News

Ikonic Entertainment Group Signs Design Project for Eco Theme Park in Suzhou, China

TCG Press Release

February 13, 2013


LOS ANGELES - Ikonic Entertainment Group Ltd. a portfolio company of Transworld Capital Group, has entered into an agreement to provide design services for Phase I of a new Chinese agricultural ecological theme park under development near the Suzhou Singapore Industrial Park in Jiangsu Province, China. Part of a 1,000-acre master layout, Phase I will occupy 150 acres situated amongst wild, untouched wetlands. Because of the ecologically sensitive nature of the surroundings, the park calls solely for the use of glass and wood structures that blend with the natural landscape of the wetlands, making only a minimal footprint so as not to disrupt the ecology. Phase I of the park will open in two years..

Jack Chen, Chairman of Ikonic, said: “This Suzhou eco-themed park is the third design/turn-key theme park project we have signed since the inception of Ikonic about one and a half years ago. Our first themed entertainment venue Kungfu Park broke ground in September of 2012 and is expected to be completed in less than three years. We are very excited about the market opportunities in China where middle class consumers more and more are craving world-class travel options with distinctive Chinese characteristics.” Tony Christopher, Ikonic's CEO, said: “This project will showcase Ikonic's expertise in creating beautiful and captivating attractions, and we think this project will do extremely well in terms of people traffic. It's located very conveniently within a ten-minute from Suzhou's Singapore Industrial Park, and twenty-minute drive from the historic Suzhou downtown, which is known as the 'Venice of the East.'” He continued: “Not only will this project provide an excellent day destination for locals, but we think it will be a major draw for the entire Yangtze River Delta region. We aim to offer an experience that is not just educational, but also interactive and entertaining.”

About Ikonic Entertainment Group
Ikonic is a company formed in Los Angeles with offices in Asia to provide the very best total project turnkey services to the entertainment real estate business in China. The company is the brainchild of Tony Christopher, Founder & CEO of the Landmark Entertainment Group and Jack Chen, Founder & CEO of Transworld Capital Group (TCG), a financial advisory and investment firm specializing in cross-border business development and transaction management in China and the U.S. Together the new company has the ability to design, build, finance, manage and turn over development of entertainment real-estate projects targeting China, the number one country in the world today in new land development.

Through its association with Landmark, Ikonic utilizes the very top talent in the world today. Considered the third best theme park design company after Disney and Universal, Landmark has a proven track record of award winning projects with Universal as its main client and projects such as the Spiderman Dark Ride, T2/3D, a live action 4D theater, Star Trek, an amazing simulator attraction, and Jurassic park to name a few of its best completed projects. Additionally, Ikonic has worked with and can bring in organizations such as Six Flags, Busch Gardens and Management Resources, each of which can provide high level operation services. More information can be found at www.ikonicgroup.com.

About Transworld Capital Group
Transworld Capital Group is a financial advisory and investment firm specializing in cross border transactions between the Western World and Greater China. The company advises both on M&A and capital-raising transactions as well as partnerships to help businesses access the China market. More information can be found at www.transworldgroups.com.