American Firm Building ‘Disneyland’ in Baghdad.

April 29, 2008 by Bakkouz  
Filed under Political

Llewellyn Werner admits he is facing obstacles most amusement park developers never have to deal with – insurgent attacks and looting.

When you are building an amusement park in downtown Baghdad, those risks come with the territory.

Mr Werner, chairman of C3, a Los Angeles-based holding company for private equity firms, is pouring millions of dollars into developing the Baghdad Zoo and Entertainment Experience, a massive American-style amusement park that will feature a skateboard park, rides, a concert theatre and a museum. It is being designed by the firm that developed Disneyland. “The people need this kind of positive influence. It’s going to have a huge psychological impact,” Mr Werner said.

Ali al-Dabbagh, a spokesman for the Government, is equally optimistic: “There is a shortage of entertainment in the city. Cinemas can’t open. Playgrounds can’t open. The fun park is badly needed for Baghdad. Children don’t have any opportunities to enjoy their childhood.” Mr al-Dabbagh added that entry to the park would be strictly controlled.

The project will cost $500 million (£250 million) and will be managed by Iraqis. Under the terms of the lease, Mr Werner will retain exclusive rights to housing and hotel developments, which he says will be both culturally sensitive and enormously profitable. “I wouldn’t be doing this if I wasn’t making money,” he said. “I also have this wonderful sense that we’re doing the right thing”

[source:Times Online]

What a Grand Idea, isn’t it? Anything to make a buck.

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