Fantawild Holdings has signed a contract with the government of Shiyan City in the Hubei province of China, for the construction of a theme park at the Wudang Mountain Tourism Special Economic Zone.

The project will cover an area of 4,046,856 sq. mt. It has a total investment of 5.1b yuan (approx. $771.4b). 3.1b yuan will be spent on the theme park and 2b yuan on additional facilities.

The cultural tourism centre is centred on an ecological theme and inspired by ‘Confucianism, Buddhism and Taoism.’ It will explore historical and cultural stories, as well as artistic achievements and feature the most cutting-edge of technology, creating a landmark tourism destination for the Hubei region.