The world’s largest Universal Studios theme park will be built near Beijing after Comcast NBCUniversal signed a contract with the Chinese capital last week, reports Hong Kong’s Oriental Daily.

Li Shixiang, executive vice mayor of Beijing, flew to New York and signed a contract with Comcast, which owns NBCUniversal, on Sept. 12. Under the contract, state-owned consortium Beijing Shouhuan Cultural Tourism Investment and Comcast’s unit Universal Parks & Resorts will establish a joint venture to build the park, according to Canada’s CTV News.



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The park will be built in Beijing’s Tongzhou district and will cover an area of 400 hectares, which will include 120 hectares of parking lots, 79 hectares of buildings and a 280-hectare resort. Investment in the park is said to have reached 50 billion yuan (US$7.8 billion).

Universal Studios Hollywood President Larry Kurzweil, LA Tourism President & CEO Ernest Wooden Jr., People's Republic of China Consul General Qiu Shaofang, Beijing Municipal Commission of Tourism Development's Deputy Director Yu Debin and Vice Director Zhang Jing join the theme park's iconic Marilyn Monroe to commemorate the opening of the Beijing Tourism Cultural Fair which opened today and runs through January 6, 2013.   (PRNewsFoto/Universal Studios Hollywood)
Universal Studios Hollywood President Larry Kurzweil, LA Tourism President & CEO Ernest Wooden Jr., People’s Republic of China Consul General Qiu Shaofang, Beijing Municipal Commission of Tourism Development’s Deputy Director Yu Debin and Vice Director Zhang Jing join the theme park’s iconic Marilyn Monroe to commemorate the opening of the Beijing Tourism Cultural Fair which opened today and runs through January 6, 2013. (PRNewsFoto/Universal Studios Hollywood)

There are two Universal Studios parks in the US, one in Los Angeles and another in Orlando. There are also two in Asia: in Osaka, Japan, and in Singapore. The Beijing park, excluding its resort, will be twice as large as the Osaka park and five times the size of the Singapore park. The Beijing park will be larger than the parks in Hollywood and Orlando to be the largest in the world.

Steven Spielberg has been tapped to take part in the design of the Beijing park.

The first phase of construction, which will include the world’s first Universal-branded hotel, is scheduled to be completed in five years. The second phase will include another theme park, a water park and five more hotels.

Line 7 of the Beijing subway will be extended east to reach the park and the Batong Line will also be expanded to the park’s resort. The capital will also change two of its expressways, the 6th Ring Road and the G1 Beijing-Harbin Expressway, and build a public transportation hub for the park, the report said.