Shanghai Disneyland set to open next year
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E-mail Shanghai Daily, February 4, 2015
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This aerial photograph taken yesterday of the Shanghai Disneyland site shows the theme park still under construction in the Pudong New Area of the city. Foreign media reported that the opening of the tourist attraction — the first of its kind on China’s mainland — has been postponed until next year. Shanghai Mayor Yang Xiong said last week that construction work would end this year. |
At the same time, the project’s investors said they had agreed to boost spending by US$800 million to pay for more attractions, Reuters reported.
Shanghai Mayor Yang Xiong said last Thursday that basic construction work should be completed this year.
“As for the exact opening date, I guess we still need to do more preparatory work and have further discussions with the Walt Disney Co as well as other Chinese partners,” Yang told a press conference at the conclusion of the annual session of the Shanghai People’s Congress.
“Plans will be made to ensure we are fully prepared. We will refer to our successful experience gained during the World Expo to handle the issue properly,” he said.
Shanghai Disney Resort, of which the theme park will be a part, is a joint venture between the state-owned Shanghai Shendi Group — a consortium of property, tourism and media companies run by the city government — which holds 57 percent, and Disney, with 43 percent.
Shendi Group was unavailable for comment yesterday.
“Shanghai Disneyland represents our best international growth initiative in a long time,” Iger said during a conference call in November.
The executive plans to retire in 2018 and the Shanghai theme park, which has been in the pipeline for more than a decade, is expected to be one of his legacies, according to the Wall Street Journal.
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