AJ Hackett eyes international expansion
AJ Hackett International is looking to double in size during the next three years with projects including a bungy jump off the glass bridge in China.
The pioneer of bungy jumping has outlined three projects in the pipeline. They are a combination of fully-funded by AJ Hackett International, joint ventures or private/government investments.
AJ Hackett International is the official bungy operator at the glass bridge in China and is signalling an opening in late 2017.
Located in Zhangjiajie, Hunan province, the structure is the world's highest and longest glass-bottomed bridge.
The bungy platform will be mounted beneath the glass bridge, offering a 260m-long jump when it opens. There'll also be a giant swing platform, flying foxes and another 40m bungy off a bridge above the glass bridge.
Earlier in May 2017 a project on Singapore's Sentosa Island will open. It has a 47m jump, two giant swings, a vertical skywalk, a sky bridge vertigo experience and restaurant and bar from a purpose-built tower.
In early 2018, the focus will be on the opening of a project at Skypark in Moscow, Russia. This US$10m (NZ$13.5m) project will feature bungy, swings, flying foxes and glass viewing vertigo experiences.
"We've never opened as many sites of this calibre in such a short timeframe. We'll double the size of the international company within the next three years," Mr Hackett says.
In addition, at the world's current highest bungy jump (233m) in Macau, the company is diversifying to offer jetboating by the end of 2018.
There are also plans to increase the size of the company's Indonesian resort, Pondok Santi Estate on the island of Gili Trawangan.
The developments haven't been without their challenges, Hackett says.
In conservative Singapore, the company spent more than four years working with authorities to be able to open, including initiating a law change to make bungy safer.