Massive Paramount-Branded Theme Park to Be Built in China’s Kunming
Rebecca Davis editorChinese authorities announced this week that a major $8 billion (RMB51 billion) Paramount theme park resort and arts complex will be built on the shores of Dianchi Lake in southwestern Yunnan province’s capital city Kunming.The Paramount resort itself will span an area of 643 acres out of the broader Paramount-branded development project’s total 1,899 acres. That will make it Hollywood’s third largest theme resort in China, following Shanghai Disneyland, which clocks in at 963 acres, and the 990-acre Universal Beijing Resort.The full Kunming complex will be more than five times larger and ten times more expensive than an initial vision of the park put forth last year in an official environmental assessment report.