Results 1 to 6 of 6
  1. #1

    • Iron-Clad Allie
    • Offline

    Join Date
    Feb 2005
    Posts
    39,482

    Contstruction May start before June on Shanghai park. Water we gonna see?!

    Source: Screamscape

    Infrastructural construction is predicted to begin as early as May on the 1.16 square kilometer park. It will include a 0.39 kilometer lake, and a river that will encircle SDL that will be around 10 kilometers long and 60 meters wide. The river will "facilitate the management of the world's newest Disneyland and adorn the landscape." With a pricetag of $6.1 billion this should be one humdinger of a place. I look forward to it opening in 2014 when the construction finishes, or soon after.
    Last edited by Ride Warrior; 01-07-2011 at 12:26 AM.
    To Boldly Go Where No MiceChatter Has Gone Before!


  2. #2

    • Banned User
    • Offline

    Join Date
    Oct 2008
    Location
    CA
    Posts
    2,008

    Re: Contstruction May start before June on Shanghai park. Water we gonna see?!

    Not going to happen by Spring/Summer

    From Screamscape
    According to Disney & More, the Oriental Land Company has now denied the persistant rumors that they may be involved somehow with the Shanghai Disneyland park. According to their director of public relations, the ‘media reports are not true.”
    and Wall St reports.
    SHANGHAI (Dow Jones)--Japan's Oriental Land Co. (4661.TO), the operator of the Tokyo Disney Resort, on Friday denied a Chinese media report that said it is in talks with Walt Disney Co. (DIS) on running the Disneyland theme park planned for Shanghai.

    "We have no plans to participate in the operations of the theme park in Shanghai and we have never been in talks with the Shanghai government or Walt Disney about running the park," Hiroshi Suzuki, a spokesman for Oriental Land, told Dow Jones Newswires.

    China's 21st Century Business Herald reported Thursday that Oriental Land was in talks with Walt Disney on securing the rights to run the Shanghai park.

    The Shanghai government said Monday construction of the multi-billion-dollar theme park's basic infrastructure would start this year.

    The 21st Century Business Herald report also said the Shanghai government's total investment in the park would be more than CNY100 billion ($15.1 billion). The report didn't cite any sources.
    Investment in the theme park itself would be about CNY25 billion, and the cost of the supporting facilities would amount to an estimated CNY40 billion, the paper said.

    A spokeswoman for Disney told Dow Jones Newswires: "We are still awaiting final approval from the central government on the incorporation of the related joint venture companies and the completion of the necessary regulatory processes, so it is premature to comment on any aspect of the development at this time."

    Walt Disney said in November it had signed a detailed agreement with local authorities on how they would jointly operate the theme park in Shanghai.

    The initial phase of the project could cost more than $3.5 billion, making Shanghai Disneyland one of the largest foreign investments in China.

    China's Ministry of Commerce still needs to sign off on the plan, which could take months and require amendments.

    By Esther Fung, Dow Jones Newswires; 86-21-6120-1200; [email protected]
    Last edited by JMora; 01-06-2011 at 11:58 PM.

  3. #3

    • Iron-Clad Allie
    • Offline

    Join Date
    Feb 2005
    Posts
    39,482

    Re: Contstruction May start before June on Shanghai park. Water we gonna see?!

    Quote Originally Posted by JMora View Post
    Not going to happen by Spring/Summer

    From Screamscape
    and Wall St reports.
    Sounds like they're going ahead with the construction without the OLC. I doubted Japan wanting to invest in anything that has to do with china anyway. The two countries have remained mortal enemies for centuries.
    To Boldly Go Where No MiceChatter Has Gone Before!


  4. #4

    • Closed Account
    • Offline

    Join Date
    Oct 2010
    Posts
    619

    Re: Contstruction May start before June on Shanghai park. Water we gonna see?!

    "Water we gonna see"

    Intentional or not - it's catchy.

  5. #5

    • Iron-Clad Allie
    • Offline

    Join Date
    Feb 2005
    Posts
    39,482

    Re: Contstruction May start before June on Shanghai park. Water we gonna see?!

    Quote Originally Posted by Ummmmm, No View Post
    "Water we gonna see"

    Intentional or not - it's catchy.
    Why yes Ummmmm, No. Thanx. I engaged in a fluid thought process creating it.
    To Boldly Go Where No MiceChatter Has Gone Before!


  6. #6

    • Member
    • Offline

    Join Date
    Mar 2010
    Posts
    277

    Re: Contstruction May start before June on Shanghai park. Water we gonna see?!

    from disney and more

    the shanghai mayor stated the following
    "The approved investment for the first phase of the Disneyland project in Shanghai stands at 24.5 billion yuan (3.7 billion U.S. dollars), Shanghai Mayor Han Zheng said Sunday."



    http://disneyandmore.blogspot.com/20...mated-for.html

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •