The S$50 million movie town project of the Tang dynasty era cultural village next to Jurong Lake was first announced on 11 May 1988, with strong backing of four government agencies Economic Development Board, Jurong Town Corporation, Singapore Tourism Promotion Board and Ministry of Community Development.
Supported with funding and plans of the development of the park from the Singapore subsidiary of UK-based Dominion International, United Industrial Corporation and other Dutch and Thai investors.
[2] The Tang Dynasty Village Motion Pictures Pte Ltd was also set up on 12 May 1989 to plan and write for movies and TV shows to be produced on theme park.
[4] The visitor attendance to the theme park was low due to its high admission prices and its lacklustre exhibits.
However the plans fell through when the landlord JTC Corporation put out notice in October 2007 seeking for contractors to carry out the demolition works to level the former theme park on January next year.