This information was revealed by the President of Bruce Lee’s fan club, Wong Yiu-Keung.
The park will have a statue, a memorial, and a martial arts academy, in honour of the 34-year-old.
According to a Chinese newspaper, this park will cost more than $25 million.
Bruce Lee was born in the United States, but became a celebrity in Hong Kong because he moved to Hong Kong when was three.
His well known film included, Fist of Fury, Enter the Dragon and Game of Death.
The actor died in 1973, at the age of 32, of a brain edema (accumulation of fluid and swelling), caused by an abnormal reaction to painkillers he had been prescribed.