Funding Approved for 1.4 Billion Expansion at Hong Kong Disneyland

Hong Kong’s Legislative Council has approved plans for the government to co-finance the $1.4 billion (HK$10.9 billion) expansion of the Hong Kong Disneyland theme park.

The expansion was proposed in November of last year, but came under scrutiny from lawmakers who challenged it in finance committee and other council sessions. After months of delays it was finally approved by a vote of 30 to 24. Lawmakers became hostile to the spending plans due to the park’s losses last year and publicity about Disney continuing to receive management fees despite the facility’s poor performance. In March, Disney offered to equally split the cost of the expansion, despite being the minority owner. It also offered to waive variable management fees for two financial years.

Hong Kong Disneyland will be bringing Arendelle to life in a Frozen themed area as part of the expansion. A Marvel themed area is also part of the plan. Hong Kong Disneyland recently opened the Iron Man Experience and later this year it will launch a Marvel Super Hero Summer event.

Seeing all these expansion plans definitely makes me want to check out the Disney Parks all over the globe. How many Disney parks have you visited?

Photos courtesy of Hong Kong Disneyland

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