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Saudi Arabia Invests €6 Billion in European Theme Parks, Including Manga Complex Near Paris

Gulf kingdom's entertainment push extends to France with trio of leisure projects backed by massive state investment.

By Fatima Al-Rashid··4 min read

Saudi Arabia has approved a €6 billion investment to construct three new theme parks in Europe, including a manga and anime-inspired complex on the outskirts of Paris, according to BBC News.

The ambitious project represents the kingdom's most significant cultural investment in Europe to date and signals Riyadh's determination to position itself as a major player in the global entertainment industry beyond its borders.

While details about the specific locations and timelines remain limited, the manga-themed park near Paris would tap into Europe's growing appetite for Japanese popular culture. France has long been one of the largest consumers of manga and anime outside Japan, with dedicated conventions drawing hundreds of thousands of fans annually.

Vision 2030 Goes International

The investment aligns with Saudi Arabia's Vision 2030 initiative, Crown Prince Mohammed bin Salman's flagship program to diversify the kingdom's economy away from oil dependency. However, this marks a notable expansion of that strategy beyond Saudi borders.

"This is quite unusual," said Dr. Kristian Coates Ulrichsen, a Middle East fellow at Rice University's Baker Institute. "We've seen massive domestic investment in entertainment and tourism within Saudi Arabia, but deploying billions in European leisure infrastructure suggests they're thinking about cultural influence and returns in a much broader geographic sense."

Over the past seven years, Saudi Arabia has poured tens of billions into building theme parks, cinemas, concert venues, and sporting facilities within the kingdom. The country has hosted major boxing matches, Formula One races, and music festivals featuring Western artists—often drawing criticism from human rights organizations over alleged "sportswashing" of the kingdom's record on dissent and women's rights.

European Economic Ties Deepen

The theme park investment comes as European nations have sought closer economic relationships with Gulf states, particularly in the wake of energy concerns following Russia's invasion of Ukraine.

France has been especially active in courting Saudi investment. President Emmanuel Macron has visited the kingdom multiple times since 2017, and French companies have secured major contracts in Saudi Arabia's NEOM megacity project and other Vision 2030 initiatives.

According to France's Ministry of Economy, Saudi investment in France has increased by more than 300 percent since 2020, spanning sectors from technology to luxury goods to infrastructure.

"There's a clear pattern of deepening economic interdependence," noted Agnès Levallois, a Middle East analyst based in Paris. "France wants Saudi capital and market access. Saudi Arabia wants European expertise, technology transfer, and perhaps most importantly, cultural legitimacy."

Questions About Labor and Operations

Neither Saudi authorities nor French officials have disclosed which Saudi entity is leading the investment, though the kingdom's Public Investment Fund—which manages over $700 billion in assets—typically spearheads such major international projects.

The announcement provided no details about construction timelines, expected employment numbers, or operational partnerships with existing entertainment companies. Theme park developments of this scale typically require 4-7 years from approval to opening.

Labor rights organizations have already raised concerns about working conditions during construction, given documented issues at Saudi-funded projects both domestically and abroad. The kingdom has faced persistent criticism over its kafala labor sponsorship system, which critics say enables exploitation of migrant workers.

"Any project of this magnitude needs transparent labor standards from the start," said Rothna Begum, senior women's rights researcher at Human Rights Watch. "We've seen what happens when mega-projects proceed without proper oversight—workers pay the price."

The Manga Gamble

The choice to build a manga-themed park specifically reflects both market calculation and cultural positioning. Japan's popular culture exports have proven remarkably durable across demographics and borders, with the global anime market valued at over $30 billion annually.

France represents Europe's largest manga market, with Japanese comics accounting for roughly 40 percent of all graphic novel sales in the country. Major Japanese publishers have established European headquarters in Paris, and the annual Japan Expo convention regularly draws over 250,000 attendees.

However, theme park ventures carry substantial risk. Even established brands have struggled—Disney's European park outside Paris took decades to become profitable, and multiple manga-themed attractions in Japan itself have closed due to insufficient visitor numbers.

"The intellectual property licensing alone will be complex," said theme park industry analyst Laurent Bossavit. "Are they partnering with Shueisha, Kodansha, or trying to create original content? Each approach has different challenges and cost structures."

The announcement did not specify whether the parks would license existing manga and anime properties or develop original themed experiences.

What Wasn't Said

Notably absent from the announcement was any mention of local community consultation, environmental impact assessments, or cultural integration plans—standard components of major European development projects.

French environmental groups have already expressed concern about the potential ecological footprint of large-scale theme park construction, particularly regarding water usage and habitat disruption.

The Saudi government has not responded to requests for comment about these concerns, nor has it clarified whether the investment represents loans, direct ownership, or partnership arrangements with European entities.

As Gulf capital continues flowing into European cultural and entertainment sectors—from football clubs to film studios to now theme parks—questions about influence, values, and accountability remain largely unanswered.

For now, the €6 billion commitment stands as the latest example of how Saudi Arabia's economic ambitions increasingly extend far beyond the kingdom's borders, reshaping cultural landscapes from the Gulf to the outskirts of Paris.

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