KUALA LUMPUR, Feb 23 — Genting Malaysia Bhd will increase total capital investment in the Genting Integrated Tourism Plan (GITP) from RM5 billion, as announced earlier, to an estimated RM10.38 billion.

GITP is a major 10-year master plan launched in December 2013 for the redevelopment and transformation of Resorts World Genting, the internationally-acclaimed integrated resort, which is currently being carried out in phases.

“It will offer an extensive and wide array of new and exciting entertainment options, unique to visitors from across the region,” Genting Malaysia said in a filing to Bursa Malaysia today.

The capital investment under phase one of the GITP would increase from RM4 billion to RM8.11 billion.

Under this phase, the first-ever world class branded Twentieth Century Fox World theme park would see a substantial increase in investment with more spectacular, thrilling and state-of-the-art rides than previously announced.

“Total investment in the Twentieth Century Fox World theme park is expected to exceed RM2 billion.

“With the engagement of some of the best talent in the Hollywood movie-industry to help in the design of the park, this is targeted to become a unique and compelling world-class theme park,” it added. — Bernama