Related News
HK pleased with Disney discussions
Source: Agencies |
May 4, 2009, Monday
|
Print Edition
Print Edition
A TOP Hong Kong government official is pleased with the progress in talks with the Walt Disney Co on expanding the underperforming Hong Kong Disneyland, and a deal could be reached soon, his spokesman said last Saturday.
Hong Kong Financial Secretary John Tsang met with Disney executives, including theme parks Chairman Jay Rasulo and parks Chief Financial Officer Jim Hunt last Friday in Los Angeles.
Disney and Hong Kong, which are partners in the park, have held protracted talks over financing for a second phase of construction, which could cost a reported HK$3 billion (US$387 million).
"We had very good discussions with the Disney management ... yesterday (Friday). We are happy with the progress achieved at the negotiations regarding Hong Kong Disneyland's expansion plans," spokesman Patrick Wong said in an e-mail. "There are still a number of issues to be sorted out but we hope that an agreement could be reached quite soon."
Disney was "encouraged by the recent discussions with our partners regarding the expansion of Hong Kong Disneyland and are optimistic we will be able to finalize a deal to move forward on exciting new plans for the park," Disney spokeswoman Tasia Filippatos said last Saturday.
In Hong Kong, officials said details on Disney's expansion would be announced soon.
"According to my understanding, on a number of important and significant points, everyone is beginning to have little breakthroughs," Rita Lau, Hong Kong's Secretary for Commerce and Economic Development, said in a statement.
The meeting came weeks after Disney said it had suspended growth plans and disbanded the group of designers working on adding attractions to the park that opened in 2005. Critics say it is too small to attract the repeat visits that have made Disney's other parks profitable.
Disney, meanwhile, has signed a framework deal with Shanghai to build a park there.
Hong Kong Financial Secretary John Tsang met with Disney executives, including theme parks Chairman Jay Rasulo and parks Chief Financial Officer Jim Hunt last Friday in Los Angeles.
Disney and Hong Kong, which are partners in the park, have held protracted talks over financing for a second phase of construction, which could cost a reported HK$3 billion (US$387 million).
"We had very good discussions with the Disney management ... yesterday (Friday). We are happy with the progress achieved at the negotiations regarding Hong Kong Disneyland's expansion plans," spokesman Patrick Wong said in an e-mail. "There are still a number of issues to be sorted out but we hope that an agreement could be reached quite soon."
Disney was "encouraged by the recent discussions with our partners regarding the expansion of Hong Kong Disneyland and are optimistic we will be able to finalize a deal to move forward on exciting new plans for the park," Disney spokeswoman Tasia Filippatos said last Saturday.
In Hong Kong, officials said details on Disney's expansion would be announced soon.
"According to my understanding, on a number of important and significant points, everyone is beginning to have little breakthroughs," Rita Lau, Hong Kong's Secretary for Commerce and Economic Development, said in a statement.
The meeting came weeks after Disney said it had suspended growth plans and disbanded the group of designers working on adding attractions to the park that opened in 2005. Critics say it is too small to attract the repeat visits that have made Disney's other parks profitable.
Disney, meanwhile, has signed a framework deal with Shanghai to build a park there.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
