The Chinese version of "the unsinkable ship" that comes at a price tag of 165-million US dollars will not set sail—instead, it will be permanently parked at a tourism resort in Sichuan Province.
CEO of the project funder, Seven Star Energy Investment Group, Su Shaojun, says Asia needs its own Titanic museum.
[Su Shaojun, CEO, Seven Star Energy]:
"We think it's worth spreading the spirit of the Titanic. The universal love and sense of responsibility shown during the Titanic shipwreck represent spiritual richness of the human civilization. So I think it's necessary for us to do this.”
Last year, the world marked the centenary of the tragedy, when the luxurious liner sank and took over one-thousand-five-hundred lives with it, during her maiden voyage from Southampton to New York on April 15, 1912.
The 1997 movie ‘Titanic’ starring Leonardo DiCaprio and Kate Winslet is the second highest-grossing movie after Avatar, capturing over two-billion dollars worldwide according to Box Office Mojo.
Actor Bernard Hill who played Captain Edward Smith in the movie, flew to Hong Kong to show his support.
[Bernard Hill, Actor in ‘Titanic’]:
"The Titanic is an element within the theme park in the works. And it's been approached in a very delicate and a very sensitive way, and they're very aware of the extent of the disaster in 1912. And I don't think it will belittle that disaster, it won't distract from it or in any way be an insensitive way of approaching it."
The Titanic replica is set to begin construction after the Chinese lunar new year which falls on January 31 this year, and is due to be completed by 2016.
A life-sized replica of Titanic, which will feature a ship-wreck simulation, is set to become the centerpiece in a theme park in central China.