Dynamic Attractions to develop space-themed park in China
Dynamic Attractions, creator of the most popular ride systems for Disney and Universal Studios Resorts, is collaborating with Altair Space Technology to design, develop, and co-own a new kind of theme park.
Space Park will be built in Hangzhou, one of China’s leading tourist locations. It is expected to cost around $600 million CAD and will no doubt further improve the relationship between Canada and China.
Dynamic Attractions has a great deal of experience in theme park development, and is offering world-leading experience to the project. The company will bring park master planning, iconic attraction supply, master theming for the park, and operational expertise to commission and operate the rides. New and innovative technologies will be utilised, including virtual and augmented reality; Dynamic and Altair intend to ensure Space Park is different and more advanced than other theme parks in China.
Dynamic Attractions already has an impressive connection to space, as its sister company – Dynamic Structures – built over half of the world’s major telescopes including the Thirty Meter Telescope in Hawaii.
Guy Nelson, CEO of Dynamic Attractions, said of Space Park:
“This project combines the use of our attractions, theming expertise, master planning capability, and operation of the theme park. We’re putting in our three best rides and we’re putting in three more technologically advanced rides that will push our virtual reality and augmented reality offerings. We’re very active in Asia and thrilled by the strategic cooperation agreement.
“Dynamic Attractions has over two decades of experience delivering some of the most popular rides for the world’s top theme parks, thus providing a solid foundation for Space Park to succeed. The appetite for world-class attractions by the rapidly growing middle class in China will be uniquely delivered by Space Park with a distinct themed environment and entertainment attraction offering.”
Follow @BizReviewUSA and @NellWalkerMG
Read the September issue of Business Review USA & Canada here
G7 Summit guide: What it is and what leaders hope to achieve
Unless you’ve had your head buried in the sand, you’ll have seen the term ‘G7’ plastered all over the Internet this week. We’re going to give you the skinny on exactly what the G7 is and what its purpose on this planet is ─ and whether it’s a good or a bad collaboration.
Who are the G7?
The Group of Seven, or ‘G7’, may sound like a collective of pirate lords from a certain Disney smash-hit, but in reality, it’s a group of the world’s seven largest “advanced” economies ─ the powerhouses of the world, if you like.
The merry band comprises:
- The United Kingdom
- The United States
Historically, Russia was a member of the then-called ‘G8’ but found itself excluded after their ever-so-slightly illegal takeover of Crimea back in 2014.
Since 1977, the European Union has also been involved in some capacity with the G7 Summit. The Union is not recognised as an official member, but gradually, as with all Europe-linked affairs, the Union has integrated itself into the conversation and is now included in all political discussions on the annual summit agenda.
When was the ‘G’ formed?
Back in 1975, when the world was reeling from its very first oil shock and the subsequent financial fallout that came with it, the heads of state and government from six of the leading industrial countries had a face-to-face meeting at the Chateau de Rambouillet to discuss the global economy, its trajectory, and what they could do to address the economic turmoil that reared its ugly head throughout the 70s.
Why does the G7 exist?
At this very first summit ─ the ‘G6’ summit ─, the leaders adopted a 15-point communiqué, the Declaration of Rambouillet, and agreed to continuously meet once a year moving forward to address the problems of the day, with a rotating Presidency. One year later, Canada was welcomed into the fold, and the ‘G6’ became seven and has remained so ever since ─ Russia’s inclusion and exclusion not counted.
The group, as previously mentioned, was born in the looming shadow of a financial crisis, but its purpose is more significant than just economics. When leaders from the group meet, they discuss and exchange ideas on a broad range of issues, including injustice around the world, geopolitical matters, security, and sustainability.
It’s worth noting that, while the G7 may be made up of mighty nations, the bloc is an informal one. So, although it is considered an important annual event, declarations made during the summit are not legally binding. That said, they are still very influential and worth taking note of because it indicates the ambitions and outlines the initiatives of these particularly prominent leading nations.
Where is the 2021 G7 summit?
This year, the summit will be held in the United Kingdom deep in the southwest of England, with Prime Minister Boris Johnson hosting his contemporaries in the quaint Cornish resort of Carbis Bay near St Ives in Cornwall.
What will be discussed this year?
After almost two years of remote communication, this will be the first in-person G7 summit since the novel Coronavirus first took hold of the globe, and Britain wants “leaders to seize the opportunity to build back better from coronavirus, uniting to make the future fairer, greener, and more prosperous.”
The three-day summit, running from Friday to Sunday, will see the seven leaders discussing a whole host of shared challenges, ranging from the pandemic and vaccine development and distribution to the ongoing global fight against climate change through the implementation of sustainable norms and values.
According to the UK government, the attendees will also be taking a look at “ensuring that people everywhere can benefit from open trade, technological change, and scientific discovery.”