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Dalian Wanda undertakes 12B-yuan theme park development in Yan'an, China

Dalian Wanda Group Co Ltd. is developing a 12 billion-yuan theme park in Yan'an, China, the Nikkei Asian Review reported.

The Yan'an Wanda City integrated development will feature a luxury hotel, restaurants and sports facilities, according to the publication.

The project that was started mid-April is expected to open June 2021, the May 17 report added.

As of May 17, US$1 was equivalent to 6.92 yuan.