Future of theme park still shrouded in doubt

The Grand World Scenic Park in Guangzhou is not bankrupt and will reopen to tourists if a renovation of several facilities is completed, according to a park spokeswoman yesterday, defying a local media report that the once popular theme park is closed and facing a deficit.

"The park is just temporarily closed in order to ensure the safety of visitors while we are renovating some facilities," said Tan Youbing, spokeswoman and assistant board chairman of Guangzhou Grand World Scenic Holdings Co, Ltd, the park's owner.

"It has not gone bankrupt and it is not facing financial difficulties. What the local media reported was not true," she told China Daily in a telephone interview.