Sea World to Build in Dubai

Sea World is coming to Dubai. Busch Entertainment Corporation (BEC) says that it's signed an agreement with Nakheel PJSC, one of the world's largest property developers, to create the Worlds of Discovery, SeaWorld, Aquatica, Busch Gardens and Discovery Cove on The Palm Jebel Ali in Dubai. Preliminary design work and site planning is underway, with the first phase expected to open in 2012.

The deal calls for the phased construction of four theme parks on the second of the company's three Palm man-made island developments. Nakheel will invest the capital to build and operate the parks. BEC will license its brands to Nakheel and operate the parks under a management contract.

Worlds of Discovery will occupy a section of The Palm Jebel Ali known as "the Crown," which will resemble a giant killer whale. Nakheel's plans for The Palm Jebel Ali, currently the world's largest man-made island, also call for the development of commercial, residential and shopping districts, as well as resort hotels and restaurants. (RT)