recreational eco-farms and several high-end hotels including a Paramount Hotel.