Russian President, Vladimir Putin, has reportedly approved plans to build a “Russian-style Disneyland” which will cost upwards of $4 billion.
The new theme park, which will be built on the border of the Kaluga and Moscow regions has already been allocated 220 hectares of land by the Regional Governor Anatoly Artamonov, who recently met with President Putin to discuss the project.
The park, which will be called: The Magical World of Russia project, aims to attract the growing number of tourists visiting the region, which have doubled in the past three years to 2.5 million.
Included in the plans will be a Disneyland layout, with various “zones” and hotels. The Magical World will also have the world’s largest water park. Among the zones will be features of historical and cultural significance such as: an indoor St. Petersburg exhibit complete with a Senate Square and Nevsky Prospect.
Governor Artamonov claimed that the President will not need to invest state funds in the park as they have already amassed the $4 billion required from private investors. He did, however, thank the President for his support. To which, President Putin replied: “Sure, with pleasure.”
There is already another theme park currently under construction to the South of Moscow, which is called: The Island of Dreams.