ChongMing Island, the potential site for Disney Theme Park at Greater Shanghai
Source: Mingpao News
According to Mingpao News and citing reference to various Mainland China News, the future site for Disney Theme Park in Mainland China would be Chong Ming Island at Greater Shanghai.
it is estimated that the Disney Theme Park will cost 40 billion (RMB).
Photo Credit : Flickr
Re: ChongMing Island, the potential site for Disney Theme Park at Greater Shanghai
Shanghai to resume building Disneyland theme park after 2010 - report
December 02, 2007: 11:35 PM EST
Dec. 2, 2007 (Thomson Financial delivered by Newstex) -- BEIJING (XFN-ASIA) - Shanghai will resume building its Disneyland (NYSE-DCQ) (NYSE-DIS) theme park after 2010, the China Business Journal reported citing sources.
A source was quoted as saying that total investment in the projected theme park will also increase to 40 bln yuan from the previous 30 bln yuan.
The park is expected to be located on Chongming island instead of the original plan to build it in Shanghai's Chuansha district, the source said.
The Disneyland them park project was suspended due in part to fallout from the Shanghai pension fund scandal last year.
However CNN Money.com said that the Mainland China theme park will only be built after the year 2010 so it is not going to be built now.