Sunway owns 752ha in Medini and Pendas in Iskandar Malaysia, which can easily generate more than RM30 billion in gross development value (GDV).

The company is planning to develop an education hub, amusement parks, malls, hotels, residences, offices and hospitals there.

According to Bill Holman, the consultant director for Sunway Lagoon Sdn Bhd (SLSB), the new amusement parks, which will be the first of their kind in Malaysia, will be built on par with international standards.

Among the world's most notable theme parks are Universal Studios, Disneyland, Knott's Berry Farm and Six Flags Magic Mountain (United States); Dreamworld and Warner Bros Movie World (Australia); Alton Towers (United Kingdom); PortAventura (Spain); Tivoli Gardens (Copenhagen) and Europa-Park (Germany.

- By NST