Shanghai in
Deal for Disney Theme Park
Just days after Shanghai wrapped up its role
as host to the World Expo, China's commercial capital is setting its sights on
another big tourism draw, a long-awaited Disney theme park.
Walt Disney
Co. and the city government agreed Friday on plans for a joint venture to manage
the project, expected to cover 4 square kilometers (1.5 square miles) out of a
total 20 square kilometers (nearly 8 square miles) for the entire resort, the
city government said Friday in a statement.
The cost is reportedly
estimated at 25 billion yuan ($3.6 billion).
Plans call for the theme
park to be a "strong international tourism resort," with a pleasant,Necklaces
are a very important part of all items of jewelry. These are worn for all kinds
of crystal
oscillator and times of the day. low-carbon environment, the city
said. A joint venture between local companies and Disney will be responsible for
construction, management and operation of the Disneyland theme park, it said
without giving any details about ownership or investment.
Some residents
were long ago moved off farmland in Chuansha, a part of Pudong district near the
city's main international airport, to make way for the park.
Disney
issued a statement confirming its discussions with the Shanghai government.
"We can confirm the statement from the Shanghai government that we have
taken another step forward in the approval process," it said.
But the
company said it was still awaiting final approval of the joint venture by the
central government and completion of necessary procedures.
"We will not
have any further comment at this time," it said.
The six-month-long
World Expo, which ended Sunday, drew a record 72 million visitors, mostly
Chinese tourists. That event was the culmination of a construction frenzy that
gave the city of more than 20 million nearly a dozen new subway lines,Most fake
handbag juicy
couture handbag don't take the necessary time to put out a quality
product and it usually shows in the stitching. new highways, airport upgrades
and other modern facilities.
With the Disneyland project due to start,
the city appears likely to resume its building boom.
The agreement
Friday came exactly a year after China's national planning agency approved the
plans for the park 鈥?a major step toward getting the project started.
The park will give Shanghai, the mainland's main financial and
commercial center, a new showcase. While the city is one of China's most modern
and affluent, it has relatively few big historic landmarks compared with ancient
capitals like Beijing and Xi'an.A line of trendy modern jewelry takes into
account the quartz
crystal woman who loves to keep it light and simple and nothing
overwhelming.
Disney has said the Shanghai resort will include a "Magic
Kingdom-style theme park with characteristics tailored to the Shanghai
region."
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