Ferrai

THE WORLD FIRST FERRARI THEME PARK AND ITS ECONOMIC BENEFIT.

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Application Essay 5113

Abstract

In this paper, we will discuss about the world first Ferrari theme park that is also the largest indoor park of the world. Although there are many dimension to discuss but to be specific the question that will be discussed is that: what will be economic benefit that UAE will enjoy by operating this park?.

To get this answer the different source will be used that may include primary and secondary sources to gather the data to formalize this report.

The world first Ferrari theme park and its Economic Benefit.

The world first Ferrari theme park is another marvelous addition of the UAE showcase of entertainment. This park itself is another wonder and ultimately the projection of creative thinking, moreover thinking beyond the limit abilities. This park has all attractions means that full thrill and joy with cutting edge technology baked rides. This park has a area of 2,200,000 sq ft with the cost of 40 million dollars that makes it the world largest amusement park that is aspect to open in October 2010.

The most unique attraction that make this park a legendary place for fun, is the world fastest ride that is the Formula Rossa, the roller coaster that has a capability to run at 150 mph. this addition is the most thrilling addition for the park visitors. This park is outcome of the partnership between Ferrari and Aldar Properties PJSC, Abu Dhabi.

As far as the Economic benefit concern, the officials of the UAE know very well that there oil reserved will be end after the specific time period; there focus is to convert their economy from from oil base to tourist base. In this connection, there are number of development is done and in progress as well including the world first Ferrari theme park. Here another question arises that why Dubai official prefer to have partnership with...