New Disneyland to be built in Shanghai

Posted by Van
March 20, 2008

The Walt Disney Company is expected to announce plans for a new Disneyland park to be located at Chuansha town, Pudong, Shanghai. Shanghai mayor Han Zheng said that the city has the ability to build a Disneyland park and is awaiting final approval from the State Council, China’s cabinet. The anticipation of a formal announcement by Disney has already started to affect the local economy. Homes for sale in an area near where the park is expected quickly sold out the word got out.

The formal announcement is expected to take place around the time of the 2008 Beijing Olympic Games.