MouseBuzz.com - View Single Post - Shanghai Disney

**mickey** · 07-31-2005

HONG KONG (Dow Jones)--Walt Disney Co. (DIS) plans to open a Disney theme park in Shanghai in 2012, the Hong Kong Economic Times reports.

Citing sources, the report said Disney and the Shanghai government reached an agreement to begin construction of China's second Disneyland in 2008, with a completion date of 2012.

The sources said the park will be four times bigger than Hong Kong's Disneyland, scheduled to open September 12.

However, it is unclear whether the plan will receive regulatory approval from China's central government, according to the newspaper.

The first group of Disney's U.S.-based theme park designers and planners currently in Hong Kong will be moving to Shanghai for preparation of the park, which is expected to begin in mid-2006, the newspaper said.

Disney has said that the company won't rule out the possibility of opening another theme park in China after 2010.

07-31-2005	#1 (permalink)
mickey Administrator Join Date: Sep 2001 Posts: 6,232	Shanghai Disney - 2012 HONG KONG (Dow Jones)--Walt Disney Co. (DIS) plans to open a Disney theme park in Shanghai in 2012, the Hong Kong Economic Times reports. Citing sources, the report said Disney and the Shanghai government reached an agreement to begin construction of China's second Disneyland in 2008, with a completion date of 2012. The sources said the park will be four times bigger than Hong Kong's Disneyland, scheduled to open September 12. However, it is unclear whether the plan will receive regulatory approval from China's central government, according to the newspaper. The first group of Disney's U.S.-based theme park designers and planners currently in Hong Kong will be moving to Shanghai for preparation of the park, which is expected to begin in mid-2006, the newspaper said. Disney has said that the company won't rule out the possibility of opening another theme park in China after 2010.