Dubai - Mubasher: Dubai Parks and Resorts has completed more than 40% of engineering and manufacturing for the rides at its three theme-park development, said CEO Raed Al-Nuaimi.

He added that his company has brought together the industry’s top designers and consultants to work on what is “set to be the region’s largest multi-themed leisure and entertainment destination”.

The parks company said its project infrastructure reached 42% completion by the end of the first quarter of 2015, while its ride engineering and manufacturing “is progressing as planned” with 40% completion and procurement 67% complete.

The landmark will comprise three theme parks: motiongate Dubai, Bollywood Parks Dubai and LEGOLAND Dubai in addition to LEGOLAND Water Park and Riverland™ Dubai, a themed retail, dining, and entertainment experience, along with Lapita, a Polynesian-themed family resort.

Last week, the company announced it had partnered with Lionsgate to bring The Hunger Games and Step Up themed attractions to its motiongate Dubai park.

Visitors can expect the development to open in October 2016, the statement revealed.

"As the largest entertainment destination in the region, Dubai Parks and Resorts will support the UAE’s tourism vision and serve as a key step towards reaching the country’s visitor targets,” Al-Nuaimi said.

Dubai Parks plans to offer visitors an exciting variety of over 100 attractions and experiences, he added, noting that the best-in-class global ride manufacturers have been working over the last 12 months to develop roller coaster tracks, immersion tunnels, drop towers, flying theatres, round rides and other media-based attractions.

Many of the attractions have already been ordered and have begun to arrive in Dubai, he added.

Dubai Parks and Resorts recently posted its financials for Q1-15 and reported a loss of AED 13 million, with no operating revenues during the quarter. The company said the first revenues are expected near the end of 2016, after the mega-theme parks are opened to the public.