KidzMondo has signed a franchise agreement with Abdul Rahman Saad Al-Rashid and Sons to build seven edutainment theme parks in Saudi Arabia with the first in Riyadh. The development will be carried out over the next ten years, at the cost of $133 million, it has been announced.
The franchise agreement was signed by Suleiman Bin Abdul Rahman Al-Rashid, CEO of Abdul Rahman Saad Al-Rashid and Sons and Ali Kazma, chairman of Kidz Holding and founder of the KidzMondo concept. The central idea of KidzMondo is to develop a small-scale city built for and ruled by children between the ages of 2 to 14. The miniature city has its own economy and even uses its own currency called Kidlar.