WION Web TeamDelhi, IndiaMar 06, 2018, 04.24 AM
The island country Australia has suddenly found itself on China's ambitious One Belt One Road (OBOR) initiative. According to reports, a theme park project, to be developed by Chinese firm Songcheng in Australia's Gold Coast City, was found listed on China's Ministry of Culture website late last week.
The theme park project, that goes by the name Australian Legend World, will be developed at Nerang suburb at an estimated cost of over $400 million.
The project has been described as a "key cultural trade and investment project" and part of China's ambitious OBOR initiative.
"The Australian Government may not want to not sign up to the initiative as a program but there's nothing to stop particular projects in Australia signing up on their own account," ANI reported China expert John Fitzgerald as saying.
The proposed park has been listed at number 11 among 40 other top priority government projects affiliated with the OBOR. These projects are scheduled to come up at various locations around the world.
The project is facing stiff opposition from the locals.