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| Friday August 11, 12:18 AM Shanghai ready to build 3.75-billion-dollar Disney park Shanghai has begun to prepare for a 3.75-billion-dollar Disney theme park, an official said, signaling the city is confident it can win the central government's approval for the complex. "Everything is in the stages of early preparation," said an official with the city's planning and construction department surnamed Tang. "We are awaiting for the approval from the State Council (cabinet)." Asked to confirm media reports that the project was expected to cost 30 billion yuan (3.75 billion dollars), Tang replied: "Yes." Tang refused to provided more details but media reports have said authorities had identified a 14.25-square-kilometre (5.7-square-mile) site that was four times the size of the Disneyland opened last year in Hong Kong. Officials have a detailed plan that includes the construction of a subway line, expressways and a link to Pudong international airport, the China Daily said. It also said that the government had begun relocating residents in the area, a claim which city officials vigorously denied. "The relocation report is nonsense," said Ma Xuejie, vice director of the press office with the Pudong government. In March, the mayor of the city of 17 million people acknowledged for the first time it was seeking to build a Disney park. Hong Kong and mainland media have repeatedly reported that Shanghai hoped to start construction of the theme park in 2008 but Disney has insisted that any potential deal would not come before 2010. Disney was not immediately available for comment Thursday. |
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