1 / 8

Establishing Amusement Parks in Karachi & Lahore

Establishing Amusement Parks in Karachi & Lahore. Introduction Need Assessment Proposed Project Technical Evaluation Governance Financial Evaluation. Amusement Parks Introduction. History & importance Transition from ride parks to theme / show cum ride parks.

HarrisCezar
Download Presentation

Establishing Amusement Parks in Karachi & Lahore

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Establishing Amusement Parks in Karachi & Lahore Introduction Need Assessment Proposed Project Technical Evaluation Governance Financial Evaluation Series 1 | Version 1

  2. Amusement ParksIntroduction • History & importance • Transition from ride parks to theme / show cum ride parks Series 1 | Version 1Investment Opportunities in Pakistan

  3. Amusement ParksNeed Assessment • Global growth • P&DD study suggests (Karachi and Lahore): • Dearth of safe and high quality outdoor entertainment venues. • Desire for the creation of venues that are a combination of both education and entertainment. • Close proximity, access and comfort • Karachi and Lahore suitable - large number of residents & relative purchasing power Series 1 | Version 1Investment Opportunities in Pakistan

  4. Amusement ParksProposed Project - 1 The proposed parks in Karachi and Lahore maybe developed thematically in accordance with the associated city’s culture and heritage and that of Pakistan in general in addition to thematic conceptualizations from world cultures and subjects of learning. Themed attractions along with thrill rides will differentiate the project from other amusement parks in the proposed locations. Series 1 | Version 1Investment Opportunities in Pakistan

  5. Amusement ParksProposed Project - 2 • Phase I attraction examples: • Mini Pakistan • Muslim Heritage • Wonders of the World • 13 Thrill Rides • Musical Fountain • Amphitheatre • International Food Court • Handicrafts & Souvenir Street Series 1 | Version 1Investment Opportunities in Pakistan

  6. Amusement ParksTechnical Evaluation • For Phase I, project capacity is based on 500,000 visitors per annum • installed in an area of 100 Acres. • Attracting 1000 - 1500 visitors per day • Average spending Rs. 800 - 1000 per person • The Project’s Phase I will take approximately 18 months to complete Series 1 | Version 1Investment Opportunities in Pakistan

  7. Amusement ParksGovernance • Private limited company, managed by competent professionals in relevant fields • Total initial manpower requirement for Phase I is approximately 170 Series 1 | Version 1Investment Opportunities in Pakistan

  8. Amusement ParksFinancial Evaluation • Total capital cost of one amusement park either in Karachi or Lahore is estimated at Rs.2.0 billion • Financed in the debt equity ratio of 60:40 • Working capital of Rs.25.0 million. • Payback of equity investment of Rs. 800 million is 3-5 years • Payback for total project cost of Rs. 2 billion is 8 years • Returns can be substantially improved through sale of club memberships, monthly, weekly passes etc. Series 1 | Version 1Investment Opportunities in Pakistan

More Related