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Shanghai Disney to Start in Nov
Posted on: Mon, 18 Oct 2010 07:31:18 EDT
Posted on: Mon, 18 Oct 2010 07:31:18 EDT
SHANGHAI, Oct 18, 2010 (SinoCast Daily Business Beat via COMTEX) --
The Disney project in Shanghai is said to be started after the ending of the 2010 Shanghai Expo in November, people close to the matter disclosed.
By far, phase I land has been delivered, and the preparation work of the bid inviting and the negotiations between the Chinese and US parties have been close to the end.
The Chinese and US parties will establish an investment holding company each, which will invest in the Disney project in name of the two parities, and will set up several joint ventures in accordance with different functions of construction and operation, in attempt to support the Disney project from construction to operation.
Source: www.cnstock.com (October 18, 2010)