The Hollywood director is executive producer of the project, along with Harrah's Entertainment Inc., to create a high-tech venture called "iPort."
Cameron will contribute rights and oversight to develop interactive rides based on his hit movies.
He explains, "We've been discussing already an Aliens attraction and there's a discussion of a Titanic attraction, what I call the "Titanic restaurant-slash-near-death-experience."
In the plans, the Titanic's first-class dining room would be re-created in one iPort area; following a dinner, visitors could then move on to a mock-up of the ship's boiler room and see a re-creation of the doomed ship's collision with the iceberg via a fire-and-ice filled show.
Cameron said other attractions would be based on anime characters, videogames or even Bollywood films.
The bid is part of a development project to enhance the Marina Bay site.
The winning bid will be announced later this year, and if accepted, the theme park opening would be scheduled for 2010.
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