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Thursday, February 21, 2008

US-Israeli developers plan Disney style theme park in Eilat

The huge 1,300 dunam beachfront project, the largest in Israel, will be located in Eilat, near the border of Jordan. The project was planned and designed by the teams that helped create Walt Disney's Epcot park in Orlando and is based on attractions at Disney World, MGM, and Universal Studios. Amusement rides will be mixed into areas that mimic the look of other cities including Hollywood, New Orleans, San Francisco, Rio de Janeiro, St. Tropez, and Venice.

Sonnenblick-Goldman, a New York real-estate investment banking firm, is in charge of raising financing from US and European investors for the park.