The Walt Disney Company and Shanghai Shendi Group, its joint venture partner in China, have broken ground on the Shanghai Disney Resort following approval from the Chinese central government in Beijing. Both companies marked the start of construction on the first Disney resort in mainland China at a groundbreaking ceremony held earlier today.
According to China Daily, the Shanghai Disneyland project will receive land appropriated to it in July. The report goes on to say that 97% of the approximate 2,000 households and 300 companies have been relocated to make way for the new Disney resort. The report quotes the district’s head who suggests the project will take 5 or 6 years to complete, which would go past the anticipated 2014 opening for the newest theme park.