Completion of 20th Century Fox World Malaysia – a theme park being developed at Genting Malaysia’s hillside casino resort outside Kuala Lumpur – will not happen before end-2017, according to Japanese brokerage firm, Nomura.

In addition to the setback, analysts from Nomura said the budget for the site-wide revamp of Genting Malaysia’s Malaysian casino complex – known as Resorts World Genting, and of which the theme park will be a part – would be more than double the original MYR5bn ($1.2bn) estimate.