The highlight of the strategic alliance will be the development of Six Flags Dubailand, a five million square feet, multi-billion dirham park within the world’s largest tourism, leisure and entertainment destination. Groundbreaking is expected in 2009.

The first Six Flags project to be developed outside of North America – at least, since the company offloaded its European interests under its previous management – the theme park comes as part of Tatweer’s tactical contribution to Dubai Strategic Plan 2015, which aims to develop the emirate into a leading global hub for tourism and leisure.

"The addition of Six Flags, one of the world’s most reputed leisure and entertainment companies, to our burgeoning portfolio complements Dubailand’s value proposition as an unrivalled tourism destination,’ said Saeed Al Muntafiq, executive chairman of Tatweer.

Six Flags Dubailand will boast world-renowned entertainment franchises including the children’s musical group Wiggles and professional skateboarder Tony Hawk.

Tatweer and Six Flags Dubailand also will work together to create new concepts across the region, such as Six Flags theme and waterparks, branded restaurants, hotels and retail outlets.

Other projects set to grace the three billion square feet Dubailand include Bawadi, The Tiger Woods Dubai golf course, Universal Studios Dubailand, DreamWorks Animation Park, HIT Entertainment and Global Village. Other projects that are under advanced stages of development include Dubai Sports City, Motor City, Falcon City, Dubai Heritage Vision, and Al Barari. The Polo and Equestrian Club and City of Arabia are currently in the initial stages of infrastructure work.