Mission Hills Haikou has announced plans to bring China’s first Wet’n’Wild waterpark to the resort in Hainan, with the expansive waterpark set to open at the end of 2016.

Working in partnership with theme park operator Village Roadshow and the Guangxi Investment Group, Wet’n’Wild Haikou will cost C¥500m (US$78.4m, €72.8m, £51.5m) to develop. The attraction will cover 50,000sq m (538,000sq ft), with around 8,000sq m (86,000sq ft) allocated towards an indoor section of the waterpark.

The park will sit in a prime location at Lan Kwai Fong – a leisure complex within Mission Hills, which includes restaurants and bars, retail, entertainment and cultural elements, as well as hotel brands such as Ritz-Carlton, Renaissance and Hard Rock Hotels.

The Hainan resort adds to Village Roadshow’s expanding portfolio of Wet’n’Wild, which currently includes locations in Queensland, Sydney and Las Vegas.

Water Technology Inc is leading the park’s design, also acting as a technology consultant. WhiteWater West is acting as a supplier.

“Mission Hills is excited to work with Village Roadshow, who are proven global experts in theme park development and management,” said Ken Chum, chair and CEO of Mission Hills.

“The addition of Wet’n’Wild Haikou will reaffirm Mission Hills Haikou’s position as one of the most sought-after tourism destinations in the world.”