Wonderla Holidays has signed a Memorandum of Understanding (MoU) with the Government of Andhra Pradesh to set up an amusement park in Andhra Pradesh over a period of next four to five years.
The company last week had signed a MoU with the Government of Tamil Nadu to set up a large scale amusement park at Chennai. The company proposes to make an investment of Rs 300 crore in the project over a period of next three years.
Wonderla Holidays is one of the largest operators of amusement parks in India. The company also owns and operates a resort beside its amusement park in Bangalore under the brand name ‘Wonderla Resort’ which has been operational since March 2012.