{"id":7209,"date":"2021-11-30T13:34:48","date_gmt":"2021-11-30T13:34:48","guid":{"rendered":"https:\/\/dmklawyers.com\/?p=7209"},"modified":"2022-05-17T13:41:37","modified_gmt":"2022-05-17T13:41:37","slug":"theme-park-and-two-more-hotels-in-punta-cana-to-be-built-with-an-investment-of-us350-million","status":"publish","type":"post","link":"https:\/\/dmklawyers.com\/en\/theme-park-and-two-more-hotels-in-punta-cana-to-be-built-with-an-investment-of-us350-million\/","title":{"rendered":"Theme Park and two more hotels in Punta Cana to be built with an investment of US$350 million"},"content":{"rendered":"\n<p>The construction of a state-of-the-art theme park and two hotels in Punta Cana was announced today,<strong>&nbsp;<\/strong>With an investment of&nbsp;US$&nbsp;350 million. The announcement was made by President&nbsp;Luis&nbsp;Abinader,&nbsp;together with the Minister of Tourism, David&nbsp;Collado,&nbsp;and business&nbsp;executives from&nbsp;Meli\u00e1&nbsp;Hotels International and Falcon&#8217;s.&nbsp;<\/p>\n\n\n\n<p>Abinader&nbsp;also highlighted&nbsp;that this investment&nbsp;will create&nbsp;more than&nbsp;direct&nbsp;600 jobs&nbsp;in&nbsp;the theme park&nbsp;alone&nbsp;and twice&nbsp;that many indirectly.&nbsp;<\/p>\n\n\n\n<p>The&nbsp;Head of State&nbsp;also said that many investors from various fields want to invest in the country because their investments&nbsp;are guaranteed.&nbsp;<\/p>\n\n\n\n<p>The&nbsp;Minister of&nbsp;Tourism said that the theme park will&nbsp;see&nbsp;an investment of&nbsp;US$&nbsp;170 million, which will open the doors to the diversity of the eastern region, which is the spearhead in the Dominican Republic.&nbsp;<\/p>\n\n\n\n<p>Collado&nbsp;said that&nbsp;US$&nbsp;180 million will be invested in the hotels and&nbsp;RD$&nbsp;50 million in renovating&nbsp;their rooms.&nbsp;<\/p>\n\n\n\n<p>Katmandu Park a world of adventure&nbsp;<\/p>\n\n\n\n<p>The park&nbsp;will be called Katmandu Park&nbsp;and will&nbsp;opening its doors in the fall of 2022, along with other projects that will consolidate the destination&#8217;s leadership in entertainment, gastronomy, and shopping tourism.&nbsp;<\/p>\n\n\n\n<p>The&nbsp;project was announced by Meli\u00e1 Hotels International and Falcon&#8217;s Beyond Global&nbsp;while&nbsp;also&nbsp;revealing&nbsp;exhaustive plans&nbsp;to renovate and improve&nbsp;their Paradisus hotels in Punta Cana.&nbsp;<\/p>\n\n\n\n<p>Falcon&#8217;s&nbsp;Beyond&#8217;s&nbsp;plan for this new entertainment destination&nbsp;will go ahead&nbsp;in two phases, one includes the development of Katmandu Park Punta Cana, which will&nbsp;feature&nbsp;the characters and magical history of Kathmandu, a place of great children&#8217;s motivation in Europe.&nbsp;<\/p>\n\n\n\n<p>The &#8220;Kathmandu Experience&#8221;, which will include legendary attractions to the latest entertainment innovations, such as the world&#8217;s first Suspended Theater, will also offer exciting adventures&nbsp;where&nbsp;guests and visitors will immerse themselves in the universe of Kathmandu, completely transforming the entertainment offer of the Dominican Republic.&nbsp;<\/p>\n\n\n\n<p>The second phase of the project will allow an expansion of the first\u00a0phase\u00a0by adding\u00a0top-notch\u00a0entertainment,\u00a0restaurants\u00a0and shopping\u00a0by incorporating internationally renowned\u00a0major brands in these sectors and will be led by Falcon&#8217;s\u00a0Beyond. Falcon&#8217;s Beyond Global\u00a0CEO,\u00a0Cecil D.\u00a0Magpuri,\u00a0said\u00a0in his speech\u00a0that\u00a0the\u00a0size\u00a0and potential of the entertainment brands that we will be announcing at the beginning of next year as members of phase two of the project are really impressive.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The construction of a state-of-the-art theme park and two hotels in Punta Cana was announced today,&nbsp;With an investment of&nbsp;US$&nbsp;350 million. The announcement was made by President&nbsp;Luis&nbsp;Abinader,&nbsp;together with the Minister of Tourism, David&nbsp;Collado,&nbsp;and business&nbsp;executives from&nbsp;Meli\u00e1&nbsp;Hotels International and Falcon&#8217;s.&nbsp; Abinader&nbsp;also highlighted&nbsp;that this&#8230;<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_kad_blocks_custom_css":"","_kad_blocks_head_custom_js":"","_kad_blocks_body_custom_js":"","_kad_blocks_footer_custom_js":"","_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"footnotes":""},"categories":[149],"tags":[],"class_list":["post-7209","post","type-post","status-publish","format-standard","hentry","category-investment-in-dr"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - 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