Shanghai Disneyland to invest 25 billion yuan to build magical kingdom

Xinhua Shanghai, November 4 (reporter Diming, Wang Wei) Xinhua News agency reporters to find out that the Shanghai Disneyland theme park and supporting facilities area of the first planning and development area of about 4 square kilometers, will take up about 1 square kilometers of the theme park as the main core area, investment scale of about 25 billion yuan,　　The first phase of development and construction projects are completed in 5 to 6 years. The news office of Shanghai Municipal People's government was authorized to announce 4th morning that the Shanghai Disney Project Application report has been approved by the State authorities.　　The two sides of the project are conducting in-depth consultations on the specific content and details of the cooperation, and will work together to build a world-class Disneyland in Shanghai's Pudong new area. The 4th news from the Walt Disney Company said the approval of the project's application will enable Disney and its Shanghai partners to move towards a final agreement on a building and operating paradise, and initiate initial development efforts.　　When the final agreement is completed, the initial phase of the project will include a "magical kingdom" theme park tailored for the Shanghai region and other facilities consistent with the global Disney tourist destination resort. Xinhua News agency reporter learned that the first development of the Shanghai Disneyland theme park will be around the "Magic Kingdom" theme of the design and construction work, including the construction of five thematic areas of pleasure, selected "Winnie the Pooh Adventures" "Space Flying saucer" and more than 20 major attractions.　　In the theme park area surrounding, and then supporting the greening of the water, transport facilities, commercial catering, hotel accommodation and other services, together constitute about 4 square kilometers of Disney theme park and ancillary facilities area. "China is one of the most dynamic, exciting and important countries in the world, and this approval marks a significant milestone for the Walt Disney Company in mainland China," he said. "said Iger, president and CEO of Walt Disney Company in the United States.