The Macalline Dreamland Ocean Park project has been agreed and has attracted a 2 billion investment. The ambitious new project aims to be a leading ocean theme park in China.
The Macalline Dreamland Ocean Park will integrate local culture and support business and tourism. The operator behind the park is Red Star Macalline Group, a China-based company which operates home decoration and furniture stores.
On June 29, 2019, the Red Star Macalline Group, signed a strategic cooperation framework agreement with Shenyang municipal government. The agreement states that Macalline will invest 30 billion yuan to help Shanghai develop cultural tourism, hotels, shopping centres, home furnishing and other areas of urban living.