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Paramount Theme Park and Corvera Airport to Exceed 2 Bln Investment

Mon 18th Jul 2011

Investment in the Murcia region is forecast to surpass 2 billion euros within the coming 12 months as work on the region's Corvera airport comes to and end, and the construction project finally breaks ground for the Paramount theme park.

The theme park is set to become the largest in Europe, with an anticipated 3 Million visitors per year, with a host of attractions and facilities catering for the public and for business delegates alike and looks set to bring a much needed boost the economy of the region.

The regional government has also invested heavily on new roads and a high-speed train station specifically to link the two projects, which are just 20 minutes apart. Corvera International Airport's is due to open early in 2012, to mark the start of the construction work for both the theme park and the rail link.

Whilst it was initially planned for the theme park to be fully operational over the course of 2015, it was recently suggested that it the work may be completed a year earlier than expected.

The region has already attracted a high percentage of overseas investment - largely in proposed hotels to be located close to both the Paramount theme park and Corvera International airport - however, a further extension to the 100 hectare site has already attracted interest from investors - even before the initial project has begun.

It is widely expected that this will encourage private buyers of holiday homes and apartments to look closely at Murcia as a secure investment - particularly for those who need to secure a rental income from the property.

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