It was announced today that a “Slasher-themed” amusement park is currently being developed in Dubai for 2015, with iconic slashers being licensed for the “adults only” attraction.

Early projections place the cost of the park at $50 billion, with much of the financing coming from local government, spearheaded by Sheikh Mohammed bin Rashid Al Maktoum, the mastermind behind Dubai’s sudden and rapid success. He is the third of four brothers and was born on July 22, 1949. Sheikh Mohammed is also the Vice President and Prime Minister of the United Arab Emirates. He has entrusted Hiss Highness Sheikh Mohammed, who in addition to ruling Dubai is also UAE’s Vice President and Prime Minister, to oversee production.

Licenses already acquired include A Nightmare on Elm Street, Final Destination, The Texas Chainsaw Massacre, Friday the 13th, Leprechaun, Child’s Play, Ash (from The Evil Dead), Hellraiser and many more in the works.

Early ride projections can be found inside.

“We’re mirroring Walt Disney World for our planned layout, with specific “lands” being developed to mix in characters from America’s favorite slasher films,” said Mohammed.

Plans include:

*A main street connecting the front of the park to the “lands.” It will be “Elm Street”, a place where attendees can meet and greet with all of their favorite slashers.

*”Escape from Camp Crystal Lake”, a dark ride motion similar inspired by the “Indiana Jones” attraction. Passengers will be transported to Camp Crystal Lake and must escape the infamous Jason Voorhees in a camp vehicle (an enhanced motion vehicle (EMV)) during a turbulent high-speed adventure. EMV’s are driven by neoprene filled tires (for operational precision) with brushless DC motors in the wheel hub atop the surface of a slotted roadbed. The track has only three switches: a left/right split switch just before loading/unloading, a left/right combine switch just after safety check station/dispatch and a compound switch to swap vehicles in/out of the maintenance bay, behind the mirrors. Beneath the slot a tubular guide way guides the front wheel set and a damper for the rear wheel set, and three electrical buss bars provide the EMV thousands of amperes at 600 volts DC. The power is divided among the two motion systems, control, safety and audio systems. Each transport can accommodate twelve guests with three rows of seats, four across, with the front left seat behind non-operational {[steering wheel due to safety]} brake and throttle pedals. Each troop transport is a motion simulator that travels no faster than 14 miles per hour (23 km/h) atop a slotted roadbed/guiderail track. The transport car body is attached by three hydraulic rams to the frame of the chassis, and allow the shell to articulate independently. A guest’s physically intense experience is programmed to achieve the illusion of greater speed and catastrophic mechanical failure using the enhanced-motion vehicle’s ability to add several feet of lift then rapidly descend, shudder and tremble, and intensify cornering with counter bank and twist.

*”Freddy’s Escape from Hell”, a 3-D motion simulator that’ll take fans into the Elm Street world where Freddy Krueger attempts to escape the depths of Hell. It utilizes a hydraulic motion base cabin featuring 4 degrees of freedom. The trade name for this simulator is Advanced Technology Leisure Application Simulator, or ATLAS. The ATLAS was designed by Rediffusion Simulation in Sussex, England, now owned by Thomson-CSF. The Rediffusion ‘Leisure’ simulator was originally developed for a much simpler show in Canada called “Tour of the Universe”, where it featured a single entrance/exit door in the rear of the cabin and a video projector. The film is front-projected onto the screen from a 70 mm film projector located beneath the cockpit barrier.

*”Freddy vs. Jason vs. Ash” will be a “Haunted Mansion”-styled ride, where fans will witness the unfilmed story of three genre titans as they are transported from one scene to the next in a 1973 Oldsmobile Delta 88, the car that has appeared in all of Sam Raimi’s films.

*”Horror in Space” is a tongue-in-cheek roller coaster that represents Jason X, Leprechaun in Space, and Hellraiser: Bloodline.

*”Your Final Destination” will be a rollercoaster that runs through all of the lands. Inspired by Final Destination 3, fans will twist and turn avoiding Death in a wild “Mr. Toad”-esque adventure.

*”Elm Street Drop,” inspired by A Nightmare on Elm Street 3, will feature a GIANT Freddy Krueger treating passengers on a lift as a puppet. The drop will be At 199 feet (60.7 m), making it the largest drop in Dubai. The release explains it’s like “Tower of Terror”, only Freddy will be punching passengers up and down like a marionette.

*”Halloween”, a haunted house designed to look just like Michael’s house. This will be the centerpiece of the Haddonfield “land”.

“We also have yet to work out plans to integrate Leatherface and the ‘Texas Chainsaw Massacre’ franchise,” Mohammed added also explain other plans for Halloween. “It’s going to be ‘Halloween’ 365 days of the year as attendees can trick or trick at any of the shops for little treats.”

The three lands planned thus far will be “Camp Crystal Lake,” “Space Terror”, and “Haddonfield”.

Construction begins on April 1, 2012 with the park opening on April 1, 2015.