The project will include themed restaurants, hotels, shops and rides incorporating characters from the studio’s animated feature films such as Shrek and the forthcoming Kung Fu Panda.

DreamWorks, headed by Jeffrey Katzenberg, has teamed up with state-owned property firm Tatweer for the project, which marks the latest in a series of deals between Hollywood production companies and United Arab Emirates developers.

'We are thrilled to bring the first DreamWorks Animation-dedicated theme park to Dubai," said Mr. Katzenberg.

The park will be built at Dubailand, an entertainment megaplex being constructed by Tatweer that is billed as the world's largest tourism, leisure and entertainment complex.

Mr. Katzenberg said the partnership would "create an exciting destination where families and tourists will enjoy the unique opportunity to interact with DreamWorks characters and brands".

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