HONG KONG (July 10, 2009) – The Hong Kong SAR Government and The Walt Disney Company (TWDC) today applaud the Legislative Council’s approval of the financial arrangement relating to the Hong Kong Disneyland (HKDL) expansion plan. Three new themed areas will be added to HKDL, bringing the total number of attractions, entertainment, and interactive experiences at the resort to over 100 by 2014 and further establishing Hong Kong as one of the world’s premier international family tourist destinations.
Financial Secretary, Mr. John C. Tsang commented that, “HKDL, as an important tourism infrastructure, has brought substantial economic benefits to Hong Kong. With the proposed expansion and realignment of the financial arrangements, we believe that HKDL would rise up to the keen competition in the region on the tourism front, attracting more family visitors from round the world. This will generate streams of benefits to our tourism and related sectors, further reinforcing the tourism industry’s contribution as a major pillar of Hong Kong’s economy.”
“We are pleased that the financial agreement relating to the HKDL expansion has been approved and we are eager to begin work on this exciting new chapter for Hong Kong Disneyland,” said Jay Rasulo, Chairman of Walt Disney Parks & Resorts. “This substantial investment represents our continued commitment to and confidence in Hong Kong Disneyland and solidifies our partnership with the Hong Kong government helping assure the resort’s long-term success.”