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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.

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establishing amusement parks in karachi lahore

Establishing Amusement Parks in Karachi & Lahore

Introduction

Need Assessment

Proposed Project

Technical Evaluation

Governance

Financial Evaluation

Series 1 | Version 1

amusement parks introduction
Amusement ParksIntroduction
  • History & importance
  • Transition from ride parks to theme / show cum ride parks

Series 1 | Version 1Investment Opportunities in Pakistan

amusement parks n eed assessment
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

amusement parks proposed project 1
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

amusement parks proposed project 2
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

amusement parks technical evaluation
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

amusement parks governance
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

amusement parks financial evaluation
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

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