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It is being Construction loan Sydney Oak Laurel Drummoyne, 4/19 Roseby St, Drummoyne NSW 2047, 0430129662, oaklaurel.com.au built in thelandlocked Chinese province of Sichuan and won't actually set sail, but will instead become the main attraction in a new amusement park. This version really is unsinkable. The New Titanic is under construction in Daying county, Sichuan. Here are the latest photos of construction site. pic.twitter.com/3xz3SSCfEe NewTitanic (@new_titanic) February 23, 2017 Visitors will, however, be able to stroll around replica interiors, including a ballroom, theatre, swimming pool and cabins, indulge in a similar banquet enjoyed on the ill-fated vessel, and take part in themed parties and games. There are even plans for a simulation experience that will give guests an idea of how it felt like for those on board when the Titanic struck an iceberg and sank in the North Atlantic. A giant Titanic replica will anchor a new theme park in Chinas Sichuan province. https://t.co/uW9GfcnYRK NewTitanic (@new_titanic) February 15, 2017 Qixing Energy Investment Group first announced the project in 2014, but after long delays it appears the ambitious 296-metres replica may actually be completed. A ceremony to mark the start of construction work took place in December - with Lord Mandelson, confusingly, among the guests . The firm is reportedly prepared to spend more than 1bn (115 million) making it a reality. View photos A poster for the original Titanic More Even grander are the plans of Australian billionaire Clive Palmer. He's been touting his Titanic II project, comprising a replica that will actually hit the high seas, for several years. A proposed 2016 launch date has been and gone, however, and construction on the vessel is yet to start. New Titanic design expert Curtis Schnell said Were trying to get as close as we can." https://t.co/1Uvk6Trm2i NewTitanic (@new_titanic) February 13, 2017 Palmer is something of an eccentric. He announced the project in 2013 with a rambling, comical video address ."Titanic comes from a time when the world was different," he said.