Hong Kong Disneyland to invest HK $4 billion in expansion

[crazy4wdw]

Source:中国日报

HK Disneyland to invest HK$4b in expansion

Editor:Sharon Lee
Source:中国日报
Updated: 2008-12-23 15:38:31

Hong Kong Disneyland CEO Kam Min-ho said on Dec 22 the company will invest HK$4 billion in expanding its park. Details of the expansion plan are expected to be released next year after discussion with the Hong Kong government. The expansion work is expected to be finished within two or three years.

As planned, the new facilities will comprise three theme zones with an area of about one third the size of the existing park. Some of the new attractions in the proposed extension will be exclusive to Hong Kong Disneyland, said Bill Ernest, president of Asia Region, Disney Theme Park and Resorts Business Unit.

[KYMickey]

As I mentioned it in another thread the money for this expansion as well as money to pay off HKD's loans if coming from Walt Disney Inc. In the U.S.! Pretty bad that we can't get expansions but can fund others.

Here's a link to that thread: Disney to HKD expansion (http://www.disboards.com/showthread.php?t=2035855)

[KMovies]

I would guess that the Hong Kong park has the most need for expansion; as it is new and only has 4 themed lands; no Mansion; no Pirates; no Splash Mountain.

[KYMickey]

Not to mention its losing money!! pirate:

[ChrisFL]

Yep because Disney still hasn't learned it's lesson that you can't build half a park and charge full price and expect everyone to show up...they've done this same mistake several times already