China approves Shanghai Disneyland Park ÂºoÂº

Disney3xJC

After a courtship of about 20 years, the Walt Disney Company has won approval from the central government of China to build a Disneyland-style theme park in Shanghai, Robert A. Iger, Disneyâ€™s chief executive, said Tuesday.

The agreement for a Shanghai Disneyland is a landmark deal that carries enormous cultural and financial implications. Analysts estimate the initial park â€” not including hotels and resort infrastructure â€” will cost $3.5 billion, making it one of the largest-ever foreign investments in China.

The initial resort, with a mix of shopping areas, hotels and a Magic Kingdom-style theme park, will sprawl across 1,000 acres of the cityâ€™s Pudong district â€” with the theme park occupying about 100 of those acres. It would be a little bigger than Disneyland in Anaheim, Calif., and on par with the parks in Paris and Tokyo. It is expected to open in five or six years.
_________________
John

WDWFan · Pilot Joined: Mar 01, 2006 Posts: 10863

Hope this pays off for both Disney and for the people living in China.
Wonder what the impact on HongKong DL will be.

daguru · Posted: Wed Nov 25, 2009 8:24 am Post subject:

Another level of government approval granted: http://abcnews.go.com/Entertainment/wireStory?id=9160382

One of my favorite blogs Disney and more has posted a couple of articles regarding the park, including office location and size information:
http://disneyandmore.blogspot.com/2009/11/shanghai-disneylands-final-location.html

http://disneyandmore.blogspot.com/2009/11/shanghai-disneyland-smaller-than-hong.html
_________________
Up or Down North, South, East, or West An Adventurer's Life is Best!

MedievalBoy14 · Posted: Fri Nov 27, 2009 10:59 am Post subject:

Although I really love the international Disney Parks, I still wonder, would Walt want Disney to go International? I don't mean this in a way that I am against the parks, but I still wonder...
_________________
Wish I was at Epcot...

alsirrap · Parking Lot Shuttle Driver Joined: Nov 01, 2008 Posts: 47

I know that it's a touchy subject, but, at last years shareholders meetings, someone asked if they thought that Walt Disney would build a park in a communist country. I'm not for one side of the question or the other, but I do wonder about that.

WDWFan · Pilot Joined: Mar 01, 2006 Posts: 10863

I strongly suspect he would not, but then again, the company has gone on to do a lot of things he wouldn't have done. All in pursuit of the mighty yen.

daguru · Posted: Fri Nov 05, 2010 1:04 pm Post subject:

Disney has finished and signed the official paperwork: http://disneyandmore.blogspot.com/2010/11/breaking-news-disney-signs-agreement.html

And at the same time, the initial construction of the park has BEGUN! http://disneyandmore.blogspot.com/2010/11/shanghai-disneyland-construction-begins.html
_________________
Up or Down North, South, East, or West An Adventurer's Life is Best!