The government is to contribute approximately HK$5.8 billion to a HK$10.9 billion proposed plan to expand Hong Kong Disneyland.
The company and the Hong Kong government announced on Tuesday plans for a multi-year expansion of Hong Kong Disneyland in an effort to appeal to a diverse audience of all ages. The amusement park will be building Frozen and Marvel themed areas as part of the expansion.
The Hong Kong government and the Walt Disney Company will be sharing the costs based on their current ownership stakes, which are 53 per cent and 47 per cent respectively. The company will contribute approximately HK$5 billion.
There will be two attractions, uniquely themed restaurants and shops in the new Frozen themed land.
New attractions will also be added to the Marvel themed area. For example, visitors will be able to fight alongside Marvel heros in the reimagined version of the “Buzz Lightyear Astro Blasters” attraction.
The theme park will also be expanding its existing castles to showcase new daytime and nighttime spectaculars and entertainment offerings.
“We are more excited than ever about the future of Hong Kong Disneyland,” said Bob Chapek, chairman of Walt Disney Parks and Resorts.
The expansion plans are subject to funding approval by Hong Kong’s legislature and the company’s board of directors.
A new Marvel-themed ride – “Iron Man Experience” – will begin operations on January 11 next year. A themed Disney Explorers Lodge resort hotel with 750 rooms will open to the public in the first half of 2017.