Hong Kong Disneyland
The Hong Kong Disneyland resort is currently being built by The Walt Disney Company. It is located on reclaimed land in Penny's Bay, the northeastern tip of Lantau Island (approximately two kilometres from Discovery Bay), in Hong Kong. Its opening is scheduled for late 2005 or early 2006.
Plans for the project include a Disney theme park, two hotels (Disneyland Hotel and Disney's Hollywood Hotel), and retail, dining and entertainment facilities stretching over 1.3 km² (310 acres) on Lantau Island. The park will feature four themed lands (Main Street USA, Adventureland, Fantasyland, and Tomorrowland) similar to those at other Disney parks, and nightly fireworks.
Transportation will be served by its own rail network, with specially-designed trains, linking to the Yam O station currently under construction on the MTR Tung Chung line.
The Hong Kong government will own 57% of the US$1.8 billion park project, and expects it to provide 18,400 jobs on opening and up to 35,800 jobs over the following 20 years. The total economic benefits amount to an estimated HK$ 148 billion (US$19 billion), or about six percent of Gross Domestic Product (GDP).
The park is projected to attract five to six million visitors in its opening year, mostly locals, tourists from mainland China and nearby Asian countries.
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