The Chennai-based MGM group of companies-- engaged into logistics, resorts, food chains, trading, hotels, manufacturing, liquor, real estate, and entertainment theme parks--has established its third full-scale entertainment and theme park at Visakhapatnam beach.
Which is to be inaugurated on Friday. And the company expects Rs 5 crore revenue in form of collections per annum through park.
With the help of Visakhapatnam Urban Development Authority (Vuda),we had implemented theme park project swiftly, MGM Maran, the director of MGM group, told media persons here on Thursday.
The group has set up a target of Rs 700-crore turnover at a growth rate of 21 per cent for the current year.
