France, Saudi Arabia agree on $7bn theme park project near Paris
Summary
France and Saudi Arabia have agreed to build a $7 billion amusement park near Paris, featuring three theme parks, including one with a manga theme. This project is part of broader deals to boost economic and defense cooperation between the two countries.Key Facts
- The amusement park project will be built near Cergy-Pontoise, about 30km from Paris.
- It will include three theme parks, with one themed around manga, a Japanese comic style.
- The project is expected to create about 22,000 jobs.
- Qiddiya, part of Saudi Arabia’s sovereign wealth fund, will lead the project.
- The agreement was made during a meeting between French President Emmanuel Macron and Saudi Crown Prince Mohammed bin Salman.
- Other deals signed cover energy, artificial intelligence, aviation financing, transport, and health sectors.
- France and Saudi Arabia also agreed to deepen defense ties, including cybersecurity and military training.
- Saudi companies CMA CGM and Alstom signed contracts to help develop Saudi ports and metro systems.
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