ASTAD, leading project development solution provider, announced yesterday that it has signed a Memorandum of Understanding (MoU) with the global leader at the forefront of theme park project management, Cumming.
Cumming has been using its steadfast commitment for over 20 years to support theme park owners and their development projects around the world. Their portfolio comprises the most successful projects in this specialized sector worth tens of billions of dollars including the likes of Disney and Universal Studios.
On the occasion, ASTAD Chief Executive Officer, Ali Al Khalifa, said:
“This MoU demonstrates our proactivity and advocacy for the growth and urban development of Qatar. It will bring together ASTAD’s local expertise on Qatar’s complex mega projects, coupled with Cumming’s experience on some of the world’s most popular tourist attractions, preparing us and Qatar at an international standard for outstanding project development in new territories including themed entertainment.”
ASTAD’s keen interest and dedication towards the management of world-class theme parks comes at a time when there is a growing market need for the development of tourism infrastructure in Qatar in line with the Qatar National Tourism Sector Strategy 2030 which aims to ensure that tourism plays its designated role in shaping Qatar’s economic and social future.
Finlay Cumming, Chief Executive Officer of Cumming states:
“Cumming is excited by our new association with ASTAD and look forward to jointly assisting in the delivery of World Class Entertainment destinations in Qatar”.
The agreement which was signed in New York on Thursday 26 October 2017 lays the foundation for the development of world-class themed entertainment projects in Qatar and promotes joint strategic objectives aimed at exploring markets and directing efforts towards viable projects.
This MoU is one of several ASTAD has signed in recent months to support their growing capabilities and international expansion.
ASTAD has managed and delivered some of Qatar’s most complex building and infrastructure projects in various sectors including education, culture, healthcare, hospitality, sports, commercial, residential and transport, and its fully prepared in line with the national vision to build recreational areas and provide engineering consulting services in the field of entertainment, bringing together all the necessary components required to build communities.
Cumming is an international project and cost management firm with 26 offices in the USA and five international offices. Cumming provides solutions to ensure that projects in the fields of themed entertainment and hospitality including theme parks, aqua parks and zoos.
ASTAD provides fully integrated project and asset management services, covering the design and construction of complex building and infrastructure projects. With a global network of experts, ASTAD combines a wealth of knowledge and technical expertise to deliver best-in-class services with collaborative and sustainable outcomes. ASTAD partners with businesses, organisations and governments to deliver innovative, cost-effective and bespoke solutions throughout the lifecycle of their assets.