Tatweer to Create world's First Marvel Super Heroes Theme Park

DUBAI, UAE, April 20/PRNewswire/ --- 4.5 Million Sq Ft Development to be Built in Dubailand. Tatweer, a member of Dubai Holding, today announced a landmark deal with US-based Marvel Entertainment, Inc. (NYSE: MVL), the creators of such globally renowned Super Heroes as Spider-Man, The X-Men, Iron Man, the Fantastic Four and The Incredible Hulk, to develop the region's first Super Heroes theme park at the world's largest leisure, tourism and entertainment destination. Allocated within DUBAILAND(R), the Marvel Super Heroes theme park will be one of its key anchor projects. The design and conceptual master plan of this 4.5 million sq ft development has recently been finalized. The park, expected to welcome visitors in 2012, will provide families an ultimate destination with new and exciting rides that will enable them to re-live their childhood and interact with their beloved Super Hero characters. Initiated by Tatweer, the Marvel Super Heroes theme park will further enhance and diversify the region's entertainment offerings, and spotlight Dubai's status as one of the world's most attractive tourism destinations. Saeed Al Muntafiq, Executive Chairman, Tatweer, said: "We are delighted to welcome Marvel as our latest member in the distinctive DUBAILAND(R) portfolio. We are confident this landmark partnership will add further value to the exciting world-class offerings of DUBAILAND(R)." David Maisel, Executive Vice President of Marvel Entertainment and Chairman, Marvel Studios, said: "We are privileged to be a part of the DUBAILAND(R) Destination, a unique entertainment experience that captures the world's best creative concepts. The launch of the Marvel Super Heroes theme park in Dubai will mark our entry into a region that promises tremendous growth potential for our brands." Originally announced last year as a partnership between the Al Ahli group and Marvel Entertainment, Tatweer has now stepped in to oversee and take the development forward, and strategically manage its theme park portfolio. Maisel added: "We are truly thankful to Al Ahli Group who was instrumental in starting the negotiations to bring the Marvel Super Heroes theme park concept to Dubai. The decision to move over to Tatweer's DUBAILAND is a strategic move aimed at positioning Marvel Super Heroes theme park in the world's most diverse leisure and entertainment destination." The three billion sq feet Dubailand(R), a member of Tatweer, comprises projects that include DreamWorks Animation Park, Six Flags, HIT Entertainment, Universal Studios Dubailand(R), Global Village, and several projects including Dubai Sports City, Motor City, Dubai Outlet Mall, Al Sahra Desert Resort, Al Barari, The Polo and Equestrian Club, City of Arabia,Legends, Dubai Wheel and Falcon City of Wonders.